Regency FX is the cheapest right now for transfers from Italy. Using a bank transfer deposit into a bank deposit will get you 10,386,425.14 KRW in South Korea.
For speed, Revolut is fastest, with delivery in within minutes.
| 7 of 7 providers Last updated on 28 October 2026 | |||
| Based on 7,000 EUR transfer Best companies for EUR/KRW transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee €51.52 1 EUR = 1487.8300 KRW 0.00% vs mid-market | Recipient gets ₩10,338,157.00 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 €51.521 EUR = 1487.8300 KRW ₩10,338,157.00You pay€7,000.00 | |||
| Promoted  Xe Pay via Debit card | Fee €0.00 1 EUR = 1466.0514 KRW +1.47% vs mid-market | Recipient gets ₩10,262,359.80 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 EUR = 1466.0514 KRW ₩10,262,359.80You pay€7,000.00 | |||
Run a live search Showing top Italy to South Korea deals for 7,000 EUR. 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 EUR 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 EUR you're planning to spend in South Korea. | |||
Run a live search These are managed services with real human support for large EUR transfers. Click the link and update the transfer amount to get the best deal. | |||
| Exclusive: First Transfer Deal  Regency FX Pay via Bank transfer | Fee €0.00 1 EUR = 1483.7750 KRW +0.27% vs mid-market | Recipient gets ₩10,386,425.14 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 EUR = 1483.7750 KRW ₩10,386,425.14You pay€7,000.00 | |||
 OFX Pay via Bank transfer | Fee €0.00 1 EUR = 1480.3531 KRW +0.50% vs mid-market | Recipient gets ₩10,362,471.69 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 EUR = 1480.3531 KRW ₩10,362,471.69You pay€7,000.00 | |||
| Wise Pay via Bank transfer | Fee €51.52 1 EUR = 1487.8300 KRW 0.00% vs mid-market | Recipient gets ₩10,338,157.00 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 €51.521 EUR = 1487.8300 KRW ₩10,338,157.00You pay€7,000.00 | |||
| Wise Pay via iDEAL | Fee €61.61 1 EUR = 1487.8300 KRW 0.00% vs mid-market | Recipient gets ₩10,323,145.00 Within minutes | |
Ways to receive money in South Korea with Wise when paying by ideal. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €61.611 EUR = 1487.8300 KRW ₩10,323,145.00You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee €61.25 1 EUR = 1481.0193 KRW +0.46% vs mid-market | Recipient gets ₩10,276,422.00 Within minutes | |
Ways to receive money in South Korea with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes €61.251 EUR = 1481.0193 KRW ₩10,276,422.00You pay€7,000.00 | |||
| 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. | |||
| Xe Pay via Debit card | Fee €0.00 1 EUR = 1466.0514 KRW +1.47% vs mid-market | Recipient gets ₩10,262,359.80 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 EUR = 1466.0514 KRW ₩10,262,359.80You pay€7,000.00 | |||
| Xe Pay via Bank transfer | Fee €0.00 1 EUR = 1466.0514 KRW +1.47% vs mid-market | Recipient gets ₩10,262,359.80 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 EUR = 1466.0514 KRW ₩10,262,359.80You pay€7,000.00 | |||
| Xe Pay via Credit card | Fee €0.00 1 EUR = 1466.0514 KRW +1.47% vs mid-market | Recipient gets ₩10,262,359.80 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 EUR = 1466.0514 KRW ₩10,262,359.80You pay€7,000.00 | |||
| Wise Pay via Debit card | Fee €106.27 1 EUR = 1487.8300 KRW 0.00% vs mid-market | Recipient gets ₩10,256,698.00 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 €106.271 EUR = 1487.8300 KRW ₩10,256,698.00You pay€7,000.00 | |||
 CurrencyFair Pay via Bank transfer | Fee €2.94 1 EUR = 1458.9500 KRW +1.96% vs mid-market | Recipient gets ₩10,208,273.15 Minutes - 24 hours | |
Ways to receive money in South Korea with CurrencyFair when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours €2.941 EUR = 1458.9500 KRW ₩10,208,273.15You pay€7,000.00 | |||
| Wise Pay via Credit card | Fee €148.12 1 EUR = 1487.8300 KRW 0.00% vs mid-market | Recipient gets ₩10,194,433.00 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 €148.121 EUR = 1487.8300 KRW ₩10,194,433.00You pay€7,000.00 | |||
| $0 fee on first online transfers  MoneyGram Pay via Debit card | Fee €0.99 1 EUR = 1456.0020 KRW +2.16% vs mid-market | Recipient gets ₩10,192,014.00 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 €0.991 EUR = 1456.0020 KRW ₩10,192,014.00You pay€7,000.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit card | Fee €0.99 1 EUR = 1456.0020 KRW +2.16% vs mid-market | Recipient gets ₩10,192,014.00 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 €0.991 EUR = 1456.0020 KRW ₩10,192,014.00You pay€7,000.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Bank transfer | Fee €0.99 1 EUR = 1456.0020 KRW +2.16% vs mid-market | Recipient gets ₩10,192,014.00 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 €0.991 EUR = 1456.0020 KRW ₩10,192,014.00You pay€7,000.99 | |||
| How Our Results Work Mid-market rate: 1 EUR = 1487.7921 KRW Updates every 60 minutes. | |||
Transfer details
For a one-off EUR transfer to South Korea, I suggest picking the cheapest option which is Regency FX.
Regency FX was the cheapest on 25 of the 29 days it quoted €7,000 transfers to South Korea.
On a 7,000 EUR transfer, Regency FX delivers the most KRW.
The best option will change depending on how much you actually send, so I suggest to get the best EUR/KRW rate.
You have 4 ways to fund your transfer: bank transfer, debit card, credit card, and iDEAL.
Sending money to South Korea directly with SEPA is expensive, but it's a cheap and quick way to fund your money transfer account.
You can also use a debit card to fund the transfer, including the Postepay card.
First time round you'll need your codice fiscale and a photo ID to verify your account.
How much EUR 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 Regency FX was the cheapest in 86% of the transfers from €5,000 it quoted, and in 86% of all the transfers it quoted.
| Cheapest service | |||||
|---|---|---|---|---|---|
| €500 | 0.55% | €0.00 | ₩740,727.96with debit card to bank deposit | +₩7,081.33 | |
| €1,000 | 0.38% | €0.00 | ₩1,482,104.40with bank transfer to bank deposit | +₩15,293.26 | |
| €2,000 | 0.65% | €0.00 | ₩2,956,111.87with bank transfer to bank deposit | +₩23,910.40 | |
| €5,000 | 0.50% | €0.00 | ₩7,418,191.51with bank transfer to bank deposit | +₩92,710.27 | |
| €7,000This page | 0.27% | €0.00 | ₩10,386,425.14with bank transfer to bank deposit | +₩121,486.11 |
Mid-market rate: 1 EUR = 1487.7921 KRW
The cheapest way to send EUR 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 Regency FX), across 30 days of comparisons for 7,000 EUR transfers to South Korea.
Wed, 28 Oct 2026Mid-market rate₩10,414,544.41 Regency FX ₩10,386,425.14Regency FX₩10,386,425.14OFX₩10,362,471.69Wise₩10,338,157.00
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1540.8096 | – | ₩10,785,667.01 | |
| | 1536.6494 | €0.00 | ₩10,756,545.71 | −₩29,121.30 |
| | 1533.1055 | €0.00 | ₩10,731,738.68 | −₩53,928.33 |
| | 1540.6600 | €51.52 | ₩10,705,245.00 | −₩80,422.01 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1534.7062 | – | ₩10,742,943.55 | |
| | 1530.5625 | €0.00 | ₩10,713,937.61 | −₩29,005.94 |
| | 1527.0327 | €0.00 | ₩10,689,228.84 | −₩53,714.71 |
| | 1534.9500 | €51.52 | ₩10,665,569.00 | −₩77,374.55 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1539.8748 | – | ₩10,779,123.66 | |
| | 1535.7171 | €0.00 | ₩10,750,020.02 | −₩29,103.64 |
| | 1532.1754 | €0.00 | ₩10,725,228.04 | −₩53,895.62 |
| | 1540.1000 | €51.52 | ₩10,701,354.00 | −₩77,769.66 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1517.1112 | – | ₩10,619,778.10 | |
| | 1515.8600 | €3.00 | ₩10,606,472.42 | −₩13,305.68 |
| | 1513.0150 | €0.00 | ₩10,591,104.70 | −₩28,673.40 |
| | 1509.5256 | €0.00 | ₩10,566,679.21 | −₩53,098.89 |
| | 1517.5200 | €51.52 | ₩10,544,457.00 | −₩75,321.10 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1513.2291 | – | ₩10,592,603.55 | |
| | 1509.5718 | €0.00 | ₩10,567,002.60 | −₩25,600.95 |
| | 1509.1434 | €0.00 | ₩10,564,003.52 | −₩28,600.03 |
| | 1505.6629 | €0.00 | ₩10,539,640.54 | −₩52,963.01 |
| | 1510.7400 | €51.52 | ₩10,497,347.00 | −₩95,256.55 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1512.3456 | – | ₩10,586,419.25 | |
| | 1509.5718 | €0.00 | ₩10,567,002.60 | −₩19,416.65 |
| | 1508.2623 | €0.00 | ₩10,557,835.92 | −₩28,583.33 |
| | 1504.7839 | €0.00 | ₩10,533,487.15 | −₩52,932.10 |
| | 1510.7400 | €51.52 | ₩10,497,347.00 | −₩89,072.25 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1505.5037 | – | ₩10,538,525.82 | |
| | 1501.4388 | €0.00 | ₩10,510,071.80 | −₩28,454.02 |
| | 1497.9762 | €0.00 | ₩10,485,833.19 | −₩52,692.63 |
| | 1506.1400 | €51.52 | ₩10,465,384.00 | −₩73,141.82 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1506.4734 | – | ₩10,545,313.65 | |
| | 1502.4059 | €0.00 | ₩10,516,841.30 | −₩28,472.35 |
| | 1498.9410 | €0.00 | ₩10,492,587.08 | −₩52,726.57 |
| | 1506.6000 | €51.52 | ₩10,468,580.00 | −₩76,733.65 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1499.2155 | – | ₩10,494,508.33 | |
| | 1495.1676 | €0.00 | ₩10,466,173.15 | −₩28,335.17 |
| | 1491.7194 | €0.00 | ₩10,442,035.78 | −₩52,472.54 |
| | 1499.4200 | €51.52 | ₩10,418,690.00 | −₩75,818.32 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1500.0221 | – | ₩10,500,154.75 | |
| | 1495.9720 | €0.00 | ₩10,471,804.33 | −₩28,350.42 |
| | 1492.5220 | €0.00 | ₩10,447,653.98 | −₩52,500.77 |
| | 1500.2000 | €51.52 | ₩10,424,110.00 | −₩76,044.75 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1505.8950 | – | ₩10,541,265.06 | |
| | 1501.8291 | €0.00 | ₩10,512,803.65 | −₩28,461.41 |
| | 1498.3655 | €0.00 | ₩10,488,558.74 | −₩52,706.32 |
| | 1506.3100 | €51.52 | ₩10,466,565.00 | −₩74,700.06 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1502.3801 | – | ₩10,516,660.55 | |
| | 1498.3237 | €0.00 | ₩10,488,265.56 | −₩28,394.99 |
| | 1494.8682 | €0.00 | ₩10,464,077.24 | −₩52,583.31 |
| | 1501.4300 | €51.52 | ₩10,432,656.00 | −₩84,004.55 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1501.8871 | – | ₩10,513,209.58 | |
| | 1497.8320 | €0.00 | ₩10,484,823.92 | −₩28,385.66 |
| | 1494.3776 | €0.00 | ₩10,460,643.53 | −₩52,566.05 |
| | 1501.4300 | €51.52 | ₩10,432,656.00 | −₩80,553.58 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1493.4250 | – | ₩10,453,975.34 | |
| | 1489.3928 | €0.00 | ₩10,425,749.61 | −₩28,225.73 |
| | 1485.9579 | €0.00 | ₩10,401,705.47 | −₩52,269.87 |
| | 1494.0100 | €51.52 | ₩10,381,099.00 | −₩72,876.34 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1498.8521 | – | ₩10,491,964.42 | |
| | 1494.8052 | €0.00 | ₩10,463,636.12 | −₩28,328.30 |
| | 1491.3578 | €0.00 | ₩10,439,504.60 | −₩52,459.82 |
| | 1498.6800 | €51.52 | ₩10,413,548.00 | −₩78,416.42 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1495.2147 | – | ₩10,466,503.20 | |
 | 1488.3720 | €0.00 | ₩10,418,604.04 | −₩47,899.16 |
| | 1495.1900 | €51.52 | ₩10,389,298.00 | −₩77,205.20 |
| | – | – | – | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1505.1634 | – | ₩10,536,143.62 | |
| | 1501.0994 | €0.00 | ₩10,507,696.03 | −₩28,447.59 |
| | 1497.6376 | €0.00 | ₩10,483,462.90 | −₩52,680.72 |
| | 1505.6800 | €51.52 | ₩10,462,187.00 | −₩73,956.62 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1498.1795 | – | ₩10,487,256.37 | |
| | 1495.0300 | €2.99 | ₩10,460,724.91 | −₩26,531.46 |
| | 1494.1344 | €0.00 | ₩10,458,940.77 | −₩28,315.60 |
| | 1490.6886 | €0.00 | ₩10,434,820.09 | −₩52,436.28 |
| | 1498.0400 | €51.52 | ₩10,409,101.00 | −₩78,155.37 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1499.8699 | – | ₩10,499,089.35 | |
| | 1495.8203 | €0.00 | ₩10,470,741.81 | −₩28,347.54 |
| | 1492.3706 | €0.00 | ₩10,446,593.90 | −₩52,495.45 |
| | 1499.5000 | €51.52 | ₩10,419,246.00 | −₩79,843.35 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1499.8699 | – | ₩10,499,089.35 | |
| | 1495.8203 | €0.00 | ₩10,470,741.81 | −₩28,347.54 |
| | 1492.3706 | €0.00 | ₩10,446,593.90 | −₩52,495.45 |
| | 1499.5000 | €51.52 | ₩10,419,246.00 | −₩79,843.35 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1490.1797 | – | ₩10,431,258.10 | |
| | 1486.1562 | €0.00 | ₩10,403,093.71 | −₩28,164.39 |
| | 1482.7288 | €0.00 | ₩10,379,101.81 | −₩52,156.29 |
| | 1490.7400 | €51.52 | ₩10,358,377.00 | −₩72,881.10 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1489.8084 | – | ₩10,428,659.06 | |
| | 1485.7860 | €0.00 | ₩10,400,501.68 | −₩28,157.38 |
| | 1482.3594 | €0.00 | ₩10,376,515.76 | −₩52,143.30 |
| | 1489.8100 | €51.52 | ₩10,351,915.00 | −₩76,744.06 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1486.3781 | – | ₩10,404,646.64 | |
| | 1482.3649 | €0.00 | ₩10,376,554.10 | −₩28,092.54 |
| | 1478.9462 | €0.00 | ₩10,352,623.41 | −₩52,023.23 |
| | 1486.4700 | €51.52 | ₩10,328,707.00 | −₩75,939.64 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1484.8103 | – | ₩10,393,671.92 | |
| | 1480.8013 | €0.00 | ₩10,365,609.00 | −₩28,062.92 |
| | 1477.3862 | €0.00 | ₩10,341,703.56 | −₩51,968.36 |
| | 1484.8500 | €51.52 | ₩10,317,451.00 | −₩76,220.92 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1484.7099 | – | ₩10,392,969.03 | |
| | 1480.7011 | €0.00 | ₩10,364,908.02 | −₩28,061.01 |
| | 1477.2863 | €0.00 | ₩10,341,004.19 | −₩51,964.84 |
| | 1485.2100 | €51.52 | ₩10,319,952.00 | −₩73,017.03 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1482.6581 | – | ₩10,378,606.81 | |
| | 1478.6549 | €0.00 | ₩10,350,584.57 | −₩28,022.23 |
| | 1475.2448 | €0.00 | ₩10,326,713.77 | −₩51,893.04 |
| | 1482.7500 | €51.52 | ₩10,302,859.00 | −₩75,747.80 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1482.6581 | – | ₩10,378,606.81 | |
| | 1478.6549 | €0.00 | ₩10,350,584.57 | −₩28,022.23 |
| | 1475.2448 | €0.00 | ₩10,326,713.77 | −₩51,893.04 |
| | 1482.7500 | €51.52 | ₩10,302,859.00 | −₩75,747.80 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1484.3383 | – | ₩10,390,368.06 | |
| | 1480.3306 | €0.00 | ₩10,362,314.06 | −₩28,054.00 |
| | 1476.9166 | €0.00 | ₩10,338,416.22 | −₩51,951.84 |
| | 1484.2200 | €51.52 | ₩10,313,073.00 | −₩77,295.06 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1479.7110 | – | ₩10,357,977.11 | |
| | 1475.7158 | €0.00 | ₩10,330,010.57 | −₩27,966.54 |
| | 1472.3125 | €0.00 | ₩10,306,187.23 | −₩51,789.88 |
| | 1479.6100 | €51.52 | ₩10,281,040.00 | −₩76,937.11 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 1487.7921 | – | ₩10,414,544.41 | |
| | 1483.7750 | €0.00 | ₩10,386,425.14 | −₩28,119.27 |
| | 1480.3531 | €0.00 | ₩10,362,471.69 | −₩52,072.72 |
| | 1487.8300 | €51.52 | ₩10,338,157.00 | −₩76,387.41 |
| Exchange rate | Fee | Recipient gets | Difference |
|---|
| Mid-market rate | 1487.7921 | – | ₩10,414,544.41 | |
|---|---|---|---|---|
| | ||||
| | ||||
| | ||||
| | ||||
 | ||||
| | ||||
| |
Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 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 EUR 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 Italy.
Right now, Regency FX pays 10,386,425.14 KRW on 7,000 EUR, which is 28,119.27 KRW less than the mid-market amount.
Today's payout isn't the best this month though, since the highest receive amount was 10,756,545.71 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 94 comparisons to check how often today's top companies were the cheapest across 5 amounts over the past month.
Cheapest every time
Cheapest in 45% of them
Cheapest in 3% of them
Based on 35 comparisons across 5 amounts over the last 7 days.
Cheapest in 86% of them
Cheapest in 34% of them
Cheapest in 1% of them
Based on 94 comparisons across 5 amounts over the last 30 days.
Cheapest in 89% of them
Cheapest in 21% of them
Cheapest in 1% of them
Based on 142 comparisons across 5 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 Regency FX is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.
OFX (today's second cheapest) was the cheapest in only 34% of its comparisons, so it's rarely the cheapest option for transfers to South Korea.
7 companies send money from Italy to South Korea. You can send EUR via broker, app, online, multi-currency account, global account, and in person, and more below.
Regular transfers
For the regular transfer home, an app like Wise is the easiest and most convenient option.
Over the past month, Wise was the cheapest app on 77% of the days it appeared for €7,000 transfers.
Wise charges €51.52 on a €7,000 transfer, and 10,338,157 KRW lands in within minutes.
For one-off transfers
Outside the euro transfers, a bank transfer passes through intermediary banks, and each one can take a cut along the way.
Online services skip this and use their own network (it’s much cheaper).
Wise delivers 10,338,157 KRW on €7,000 with a €51.52 fee and 0% markup.
In our comparisons over the past month, it was the cheapest online service on 23 of the 30 days it quoted.
Sending large sums
Managed services charge no fees and work on margin instead, and the more you send to South Korea, the better rate you will get.
Regency FX charges no fee and adds 0.27% on EUR/KRW rate.
Our analysis shows Regency FX was the cheapest broker in 86% of the transfers from €5,000 it quoted.
Travelling and receiving
If you travel to South Korea often, or receive payments from there, this is the best option.
Multi-currency accounts let you hold EUR and KRW in one account, and give you local details.
I suggest trying Wise.
Over the past month, it came out cheapest among multi-currency accounts on 100% of days.
It holds EUR and KRW balances and charges small fees to convert between them.
For business payments
Global accounts are for businesses and freelancers with a partita IVA, paying suppliers abroad, invoicing foreign clients, holding a few currencies.
A few good options are Wise Business, Airwallex, and Payoneer.
With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending €7,000 gives your recipient 10,386,425.14 KRW.
In Italy, you can pay by bank transfer, debit card, credit card, and iDEAL.
Satispay and Bancomat Pay are mainly domestic payment methods, they do not send KRW to South Korea by themselves.
In South Korea, the recipient can use bank deposit.
You pay €7,000.00
₩10,386,425
Cheapest
You pay €7,000.00
₩10,323,145
-₩63,280
You pay €7,000.00
₩10,262,360
-₩124,065
You pay €7,000.00
₩10,262,360
-₩124,065
For a transfer from Italy, compare the amount received first. Then check whether you are making a SEPA payment, an extra-SEPA transfer or a cash-agent remittance, because each works differently.
These are the leading options for a €7,000 transfer to South Korea.
Cheapest way to send money to South Korea
The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 10,386,425.14 KRW, which is 0.23% more than the next best option.
Fastest way to send money to South Korea
The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 10,276,422 KRW, with the money arriving in within minutes.
A bonifico can move euros from your Italian bank to the transfer company through SEPA.
Companies like Regency FX then convert the money into KRW and pay your recipient in South Korea through a local bank, a wallet, or a cash-pickup network.
SEPA may fund the transfer quickly, but the delivery time depends on the local payout method.
In Italy, the term "money transfer" often means a cash-agent shop rather than an online bank transfer.
The Banca d'Italia confirms that money remittance must be provided by a bank, electronic money institution or authorised payment institution.
Their Italian agents must appear in the OAM register.
Italian banks and transfer companies can pause a large, unusual or poorly explained payment while they check its purpose and source.
Use a clear causale and keep the document that explains the money ready.
For property proceeds, tuition or moving savings, tell the bank before the transfer is due.
If a payment-service complaint is not resolved directly, the Arbitro Bancario Finanziario is the Italian financial ombudsman route.
Every company here is registered with Banca d'Italia or passported in from elsewhere in the EU.
We track 7 of them on EUR to South Korea, comparing rates, fees and the ways to pay in and collect, updated in real time on live comparisons.
In the past 30 days alone, we analysed 94 comparisons across 5 amounts.
This page covers the cheapest and fastest options for EUR/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.
Nothing appears without passing our review.
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
Advanced filters
Advanced filters
Tailor this money transfer comparison to your needs.
Show companies that support specific transfer features.
Only show providers with user feedback and reviews.
Hide selected providers from the EUR/KRW comparison.
Search Now & Save On Your Transfer
Instantly view live exchange rates, fees & features.
Please share your experience with …