How to send money to South Korea from Sweden with the best SEK-KRW rate

From 6 companies analysed, Regency FX is the cheapest way to send money to South Korea, giving your recipient 10,939,735.07 KRW when you send SEK 80,000.

Deposit with bank transfer and use bank deposit for withdrawal to get the most KRW.

Best companies for SEK/KRW transfers

6 of 6 providers

Last updated on 28 September 2026

Based on 80,000 SEK transfer

Best companies for SEK/KRW transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee 552,36 kr 1 SEK = 137.1070 KRW +0.01% vs mid-market Recipient gets 10 892 828,00 ₩ 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
552,36 kr1 SEK = 137.1070 KRW
10 892 828,00 ₩You pay80 000,00 kr
Promoted

Xe

Pay via Debit card
Fee 0,00 kr 1 SEK = 133.3702 KRW +2.77% vs mid-market Recipient gets 10 669 616,00 ₩ 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 SEK = 133.3702 KRW
10 669 616,00 ₩You pay80 000,00 kr

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Regency FX

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 136.7467 KRW +0.27% vs mid-market Recipient gets 10 939 735,07 ₩ 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 SEK = 136.7467 KRW
10 939 735,07 ₩You pay80 000,00 kr

Wise

Pay via Bank transfer
Fee 552,36 kr 1 SEK = 137.1070 KRW +0.01% vs mid-market Recipient gets 10 892 828,00 ₩ 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
552,36 kr1 SEK = 137.1070 KRW
10 892 828,00 ₩You pay80 000,00 kr
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee 820,00 kr 1 SEK = 136.6145 KRW +0.37% vs mid-market Recipient gets 10 817 132,00 ₩ 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
820,00 kr1 SEK = 136.6145 KRW
10 817 132,00 ₩You pay80 000,00 kr

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.

CurrencyFair

Pay via Bank transfer
Fee 29,53 kr 1 SEK = 134.9580 KRW +1.59% vs mid-market Recipient gets 10 792 591,26 ₩ 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
29,53 kr1 SEK = 134.9580 KRW
10 792 591,26 ₩You pay80 000,00 kr

Wise

Pay via Debit card
Fee 1 411,09 kr 1 SEK = 137.1070 KRW +0.01% vs mid-market Recipient gets 10 775 090,00 ₩ 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
1 411,09 kr1 SEK = 137.1070 KRW
10 775 090,00 ₩You pay80 000,00 kr

Wise

Pay via Credit card
Fee 1 572,91 kr 1 SEK = 137.1070 KRW +0.01% vs mid-market Recipient gets 10 752 903,00 ₩ 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
1 572,91 kr1 SEK = 137.1070 KRW
10 752 903,00 ₩You pay80 000,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee 100,00 kr 1 SEK = 133.6203 KRW +2.58% vs mid-market Recipient gets 10 689 624,00 ₩ 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
100,00 kr1 SEK = 133.6203 KRW
10 689 624,00 ₩You pay80 100,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee 100,00 kr 1 SEK = 133.6203 KRW +2.58% vs mid-market Recipient gets 10 689 624,00 ₩ 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
100,00 kr1 SEK = 133.6203 KRW
10 689 624,00 ₩You pay80 100,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee 100,00 kr 1 SEK = 133.6203 KRW +2.58% vs mid-market Recipient gets 10 689 624,00 ₩ 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
100,00 kr1 SEK = 133.6203 KRW
10 689 624,00 ₩You pay80 100,00 kr

Xe

Pay via Debit card
Fee 0,00 kr 1 SEK = 133.3702 KRW +2.77% vs mid-market Recipient gets 10 669 616,00 ₩ 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 SEK = 133.3702 KRW
10 669 616,00 ₩You pay80 000,00 kr

Xe

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 133.3702 KRW +2.77% vs mid-market Recipient gets 10 669 616,00 ₩ 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 SEK = 133.3702 KRW
10 669 616,00 ₩You pay80 000,00 kr

Xe

Pay via Credit card
Fee 0,00 kr 1 SEK = 133.3702 KRW +2.77% vs mid-market Recipient gets 10 669 616,00 ₩ 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 SEK = 133.3702 KRW
10 669 616,00 ₩You pay80 000,00 kr
How Our Results Work
Mid-market rate: 1 SEK = 137.1169 KRW Updates every 60 minutes.

How to send money from Sweden to South Korea

Pick a company

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

On a 80,000 SEK 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 SEK/KRW rate.

Fund your transfer

You can pay for the transfer using bank transfer, debit card, and credit card.

A transfer from your Swedish bank is usually the easiest way to fund the transfer.

Verify and send

Before you can send money to South Korea, you'll need to verify your account.

Most companies do it with BankID.

If you can't get BankID yet, some companies will take a passport instead (but its less common).

Ways to send money from Sweden to South Korea

6 companies send money from Sweden to South Korea, mostly through app, broker, online, multi-currency account, global account, and in person, and a few more ways.

Medium-sized transfers

Online transfers

For a one-off transfer to South Korea, an online service like Wise is usually the simplest place to start.

Wise charges kr552.36 to send 80,000 SEK, leaving your recipient with 10,892,828 after a 0.01% markup on SEK/KRW exchange rate.

Regular SEK transfers

Money transfer apps

For smaller regular transfers, apps are the most convenient and easiest way to send money to South Korea.

Wise charges kr552.36 on a 80,000 SEK transfer and money will arrive in same day.

You recipient can withdraw via bank deposit.

In many cases you will need a BankID to verify your account, but a few will do with a passport or drivers licence.

Spending and travelling

Multi-currency accounts

A multi-currency account makes sense if you regularly need KRW.

You can convert your kronor in advance and use the balance when needed without extra fees.

Wise converts SEK 80,000 with a 0.01% exchange-rate markup and holds the KRW in your account.

Paying from business accounts

Global accounts

If your business receives and sends money in South Korea, a global account keeps the KRW in one place.

You can pay invoices from the balance and convert when needed.

WorldFirst and Airwallex are good options to try.

Ways to fund SEK and receive KRW in South Korea

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 80,000 SEK gives your recipient 10,939,735.07 KRW.

From Sweden, you can fund the transfer by bank transfer, debit card, and credit card, and in South Korea, the recipient can use bank deposit.

Paying from your Swedish bank account

Send SEK using the account and reference shown by the money transfer company.

You may need to use BankID to approve and verify the payment.

Swish is useful for payments within Sweden, but it does not send KRW to South Korea.

  1. 1
    Bank transfer Bank deposit

    You pay kr80,000.00

    ₩10,939,735

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay kr80,000.00

    ₩10,775,090

    -₩164,645

  3. 3
    Credit card Bank deposit

    You pay kr80,000.00

    ₩10,752,903

    -₩186,832

Consider this before sending SEK to South Korea

Swedish banks are safe but often expensive for foreign payments. Compare money transfer companies available to get the most of KRW from Sweden.

Compare SEK to KRW transfer options

Cheapest way to send money to South Korea

The cheapest option for KRW 10,939,735.07 is Regency FX. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 10,939,735.07 KRW, which is 0.43% more than the next best option.

Fastest way to send money to South Korea

With Revolut, a bank transfer deposit and bank deposit payout delivers 10,817,132 KRW in within minutes.

Swish only works in Sweden

Swish moves money between participating Swedish accounts, it cannot send SEK to South Korea.

You may still use a Swedish bank transfer to pay for the transfer online, but beyond that, the company will move SEK to South Korea over local rails or SWIFT.

Avoid delays

A bank can ask for the purpose and source of a large or unusual payment.

Property sales, inheritances and transfers between your own accounts are easier to clear when the documents match the description you gave the bank.

Tell your bank before a time-sensitive payment and keep the sale contract, estate document or account statement ready.

And do not split one large payment into many small ones, since it can trigger more questions.

Sweden does not charge gift tax

Sweden has no gift or inheritance tax, so sending a cash gift does not create a Swedish gift-tax return.

South Korea may have their own rules on receiving monetary gifts.

Live SEK-KRW Exchange Rate

Get a better SEK to KRW exchange rate

The final rate controls how much KRW you get for your SEK, so compare it alongside the transfer fee.

Mid-market rate:1 SEK = 136.463606 KRW

How we analyse the market

We track 6 companies sending SEK to South Korea, all registered with Finansinspektionen or passported in, with rates refreshed in real time on live searches.

The krona floats, so we compare on what actually arrives, alongside fees and the ways to pay and collect.

Each goes through our review. More on who we are, why you can trust us and getting started.

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