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 Regency FX will get you 10,385,361.74 KRW.

Best companies for EUR/KRW transfers

6 of 6 providers

Last updated on 28 October 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 = 1487.5800 KRW 0.00% vs mid-market Recipient gets ₩10,336,420.00 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 = 1487.5800 KRW
₩10,336,420.00You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 1466.0514 KRW +1.46% vs mid-market Recipient gets ₩10,262,359.80 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 = 1466.0514 KRW
₩10,262,359.80You pay€7,000.00

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Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 1483.6231 KRW +0.27% vs mid-market Recipient gets ₩10,385,361.74 Minutes - 24 hours
Cheapest
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 = 1483.6231 KRW
₩10,385,361.74You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 1480.2015 KRW +0.50% vs mid-market Recipient gets ₩10,361,410.74 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 = 1480.2015 KRW
₩10,361,410.74You pay€7,000.00

Wise

Pay via Bank transfer
Fee €51.52 1 EUR = 1487.5800 KRW 0.00% vs mid-market Recipient gets ₩10,336,420.00 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 = 1487.5800 KRW
₩10,336,420.00You pay€7,000.00

Wise

Pay via iDEAL
Fee €61.61 1 EUR = 1487.5800 KRW 0.00% vs mid-market Recipient gets ₩10,321,410.00 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.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€61.611 EUR = 1487.5800 KRW
₩10,321,410.00You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €61.25 1 EUR = 1481.1048 KRW +0.44% vs mid-market Recipient gets ₩10,277,016.00 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
€61.251 EUR = 1481.1048 KRW
₩10,277,016.00You 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 +1.46% vs mid-market Recipient gets ₩10,262,359.80 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 = 1466.0514 KRW
₩10,262,359.80You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 1466.0514 KRW +1.46% vs mid-market Recipient gets ₩10,262,359.80 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 = 1466.0514 KRW
₩10,262,359.80You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 1466.0514 KRW +1.46% vs mid-market Recipient gets ₩10,262,359.80 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 = 1466.0514 KRW
₩10,262,359.80You pay€7,000.00

Wise

Pay via Debit card
Fee €106.27 1 EUR = 1487.5800 KRW 0.00% vs mid-market Recipient gets ₩10,254,975.00 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 = 1487.5800 KRW
₩10,254,975.00You pay€7,000.00

CurrencyFair

Pay via Bank transfer
Fee €2.94 1 EUR = 1458.9500 KRW +1.95% vs mid-market Recipient gets ₩10,208,273.15 Minutes - 24 hours
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
€2.941 EUR = 1458.9500 KRW
₩10,208,273.15You pay€7,000.00

Wise

Pay via Credit card
Fee €148.12 1 EUR = 1487.5800 KRW 0.00% vs mid-market Recipient gets ₩10,192,720.00 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 = 1487.5800 KRW
₩10,192,720.00You pay€7,000.00
How Our Results Work
Mid-market rate: 1 EUR = 1487.6397 KRW Updates every 60 minutes.

How to send money from Netherlands to South Korea

Pick a company

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 24 of the 27 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.

Fund your transfer

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

The 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.

Compare amounts

How much EUR are you sending to South Korea?

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 89% of the transfers from €5,000 it quoted, and in 89% of all the transfers it quoted.

Cheapest service
€5000.49%€0.00₩741,381.52with debit card to bank deposit+₩6,249.26
€1,0000.42%€1.25₩1,481,916.00with bank transfer to bank deposit+₩12,696.21
€2,0000.65%€0.00₩2,956,060.08with bank transfer to bank deposit+₩21,189.12
€5,0000.50%€0.00₩7,400,060.20with bank transfer to bank deposit+₩67,655.27
€7,000This page0.27%€0.00₩10,385,361.74with bank transfer to bank deposit+₩101,301.19

Mid-market rate: 1 EUR = 1487.6397 KRW

EUR/KRW Exchange Rate History

Is today a good time to send money from Netherlands to South Korea?

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.

KRW received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rate₩10,413,478.13 Regency FX ₩10,385,361.74Regency FX₩10,385,361.74OFX₩10,361,410.74Wise₩10,336,420.00

10,2M
10,3M
10,4M
10,5M
10,6M
10,7M
10,8M
10,9M
At the mid-market rateWith the cheapest optionRegency FXOFXWise
Exchange rateFeeRecipient getsDifference
Mid-market rate 1540.5202 – ₩10,783,641.13
Regency FX Cheapest 1536.3608 €0.00 ₩10,754,525.30 −₩29,115.83
OFX 1532.8176 €0.00 ₩10,729,722.93 −₩53,918.20
Wise 1540.5000 €51.52 ₩10,704,133.00 −₩79,508.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 1533.5514 – ₩10,734,859.95
Regency FX Cheapest 1529.4108 €0.00 ₩10,705,875.83 −₩28,984.12
OFX 1525.8837 €0.00 ₩10,681,185.65 −₩53,674.30
Wise 1533.9400 €51.52 ₩10,658,551.00 −₩76,308.95
Exchange rateFeeRecipient getsDifference
Mid-market rate 1540.5112 – ₩10,783,578.23
Regency FX Cheapest 1536.3518 €0.00 ₩10,754,462.56 −₩29,115.67
OFX 1532.8086 €0.00 ₩10,729,660.33 −₩53,917.90
Wise 1540.6500 €51.52 ₩10,705,176.00 −₩78,402.23
Exchange rateFeeRecipient getsDifference
Mid-market rate 1515.9441 – ₩10,611,608.45
CurrencyFair Cheapest 1515.8600 €3.00 ₩10,606,472.42 −₩5,136.03
Regency FX 1511.8510 €0.00 ₩10,582,957.11 −₩28,651.34
OFX 1508.3643 €0.00 ₩10,558,550.41 −₩53,058.04
Wise 1516.4900 €51.52 ₩10,537,300.00 −₩74,308.45
Exchange rateFeeRecipient getsDifference
Mid-market rate 1513.2291 – ₩10,592,603.55
Xe Cheapest 1509.5718 €0.00 ₩10,567,002.60 −₩25,600.95
Regency FX 1509.1434 €0.00 ₩10,564,003.52 −₩28,600.03
OFX 1505.6629 €0.00 ₩10,539,640.54 −₩52,963.01
Wise 1510.7400 €51.52 ₩10,497,347.00 −₩95,256.55
Exchange rateFeeRecipient getsDifference
Mid-market rate 1512.3456 – ₩10,586,419.25
Xe Cheapest 1509.5718 €0.00 ₩10,567,002.60 −₩19,416.65
Regency FX 1508.2623 €0.00 ₩10,557,835.92 −₩28,583.33
OFX 1504.7839 €0.00 ₩10,533,487.15 −₩52,932.10
Wise 1510.7400 €51.52 ₩10,497,347.00 −₩89,072.25
Exchange rateFeeRecipient getsDifference
Mid-market rate 1505.3755 – ₩10,537,628.30
Regency FX Cheapest 1501.3110 €0.00 ₩10,509,176.70 −₩28,451.60
OFX 1497.8486 €0.00 ₩10,484,940.16 −₩52,688.14
Wise 1506.2500 €51.52 ₩10,466,148.00 −₩71,480.30
Exchange rateFeeRecipient getsDifference
Mid-market rate 1505.7911 – ₩10,540,537.55
Regency FX Cheapest 1501.7254 €0.00 ₩10,512,078.09 −₩28,459.46
OFX 1498.2621 €0.00 ₩10,487,834.86 −₩52,702.69
Wise 1506.0600 €51.52 ₩10,464,828.00 −₩75,709.55
Exchange rateFeeRecipient getsDifference
Mid-market rate 1498.5332 – ₩10,489,732.61
Regency FX Cheapest 1494.4872 €0.00 ₩10,461,410.33 −₩28,322.28
OFX 1491.0406 €0.00 ₩10,437,283.95 −₩52,448.66
Wise 1499.0700 €51.52 ₩10,416,258.00 −₩73,474.61
Exchange rateFeeRecipient getsDifference
Mid-market rate 1499.6821 – ₩10,497,774.49
Regency FX Cheapest 1495.6329 €0.00 ₩10,469,430.50 −₩28,343.99
OFX 1492.1837 €0.00 ₩10,445,285.62 −₩52,488.87
Wise 1500.5600 €51.52 ₩10,426,611.00 −₩71,163.49
Exchange rateFeeRecipient getsDifference
Mid-market rate 1505.8541 – ₩10,540,978.75
Regency FX Cheapest 1501.7883 €0.00 ₩10,512,518.11 −₩28,460.64
OFX 1498.3248 €0.00 ₩10,488,273.86 −₩52,704.89
Wise 1505.8400 €51.52 ₩10,463,299.00 −₩77,679.75
Exchange rateFeeRecipient getsDifference
Mid-market rate 1502.3801 – ₩10,516,660.55
Regency FX Cheapest 1498.3237 €0.00 ₩10,488,265.56 −₩28,394.99
OFX 1494.8682 €0.00 ₩10,464,077.24 −₩52,583.31
Wise 1501.4300 €51.52 ₩10,432,656.00 −₩84,004.55
Exchange rateFeeRecipient getsDifference
Mid-market rate 1501.8871 – ₩10,513,209.58
Regency FX Cheapest 1497.8320 €0.00 ₩10,484,823.92 −₩28,385.66
OFX 1494.3776 €0.00 ₩10,460,643.53 −₩52,566.05
Wise 1501.4300 €51.52 ₩10,432,656.00 −₩80,553.58
Exchange rateFeeRecipient getsDifference
Mid-market rate 1492.4943 – ₩10,447,459.97
Regency FX Cheapest 1488.4645 €0.00 ₩10,419,251.83 −₩28,208.14
OFX 1485.0318 €0.00 ₩10,395,222.67 −₩52,237.30
Wise 1492.3800 €51.52 ₩10,369,773.00 −₩77,686.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 1499.8570 – ₩10,498,999.12
Regency FX Cheapest 1495.8074 €0.00 ₩10,470,651.82 −₩28,347.30
OFX 1492.3577 €0.00 ₩10,446,504.12 −₩52,495.00
Wise 1500.1700 €51.52 ₩10,423,901.00 −₩75,098.12
Exchange rateFeeRecipient getsDifference
Mid-market rate 1495.2028 – ₩10,466,419.79
Regency FX Cheapest 1491.1658 €0.00 ₩10,438,160.46 −₩28,259.33
OFX 1487.7268 €0.00 ₩10,414,087.69 −₩52,332.10
Wise 1495.0200 €51.52 ₩10,388,117.00 −₩78,302.79
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1507.5100 €51.52 ₩10,474,903.00 –
Regency FX No quote collected this day – – – –
OFX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1498.0357 – ₩10,486,249.82
Regency FX Cheapest 1493.9910 €0.00 ₩10,457,936.94 −₩28,312.88
OFX 1490.5455 €0.00 ₩10,433,818.57 −₩52,431.25
Wise 1497.9200 €51.52 ₩10,408,267.00 −₩77,982.82
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Xe Cheapest 1489.9500 €0.00 ₩10,429,650.00 –
Wise 1499.5000 €51.52 ₩10,419,246.00 –
Regency FX No quote collected this day – – – –
OFX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1499.8699 – ₩10,499,089.35
Regency FX Cheapest 1495.8203 €0.00 ₩10,470,741.81 −₩28,347.54
OFX 1492.3706 €0.00 ₩10,446,593.90 −₩52,495.45
Wise 1499.5000 €51.52 ₩10,419,246.00 −₩79,843.35
Exchange rateFeeRecipient getsDifference
Mid-market rate 1490.8554 – ₩10,435,988.05
Regency FX Cheapest 1486.8301 €0.00 ₩10,407,810.88 −₩28,177.17
OFX 1483.4012 €0.00 ₩10,383,808.11 −₩52,179.94
Wise No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1489.9652 – ₩10,429,756.69
Paysend Cheapest 1482.1360 €0.00 ₩10,374,951.93 −₩54,804.76
Wise 1490.0000 €51.52 ₩10,353,235.00 −₩76,521.69
Regency FX No quote collected this day – – – –
OFX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1486.0223 – ₩10,402,155.99
Regency FX Cheapest 1482.0100 €0.00 ₩10,374,070.17 −₩28,085.82
OFX 1478.5922 €0.00 ₩10,350,145.21 −₩52,010.78
Wise 1485.8200 €51.52 ₩10,324,191.00 −₩77,964.99
Exchange rateFeeRecipient getsDifference
Mid-market rate 1485.2194 – ₩10,396,535.71
Regency FX Cheapest 1481.2093 €0.00 ₩10,368,465.06 −₩28,070.65
OFX 1477.7933 €0.00 ₩10,344,553.03 −₩51,982.68
Wise 1485.2300 €51.52 ₩10,320,091.00 −₩76,444.71
Exchange rateFeeRecipient getsDifference
Mid-market rate 1485.5192 – ₩10,398,634.09
Regency FX Cheapest 1481.5083 €0.00 ₩10,370,557.78 −₩28,076.31
OFX 1478.0916 €0.00 ₩10,346,640.92 −₩51,993.17
Wise 1485.4700 €51.52 ₩10,321,759.00 −₩76,875.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 1482.6581 – ₩10,378,606.81
Regency FX Cheapest 1478.6549 €0.00 ₩10,350,584.57 −₩28,022.23
OFX 1475.2448 €0.00 ₩10,326,713.77 −₩51,893.04
Wise 1482.7500 €51.52 ₩10,302,859.00 −₩75,747.80
Exchange rateFeeRecipient getsDifference
Mid-market rate 1482.6581 – ₩10,378,606.81
Regency FX Cheapest 1478.6549 €0.00 ₩10,350,584.57 −₩28,022.23
OFX 1475.2448 €0.00 ₩10,326,713.77 −₩51,893.04
Wise 1482.7500 €51.52 ₩10,302,859.00 −₩75,747.80
Exchange rateFeeRecipient getsDifference
Mid-market rate 1484.9553 – ₩10,394,687.12
Regency FX Cheapest 1480.9459 €0.00 ₩10,366,621.47 −₩28,065.65
OFX 1477.5305 €0.00 ₩10,342,713.69 −₩51,973.43
Wise 1485.0300 €51.52 ₩10,318,701.00 −₩75,986.12
Exchange rateFeeRecipient getsDifference
Mid-market rate 1480.6665 – ₩10,364,665.37
Regency FX Cheapest 1476.6687 €0.00 ₩10,336,680.78 −₩27,984.59
OFX 1473.2631 €0.00 ₩10,312,842.05 −₩51,823.32
Wise 1480.4700 €51.52 ₩10,287,016.00 −₩77,649.37
Exchange rateFeeRecipient getsDifference
Mid-market rate 1487.6397 – ₩10,413,478.13
Regency FX Cheapest 1483.6231 €0.00 ₩10,385,361.74 −₩28,116.39
OFX 1480.2015 €0.00 ₩10,361,410.74 −₩52,067.39
Wise 1487.5800 €51.52 ₩10,336,420.00 −₩77,058.13

Exchange rateFeeRecipient getsDifference

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 Netherlands.

Right now, Regency FX pays 10,385,361.74 KRW on 7,000 EUR, which is 28,116.39 KRW less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 10,754,525.3 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.

Cheapest over time

Picking the cheapest money transfer company

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.

  1. Regency FXAppeared in 27 comparisons

    Cheapest in 89% of them

  2. OFXAppeared in 86 comparisons

    Cheapest in 37% of them

  3. WiseAppeared in 89 comparisons

    Cheapest in 3% of them

Based on 94 comparisons across 5 amounts over the last 30 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 37% of its comparisons, so it's rarely the cheapest option for transfers to South Korea.

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.

Wise is the cheapest online option, sending €7,000 gets you 10,336,420 KRW with a €51.52 fee and 0% markup.

In our comparisons over the past month, it was the cheapest online service on 21 of the 29 days it quoted.

Frequent transfers abroad

Money transfer apps

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

Wise charges €51.52 in fees on a €7,000 transfer with 0% markup and gets you 10,336,420 KRW.

Over the past month, Wise was the cheapest app on 72% of the days it appeared for €7,000 transfers.

You can pay for your transfer via bank transfer, debit card, credit card, and iDEAL but you can’t use Tikkie for deposits.

For large EUR transfers

Currency brokers

Currency brokers are the best for large transfers from the 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 Regency FX is the best option.

Our analysis shows Regency FX was the cheapest broker in 89% of the transfers from €5,000 it quoted.

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% markup plus €51.52 fee and holds the KRW until you send or spend it.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

For ZZP'ers

Global accounts

Global accounts offer business tools 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 Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending €7,000 gives your recipient 10,385,361.74 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

    ₩10,385,362

    Cheapest

  2. 2
    iDEAL Bank deposit

    You pay €7,000.00

    ₩10,321,410

    -₩63,952

  3. 3
    Debit card Bank deposit

    You pay €7,000.00

    ₩10,262,360

    -₩123,002

  4. 4
    Credit card Bank deposit

    You pay €7,000.00

    ₩10,262,360

    -₩123,002

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 a €7,000 transfer is Regency FX, funded through bank transfer with bank deposit for the payout. Your recipient gets 10,385,361.74 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 in South Korea. Your recipient gets 10,277,016 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.

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.

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.

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.