We’ve compared 7 companies, and found CurrencyFair to be the cheapest, while Revolut is the fastest.
Sending £6,000 gets you ₩10,773,069.35 with CurrencyFair at 1,796.2600 KRW per GBP, about 0.23% more than the next best option.
| 7 of 7 providers Last updated on 10 November 2026 | |||
| Based on 6,000 GBP transfer Best companies for GBP/KRW transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee £37.33 1 GBP = 1797.1800 KRW -0.05% vs mid-market | Recipient gets ₩10,715,991.00 Within minutes | |
Ways to receive money in South Korea with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer £37.331 GBP = 1797.1800 KRW ₩10,715,991.00You pay£6,000.00 | |||
| Promoted  Xe Pay via Debit card | Fee £0.00 1 GBP = 1779.6730 KRW +0.93% vs mid-market | Recipient gets ₩10,678,038.00 Minutes - 24 hours | |
Ways to receive money in South Korea with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 GBP = 1779.6730 KRW ₩10,678,038.00You pay£6,000.00 | |||
Run a live search Showing top United Kingdom to South Korea deals for 6,000 GBP. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live GBP to KRW rates. | |||
Run a live search These companies offer multi-currency accounts for spending KRW. We suggest doing a live search based on how much GBP you're planning to spend in South Korea. | |||
Run a live search These are managed services with real human support for large GBP transfers. Click the link and update the transfer amount to get the best deal. | |||
 CurrencyFair Pay via Bank transfer | Fee £2.50 1 GBP = 1796.2600 KRW 0.00% vs mid-market | Recipient gets ₩10,773,069.35 Minutes - 24 hours | |
Ways to receive money in South Korea with CurrencyFair when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours £2.501 GBP = 1796.2600 KRW ₩10,773,069.35You pay£6,000.00 | |||
| Exclusive: First Transfer Deal  Regency FX Pay via Bank transfer | Fee £0.00 1 GBP = 1791.4378 KRW +0.27% vs mid-market | Recipient gets ₩10,748,626.88 Minutes - 24 hours | |
Ways to receive money in South Korea with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 GBP = 1791.4378 KRW ₩10,748,626.88You pay£6,000.00 | |||
 OFX Pay via Bank transfer | Fee £0.00 1 GBP = 1787.3064 KRW +0.50% vs mid-market | Recipient gets ₩10,723,838.11 Minutes - 24 hours | |
Ways to receive money in South Korea with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 GBP = 1787.3064 KRW ₩10,723,838.11You pay£6,000.00 | |||
| Wise Pay via Bank transfer | Fee £37.33 1 GBP = 1797.1800 KRW -0.05% vs mid-market | Recipient gets ₩10,715,991.00 Within minutes | |
Ways to receive money in South Korea with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer £37.331 GBP = 1797.1800 KRW ₩10,715,991.00You pay£6,000.00 | |||
| Wise Pay via Debit card | Fee £56.21 1 GBP = 1797.1800 KRW -0.05% vs mid-market | Recipient gets ₩10,682,061.00 Within minutes | |
Ways to receive money in South Korea with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer £56.211 GBP = 1797.1800 KRW ₩10,682,061.00You pay£6,000.00 | |||
| Xe Pay via Debit card | Fee £0.00 1 GBP = 1779.6730 KRW +0.93% vs mid-market | Recipient gets ₩10,678,038.00 Minutes - 24 hours | |
Ways to receive money in South Korea with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 GBP = 1779.6730 KRW ₩10,678,038.00You pay£6,000.00 | |||
| Xe Pay via Bank transfer | Fee £0.00 1 GBP = 1779.6730 KRW +0.93% vs mid-market | Recipient gets ₩10,678,038.00 Minutes - 24 hours | |
Ways to receive money in South Korea with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 GBP = 1779.6730 KRW ₩10,678,038.00You pay£6,000.00 | |||
| Xe Pay via Credit card | Fee £0.00 1 GBP = 1779.6730 KRW +0.93% vs mid-market | Recipient gets ₩10,678,038.00 Minutes - 24 hours | |
Ways to receive money in South Korea with Xe when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 GBP = 1779.6730 KRW ₩10,678,038.00You pay£6,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee £50.90 1 GBP = 1790.6167 KRW +0.32% vs mid-market | Recipient gets ₩10,652,557.00 Within minutes | |
Ways to receive money in South Korea with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes £50.901 GBP = 1790.6167 KRW ₩10,652,557.00You pay£6,000.00 | |||
| US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details. | |||
| $0 fee on first online transfers  MoneyGram Pay via Debit card | Fee £4.99 1 GBP = 1765.8425 KRW +1.71% vs mid-market | Recipient gets ₩10,595,055.00 Minutes - 24 hours | |
Ways to receive money in South Korea with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hoursAvailable via:All Banks £4.991 GBP = 1765.8425 KRW ₩10,595,055.00You pay£6,004.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit card | Fee £4.99 1 GBP = 1765.8425 KRW +1.71% vs mid-market | Recipient gets ₩10,595,055.00 Minutes - 24 hours | |
Ways to receive money in South Korea with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hoursAvailable via:All Banks £4.991 GBP = 1765.8425 KRW ₩10,595,055.00You pay£6,004.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Bank transfer | Fee £4.99 1 GBP = 1765.8425 KRW +1.71% vs mid-market | Recipient gets ₩10,595,055.00 Minutes - 24 hours | |
Ways to receive money in South Korea with MoneyGram when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hoursAvailable via:All Banks £4.991 GBP = 1765.8425 KRW ₩10,595,055.00You pay£6,004.99 | |||
| Wise Pay via Credit card | Fee £169.45 1 GBP = 1797.1800 KRW -0.05% vs mid-market | Recipient gets ₩10,478,548.00 Within minutes | |
Ways to receive money in South Korea with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer £169.451 GBP = 1797.1800 KRW ₩10,478,548.00You pay£6,000.00 | |||
| How Our Results Work Mid-market rate: 1 GBP = 1796.2878 KRW Updates every 60 minutes. | |||
Transfer details
For a one-off GBP transfer to South Korea, I suggest picking the cheapest option which is CurrencyFair.
CurrencyFair was the cheapest on 3 of the 29 days it quoted £6,000 transfers to South Korea.
On a 6,000 GBP transfer, CurrencyFair delivers the most KRW.
The best option will change depending on how much you actually send, so I suggest to get the best GBP/KRW rate.
You have 3 ways to pay, including bank transfer, debit card, and credit card.
Paying from your bank is usually the fastest, since most companies connect to your banking app via Open Banking.
Anywhere a debit card works, Apple Pay and Google Pay usually do too.
First time round you'll need to confirm your name, date of birth, address and a photo ID.
On a £6,000 transfer the verification is normally instant but can take a couple of hours.
How much GBP you send to South Korea heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.
Our analysis shows CurrencyFair was the cheapest in 8% of the transfers from £6,000 it quoted, and in 6% of all the transfers it quoted.
| Cheapest service | |||||
|---|---|---|---|---|---|
| £500 | 0.37% | £0.00 | ₩894,857.00with bank transfer to bank deposit | +₩11,253.04 | |
| £1,000 | 0.07% | £2.50 | ₩1,791,061.13with bank transfer to bank deposit | +₩19,322.71 | |
| £2,000 | 0.10% | £2.50 | ₩3,586,611.13with bank transfer to bank deposit | +₩30,056.24 | |
| £6,000This page | 0.00% | £2.50 | ₩10,773,069.35with bank transfer to bank deposit | +₩111,994.71 | |
| £10,000 | 0.09% | £2.50 | ₩17,956,509.75with bank transfer to bank deposit | +₩184,162.19 | |
| £50,000 | 0.09% | £2.50 | ₩89,789,510.30with bank transfer to bank deposit | +₩548,677.95 | |
| £250,000 | 0.06% | £2.50 | ₩448,828,011.68with bank transfer to bank deposit | +₩2,725,031.38 |
Mid-market rate: 1 GBP = 1796.2878 KRW
The cheapest way to send GBP to KRW can change every day, or stay with the same company all month.
We've compared the mid-market rate with the cheapest option each day (today it's CurrencyFair), across 30 days of comparisons for 6,000 GBP transfers to South Korea.
Tue, 10 Nov 2026Mid-market rate₩10,777,726.74 CurrencyFair ₩10,773,069.35CurrencyFair₩10,773,069.35Regency FX₩10,748,626.88OFX₩10,723,838.11
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1763.8771 | – | ₩10,583,262.73 | |
| | 1761.4394 | £0.00 | ₩10,568,636.40 | −₩14,626.33 |
| | 1759.1147 | £0.00 | ₩10,554,687.92 | −₩28,574.81 |
| | 1758.7600 | £2.49 | ₩10,548,163.10 | −₩35,099.63 |
| | 1755.0577 | £0.00 | ₩10,530,346.42 | −₩52,916.31 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1775.1347 | – | ₩10,650,808.38 | |
| | 1770.3419 | £0.00 | ₩10,622,051.20 | −₩28,757.18 |
| | 1766.2591 | £0.00 | ₩10,597,554.34 | −₩53,254.04 |
| | 1753.3700 | £2.47 | ₩10,515,836.57 | −₩134,971.81 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1767.2208 | – | ₩10,603,325.08 | |
| | 1762.4493 | £0.00 | ₩10,574,696.10 | −₩28,628.98 |
| | 1758.3847 | £0.00 | ₩10,550,308.45 | −₩53,016.63 |
| | 1737.5800 | £2.46 | ₩10,421,136.05 | −₩182,189.03 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1782.3990 | – | ₩10,694,393.79 | |
| | 1777.5865 | £0.00 | ₩10,665,518.93 | −₩28,874.86 |
| | 1773.4870 | £0.00 | ₩10,640,921.82 | −₩53,471.97 |
| | 1762.5800 | £2.47 | ₩10,571,073.55 | −₩123,320.24 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1774.3710 | – | ₩10,646,226.01 | |
| | 1771.8200 | £2.50 | ₩10,626,490.45 | −₩19,735.56 |
| | 1769.5802 | £0.00 | ₩10,617,481.20 | −₩28,744.81 |
| | 1765.4991 | £0.00 | ₩10,592,994.88 | −₩53,231.13 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1774.7375 | – | ₩10,648,425.17 | |
| | 1770.7694 | £0.00 | ₩10,624,616.40 | −₩23,808.77 |
| | 1769.9457 | £0.00 | ₩10,619,674.42 | −₩28,750.75 |
| | 1765.8638 | £0.00 | ₩10,595,183.04 | −₩53,242.13 |
| | 1753.9800 | £2.47 | ₩10,519,495.05 | −₩128,930.12 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1774.7375 | – | ₩10,648,425.17 | |
| | 1770.7694 | £0.00 | ₩10,624,616.40 | −₩23,808.77 |
| | 1769.9457 | £0.00 | ₩10,619,674.42 | −₩28,750.75 |
| | 1765.8638 | £0.00 | ₩10,595,183.04 | −₩53,242.13 |
| | 1753.9800 | £2.47 | ₩10,519,495.05 | −₩128,930.12 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1771.8261 | – | ₩10,630,956.60 | |
| | 1767.0422 | £0.00 | ₩10,602,253.02 | −₩28,703.58 |
| | 1762.9670 | £0.00 | ₩10,577,801.82 | −₩53,154.78 |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1769.7620 | – | ₩10,618,572.22 | |
| | 1764.9837 | £0.00 | ₩10,589,902.07 | −₩28,670.15 |
| | 1760.9132 | £0.00 | ₩10,565,479.35 | −₩53,092.87 |
| | 1755.3400 | £2.48 | ₩10,527,651.65 | −₩90,920.57 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1773.6510 | – | ₩10,641,906.22 | |
| | 1768.8622 | £0.00 | ₩10,613,173.07 | −₩28,733.15 |
| | 1764.7828 | £0.00 | ₩10,588,696.68 | −₩53,209.54 |
| | 1757.6800 | £2.48 | ₩10,541,685.80 | −₩100,220.42 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1771.7849 | – | ₩10,630,709.27 | |
| | 1767.0011 | £0.00 | ₩10,602,006.35 | −₩28,702.92 |
| | 1762.9260 | £0.00 | ₩10,577,555.72 | −₩53,153.55 |
| | 1756.4500 | £2.48 | ₩10,534,308.88 | −₩96,400.39 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1774.8263 | – | ₩10,648,957.94 | |
| | 1770.0343 | £0.00 | ₩10,620,205.75 | −₩28,752.19 |
| | 1765.9522 | £0.00 | ₩10,595,713.15 | −₩53,244.79 |
| | 1748.8300 | £2.46 | ₩10,488,607.93 | −₩160,350.01 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1770.1485 | – | ₩10,620,891.25 | |
| | 1765.3691 | £0.00 | ₩10,592,214.85 | −₩28,676.40 |
| | 1761.2978 | £0.00 | ₩10,567,786.80 | −₩53,104.45 |
| | 1753.5800 | £2.48 | ₩10,517,096.05 | −₩103,795.20 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1770.1485 | – | ₩10,620,891.25 | |
| | 1765.3691 | £0.00 | ₩10,592,214.85 | −₩28,676.40 |
| | 1761.2978 | £0.00 | ₩10,567,786.80 | −₩53,104.45 |
| | 1753.5800 | £2.48 | ₩10,517,096.05 | −₩103,795.20 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1768.9453 | – | ₩10,613,671.98 | |
| | 1764.1692 | £0.00 | ₩10,585,015.07 | −₩28,656.91 |
| | 1760.1006 | £0.00 | ₩10,560,603.62 | −₩53,068.36 |
| | 1748.3700 | £2.47 | ₩10,485,849.07 | −₩127,822.91 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1767.3979 | – | ₩10,604,387.58 | |
| | 1762.6260 | £0.00 | ₩10,575,755.73 | −₩28,631.85 |
| | 1758.5609 | £0.00 | ₩10,551,365.64 | −₩53,021.94 |
| | 1744.9200 | £2.47 | ₩10,465,157.70 | −₩139,229.88 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1781.4161 | – | ₩10,688,496.74 | |
| | 1776.6063 | £0.00 | ₩10,659,637.80 | −₩28,858.94 |
| | 1772.5090 | £0.00 | ₩10,635,054.25 | −₩53,442.49 |
| | 1744.0100 | £2.45 | ₩10,459,699.97 | −₩228,796.77 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1779.9423 | – | ₩10,679,653.69 | |
| | 1775.1364 | £0.00 | ₩10,650,818.62 | −₩28,835.07 |
| | 1771.0426 | £0.00 | ₩10,626,255.42 | −₩53,398.27 |
| | 1764.2500 | £2.48 | ₩10,581,089.38 | −₩98,564.31 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1787.2246 | – | ₩10,723,347.74 | |
| | 1782.3991 | £0.00 | ₩10,694,394.71 | −₩28,953.03 |
| | 1778.2885 | £0.00 | ₩10,669,731.01 | −₩53,616.73 |
| | 1772.2000 | £2.48 | ₩10,628,769.50 | −₩94,578.24 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1786.4499 | – | ₩10,718,699.62 | |
| | 1781.6265 | £0.00 | ₩10,689,759.13 | −₩28,940.49 |
| | 1777.5177 | £0.00 | ₩10,665,106.12 | −₩53,593.50 |
| | 1767.6200 | £2.47 | ₩10,601,300.95 | −₩117,398.67 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1786.3833 | – | ₩10,718,299.67 | |
| | 1781.5600 | £0.00 | ₩10,689,360.26 | −₩28,939.41 |
| | 1777.4514 | £0.00 | ₩10,664,708.17 | −₩53,591.50 |
| | 1767.6200 | £2.47 | ₩10,601,300.95 | −₩116,998.72 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1802.3355 | – | ₩10,814,013.28 | |
| | 1802.3100 | £37.33 | ₩10,746,580.00 | −₩67,433.28 |
| | 1768.2800 | £2.45 | ₩10,605,259.30 | −₩208,753.98 |
| | – | – | – | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1801.1395 | – | ₩10,806,837.10 | |
| | 1796.2764 | £0.00 | ₩10,777,658.64 | −₩29,178.46 |
| | 1792.1338 | £0.00 | ₩10,752,802.92 | −₩54,034.18 |
| | 1779.8600 | £2.47 | ₩10,674,710.35 | −₩132,126.75 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1805.2963 | – | ₩10,831,777.60 | |
| | 1800.4220 | £0.00 | ₩10,802,531.80 | −₩29,245.80 |
| | 1796.2698 | £0.00 | ₩10,777,618.71 | −₩54,158.89 |
| | 1791.8800 | £2.48 | ₩10,746,800.30 | −₩84,977.30 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1806.1698 | – | ₩10,837,018.64 | |
| | 1801.2931 | £0.00 | ₩10,807,758.69 | −₩29,259.95 |
| | 1797.1389 | £0.00 | ₩10,782,833.54 | −₩54,185.10 |
| | 1785.0400 | £2.47 | ₩10,705,777.40 | −₩131,241.24 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1816.2977 | – | ₩10,897,786.38 | |
| | 1811.3937 | £0.00 | ₩10,868,362.36 | −₩29,424.02 |
| | 1807.2162 | £0.00 | ₩10,843,297.45 | −₩54,488.93 |
| | 1779.1000 | £2.45 | ₩10,670,152.25 | −₩227,634.13 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1821.6327 | – | ₩10,929,796.27 | |
| | 1816.7143 | £0.00 | ₩10,900,285.82 | −₩29,510.45 |
| | 1812.5245 | £0.00 | ₩10,875,147.28 | −₩54,648.99 |
| | 1788.2600 | £2.45 | ₩10,725,089.35 | −₩204,706.92 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1823.0647 | – | ₩10,938,388.15 | |
| | 1818.1424 | £0.00 | ₩10,908,854.50 | −₩29,533.65 |
| | 1813.9494 | £0.00 | ₩10,883,696.21 | −₩54,691.94 |
| | 1788.2600 | £2.45 | ₩10,725,089.35 | −₩213,298.80 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1809.2915 | – | ₩10,855,748.76 | |
| | 1806.8400 | £2.50 | ₩10,836,522.90 | −₩19,225.86 |
| | 1804.4064 | £0.00 | ₩10,826,438.24 | −₩29,310.52 |
| | 1800.2450 | £0.00 | ₩10,801,470.02 | −₩54,278.74 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1796.2878 | – | ₩10,777,726.74 | |
| | 1796.2600 | £2.50 | ₩10,773,069.35 | −₩4,657.39 |
| | 1791.4378 | £0.00 | ₩10,748,626.88 | −₩29,099.86 |
| | 1787.3064 | £0.00 | ₩10,723,838.11 | −₩53,888.63 |
| Exchange rate | Fee | Recipient gets | Difference |
|---|
| Mid-market rate | 1796.2878 | – | ₩10,777,726.74 | |
|---|---|---|---|---|
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Each line shows what the recipient gets when you send £6,000, after fees, as quoted by each company. The mid-market line shows what £6,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.
The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.
When the blue line goes above the dashed one, you're getting more KRW per GBP than the mid-market rate can offer.
This could be due to money transfer offers, FX rate adjustments, or market competitiveness.
No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of KRW on every transfer from the UK.
Right now, CurrencyFair pays 10,773,069.35 KRW on 6,000 GBP, which is 4,657.39 KRW less than the mid-market amount.
Today's payout isn't the best this month though, since the highest receive amount was 10,908,854.50 KRW.
If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.
Just because a company is the cheapest today doesn't mean it's always the best option for sending money to South Korea.
We've tracked 209 comparisons to check how often today's top companies were the cheapest across 7 amounts over the past month.
Cheapest in 19% of them
Cheapest in 75% of them
Cheapest in 10% of them
Based on 49 comparisons across 7 amounts over the last 7 days.
Cheapest in 6% of them
Cheapest in 85% of them
Cheapest in 7% of them
Based on 209 comparisons across 7 amounts over the last 30 days.
Cheapest in 5% of them
Cheapest in 87% of them
Cheapest in 11% of them
Based on 531 comparisons across 7 amounts over the last 90 days.
Different companies can come out cheapest depending on the day and the amount you send.
To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).
Today CurrencyFair is the cheapest and gets you the most KRW, but it was the cheapest in only 6% of the 201 comparisons it appeared in over the past month.
Regency FX (today's second cheapest) was the cheapest in 85% of its comparisons, so if you send money to South Korea regularly, it's worth comparing it with CurrencyFair before each transfer.
If it's a one-off transfer, go with CurrencyFair, since it's the cheapest right now.
There are many ways to send money to South Korea from the UK, including currency broker, app, online, multi-currency account, global business account, and in person, and more.
For small & frequent transfers
If you send small amounts back home to South Korea, say weekly or monthly, an app like Wise is the easiest and cheapest way to do it.
It charges £37.33 in fees, has -0.05% markup, lets you save recipient details, and KRW will arrive in minutes.
Over the past month, Wise was the cheapest app on 90% of the days it appeared for £6,000 transfers.
For one off transfers
Sending money online is good for occasional medium sized KRW transfers, around £1,000 - £5,000.
Online companies like Wise often have higher limits and/or first time promos.
Of the 7 companies we compared, Wise is the cheapest online service and will get you ₩10,715,991 on a £6,000 transfer.
In our comparisons over the past month, it was the cheapest online service on 27 of the 30 days it quoted.
For large transfers
Currency brokers like CurrencyFair are the best for £10,000+ transfers (things like house deposits, education fees, relocation, etc.).
You get a dedicated account manager to handle your transfer to South Korea, and real human support.
CurrencyFair charges no fees on large transfers, but adds 0% markup on top of the current GBP/KRW rate.
The markup gets better the more GBP you send, so we suggest .
Our analysis shows CurrencyFair was the cheapest broker in 12% of the transfers from £6,000 it quoted.
For spending and receiving
Multi-currency accounts let you hold and spend Wons abroad like a local.
Wise offers the best multi-currency account.
With it, converting £6,000 to KRW will get you ₩10,715,991 after fees.
If you don’t have KRW in your account, your GBP will auto-convert whenever you pay with Wise in South Korea.
Once you have KRW in the account, there are no extra fees from Wise for spending or holding it (local ATM charges may still apply).
Over the past month, it came out cheapest among multi-currency accounts on 100% of days.
For business transfers
Global accounts are for UK businesses making payments overseas.
For suppliers, freelancers, salaries, or invoices in South Korea, companies like Airwallex, WorldFirst, or Payoneer handle batch and recurring payments a consumer app simply can’t.
Pay-in and pay-out methods will affect how much GBP you deposit and how much KRW your recipient gets. Use the table below to see how different options change how much you pay and what they get.
The overall best and cheapest way to send £6,000 to South Korea is via CurrencyFair, using a bank transfer to deposit GBP and bank deposit to receive KRW.
You have 3 pay-in options for transfers to South Korea, including bank transfer, debit card, and credit card.
The cheapest pay-in option is bank transfer.
The fastest option in the UK is almost always bank transfer, since most companies use Open Banking and Faster Payments System (FPS).
The most expensive deposit option is credit card.
Be careful with credit card deposits, since your bank often treats it as a cash advance and will charge interest.
Money can reach South Korea by bank deposit, and each delivery method comes with its own fees.
The cheapest way to receive money in South Korea is with bank deposit on average.
Digital wallets
Your recipient can receive KRW directly into a digital wallet (like PayPal or similar) which usually takes a few minutes to arrive.
You pay £6,000.00
₩10,773,069
Cheapest
You pay £6,000.00
₩10,682,061
-₩91,008
You pay £6,000.00
₩10,678,038
-₩95,031
There are a few nuances you should consider before sending GBP to South Korea such as limits, taxes, and safety.
Right now, these are the best money transfer options for a £6,000 transfer to South Korea:
Cheapest way to send money to South Korea
The cheapest way is to use CurrencyFair, pay in with a bank transfer and withdraw via bank deposit. You will get ₩10,773,069.35, which is 0.23% more than the next best option.
Fastest way to send money to South Korea
The fastest way is to use Revolut via bank transfer deposit and bank deposit for pay out. You get ₩10,652,557 and it will arrive in within minutes.
There is no legal limit and no tax on sending your own money abroad.
Main hard limits come from your bank or money transfer company, often around £10,000 to £25,000 online (which you can usually increase in the app).
Also, the "£10,000 declaration" only applies to physically carrying cash through the border, not online transfers.
And on bigger GBP/KRW transfers (roughly £10,000 up) expect a source-of-funds check, such as a payslip or a statement.
These are anti-money-laundering checks, and they can hold your transfer up, so have the documents ready.
Your cost is the fee plus the exchange-rate margin.
For example, sending £6,000 with CurrencyFair will get you 10,773,069.35 KRW, that’s including £2.50 fee and 0% in exchange rate markup.
There is no UK tax for the act of sending money to South Korea.
And, regular gifts from your normal income are free of inheritance tax straight away, with no cap and no seven-year wait, as long as you can still cover your usual living costs.
Only ever use a provider authorised by the FCA, which you can check on the FCA register in under a minute.
The rules in place for any scams cover domestic pound transfers only, on a transfer abroad you're less protected.
Always confirm who you're really sending to before you send, because there's little recourse after.
For more information, check our guide to money transfer regulations in the UK.
We track 7 regulated companies offering money transfers from the UK to South Korea in real time.
We analyse the fees, exchange rates, deposit/withdrawal methods, and each goes through our internal review.
Most GBP/KRW pricing data comes directly from the providers. We collect the rest manually, run it through our comparison engine and label it in the table.
In the past 30 days alone, we analysed 209 comparisons across 7 amounts.
This page covers the cheapest and fastest options for GBP/KRW transfers. This is how we pick them:
Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.
More on how we work:
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
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