How to send money to South Korea from Netherlands with the best EUR-KRW rate

Revolut is the fastest way to send money to South Korea right now, with delivery in within minutes.

For the cheapest option, sending €7,000 with CurrencyFair will get you 10,778,318.74 KRW.

Best companies for EUR/KRW transfers

6 of 6 providers

Last updated on 26 September 2026

Based on 7,000 EUR transfer

Best companies for EUR/KRW transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €51.52 1 EUR = 1543.5700 KRW -0.06% vs mid-market Recipient gets ₩10,725,465.00 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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 = 1543.5700 KRW
₩10,725,465.00You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 1536.4107 KRW +0.40% vs mid-market Recipient gets ₩10,754,874.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in South Korea with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1536.4107 KRW
₩10,754,874.90You pay€7,000.00

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Showing top Netherlands to South Korea deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.

CurrencyFair

Pay via Bank transfer
Fee €3.00 1 EUR = 1540.4200 KRW +0.14% vs mid-market Recipient gets ₩10,778,318.74 Minutes - 24 hours
Cheapest
Receive to bank account

Ways to receive money in South Korea with CurrencyFair when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
€3.001 EUR = 1540.4200 KRW
₩10,778,318.74You pay€7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 1538.4075 KRW +0.27% vs mid-market Recipient gets ₩10,768,852.20 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in South Korea with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1538.4075 KRW
₩10,768,852.20You pay€7,000.00

Xe

Pay via Debit card
Fee €0.00 1 EUR = 1536.4107 KRW +0.40% vs mid-market Recipient gets ₩10,754,874.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in South Korea with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1536.4107 KRW
₩10,754,874.90You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 1536.4107 KRW +0.40% vs mid-market Recipient gets ₩10,754,874.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in South Korea with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1536.4107 KRW
₩10,754,874.90You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 1536.4107 KRW +0.40% vs mid-market Recipient gets ₩10,754,874.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in South Korea with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1536.4107 KRW
₩10,754,874.90You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 1534.8595 KRW +0.50% vs mid-market Recipient gets ₩10,744,016.79 Minutes - 24 hours
Personal account managerReceive to bank account

Ways to receive money in South Korea with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1534.8595 KRW
₩10,744,016.79You pay€7,000.00

Wise

Pay via Bank transfer
Fee €51.52 1 EUR = 1543.5700 KRW -0.06% vs mid-market Recipient gets ₩10,725,465.00 Within minutes
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

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 = 1543.5700 KRW
₩10,725,465.00You pay€7,000.00

Wise

Pay via iDEAL/WERO
Fee €61.61 1 EUR = 1543.5700 KRW -0.06% vs mid-market Recipient gets ₩10,709,891.00 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in South Korea with Wise when paying by ideal/wero.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€61.611 EUR = 1543.5700 KRW
₩10,709,891.00You pay€7,000.00

Wise

Pay via Debit card
Fee €106.27 1 EUR = 1543.5700 KRW -0.06% vs mid-market Recipient gets ₩10,640,955.00 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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 = 1543.5700 KRW
₩10,640,955.00You pay€7,000.00

Wise

Pay via Credit card
Fee €148.12 1 EUR = 1543.5700 KRW -0.06% vs mid-market Recipient gets ₩10,576,356.00 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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 = 1543.5700 KRW
₩10,576,356.00You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €140.50 1 EUR = 1533.9428 KRW +0.56% vs mid-market Recipient gets ₩10,522,080.00 Within minutes
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in South Korea with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€140.501 EUR = 1533.9428 KRW
₩10,522,080.00You 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.

How Our Results Work
Mid-market rate: 1 EUR = 1542.5724 KRW Updates every 60 minutes.

How to send money from Netherlands to South Korea

Pick a company

For a one-off transfer to South Korea, I suggest picking the cheapest option which is CurrencyFair.

On a 7,000 EUR 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 EUR/KRW rate.

Fund your transfer

There are 4 ways fund your transfer, including bank transfer, debit card, credit card, and ideal.

Most common way is to fund your account with iDEAL (Wero)

Verify and send

First time round you'll need a photo ID and a BSN.

On a first transfer to someone new, send a small amount and check it landed.

Ways to send money from the Netherlands to South Korea

6 companies send money from the Netherlands to South Korea, across broker, app, online, multi-currency account, and global account, and more.

For one-off transfers

Online transfers

Sending money to South Korea online is simple.

Pick South Korea, enter the amount, and pay with iDEAL (Wero) or bank transfer depending who you use.

Xe is the cheapest online option, sending €7,000 gets you 10,754,874.9 KRW with a €0 fee and 0.4% markup.

Frequent transfers abroad

Money transfer apps

For the regular transfer to South Korea, apps are the easiest.

Xe charges €0 in fees on a €7,000 transfer with 0.4% markup and gets you 10,754,874.9 KRW.

You can pay for you transfer via broker, app, online, multi-currency account, and global account but you can’t use Tikkie for deposits.

For large EUR transfers

Currency brokers

Currency brokers are the best for large transfers from Netherlands.

They handle the transfer for you, charge no fees, but add a markup on top of KRW rate.

For a property abroad or moving your savings, a broker like CurrencyFair is the best option.

Holding, travelling, and receiving

Multi-currency accounts

These let you hold EUR and KRW in one account.

This is handy for receiving payments, spending KRW and EUR, or travelling to South Korea.

Wise is the cheapest multi-currency account.

It converts €7,000 at -0.06% markup plus €51.52 fee and holds the KRW until you send or spend it.

For ZZP'ers

Global accounts

Global accounts offer business tool and business transfers from the Netherlands.

Companies like Wise Business, Airwallex, or Payoneer offer batch payments, invoicing, admin tools, and more.

Ways to fund EUR and receive KRW in South Korea

With CurrencyFair, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending €7,000 gives your recipient 10,778,318.74 KRW.

In South Korea, the recipient can collect KRW through bank deposit.

You can deposit EUR using bank transfer, debit card, credit card, and ideal.

Paying through iDEAL (Wero)

Choose iDEAL (Wero) during the transfer, select your Dutch bank and approve the pre-filled payment.

This funds your balance without entering the company's account details manually.

To find the company with the best EUR/KRW rate offering iDEAL (Wero), use our deposit filter above.

  1. 1
    Bank transfer Bank deposit

    You pay €7,000.00

    ₩10,778,319

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay €7,000.00

    ₩10,754,875

    -₩23,444

  3. 3
    Credit card Bank deposit

    You pay €7,000.00

    ₩10,754,875

    -₩23,444

  4. 4
    Ideal Bank deposit

    You pay €7,000.00

    ₩10,709,891

    -₩68,428

Consider this when sending money from Netherlands to South Korea

A few things to consider before sending money from Netherlands to South Korea.

Compare your transfer options

Cheapest way to send money to South Korea

The cheapest option for ₩10,778,318.74 is CurrencyFair, funded through bank transfer with bank deposit for the payout. Your recipient gets 10,778,318.74 KRW, which is 0.09% 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 in South Korea. Your recipient gets 10,522,080 KRW in within minutes.

iDEAL is becoming Wero

iDEAL remains the normal way to approve an online payment from a Dutch bank account.

Since 2026, the name and payment experience have been moving to Wero in stages.

Sending gifts can trigger Dutch gift tax

Dutch rules treat a gift to someone abroad in the same way as a gift to someone in the Netherlands.

For 2026, the annual exemption is €6,908 when parents give to a child and €2,769 for most other recipients.

The recipient normally files the return if the total from the same donor exceeds the exemption.

The Belastingdienst explains gifts abroad and publishes the current exemptions.

Regularly paying a genuine shared expense is not automatically the same as making a gift, but keep records showing what the payment covered.

Live EUR-KRW Exchange Rate

Finding the best rate to send money from Netherlands to South Korea

The EUR/KRW rate can move quickly, so recent highs and lows help put the current quote into context.

Mid-market rate:1 EUR = 1,543.648431 KRW

How we analyse the market

We track 6 companies sending EUR to South Korea, all registered with De Nederlandsche Bank or passported in, and the rates update in real time on live searches.

We compare fees, exchange rates and how the money can be paid in and collected.

Each company goes through our review before it appears here.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.