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 10,717,421.5 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 October 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 = 134.3300 KRW 0.00% vs mid-market Recipient gets 10 672 201,00 ₩ 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 = 134.3300 KRW
10 672 201,00 ₩You pay80 000,00 kr
Promoted

Xe

Pay via Debit card
Fee 0,00 kr 1 SEK = 130.0250 KRW +3.26% vs mid-market Recipient gets 10 402 000,00 ₩ 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 = 130.0250 KRW
10 402 000,00 ₩You pay80 000,00 kr

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Showing top Sweden to South Korea deals for 80,000 SEK. Do a live search with your exact amount for today's best rates.
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Regency FX

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 133.9678 KRW +0.27% vs mid-market Recipient gets 10 717 421,50 ₩ 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 = 133.9678 KRW
10 717 421,50 ₩You pay80 000,00 kr

Wise

Pay via Bank transfer
Fee 552,36 kr 1 SEK = 134.3300 KRW 0.00% vs mid-market Recipient gets 10 672 201,00 ₩ 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 = 134.3300 KRW
10 672 201,00 ₩You pay80 000,00 kr
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee 820,00 kr 1 SEK = 133.8658 KRW +0.35% vs mid-market Recipient gets 10 599 491,00 ₩ 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 = 133.8658 KRW
10 599 491,00 ₩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.

Wise

Pay via Debit card
Fee 1 411,09 kr 1 SEK = 134.3300 KRW 0.00% vs mid-market Recipient gets 10 556 848,00 ₩ 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 = 134.3300 KRW
10 556 848,00 ₩You pay80 000,00 kr

Wise

Pay via Credit card
Fee 1 572,91 kr 1 SEK = 134.3300 KRW 0.00% vs mid-market Recipient gets 10 535 111,00 ₩ 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 = 134.3300 KRW
10 535 111,00 ₩You pay80 000,00 kr

CurrencyFair

Pay via Bank transfer
Fee 29,40 kr 1 SEK = 131.6540 KRW +2.01% vs mid-market Recipient gets 10 528 370,38 ₩ 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
29,40 kr1 SEK = 131.6540 KRW
10 528 370,38 ₩You pay80 000,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee 100,00 kr 1 SEK = 131.1754 KRW +2.38% vs mid-market Recipient gets 10 494 032,00 ₩ 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 = 131.1754 KRW
10 494 032,00 ₩You pay80 100,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee 100,00 kr 1 SEK = 131.1754 KRW +2.38% vs mid-market Recipient gets 10 494 032,00 ₩ 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 = 131.1754 KRW
10 494 032,00 ₩You pay80 100,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee 100,00 kr 1 SEK = 131.1754 KRW +2.38% vs mid-market Recipient gets 10 494 032,00 ₩ 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 = 131.1754 KRW
10 494 032,00 ₩You pay80 100,00 kr

Xe

Pay via Debit card
Fee 0,00 kr 1 SEK = 130.0250 KRW +3.26% vs mid-market Recipient gets 10 402 000,00 ₩ 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 = 130.0250 KRW
10 402 000,00 ₩You pay80 000,00 kr

Xe

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 130.0250 KRW +3.26% vs mid-market Recipient gets 10 402 000,00 ₩ 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 = 130.0250 KRW
10 402 000,00 ₩You pay80 000,00 kr

Xe

Pay via Credit card
Fee 0,00 kr 1 SEK = 130.0250 KRW +3.26% vs mid-market Recipient gets 10 402 000,00 ₩ 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 = 130.0250 KRW
10 402 000,00 ₩You pay80 000,00 kr
How Our Results Work
Mid-market rate: 1 SEK = 134.3305 KRW Updates every 60 minutes.

How to send money from Sweden to South Korea

Pick a company

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

Regency FX was the cheapest on 25 of the 26 days it quoted kr80,000 transfers to South Korea.

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 it's less common).

Compare amounts

How much SEK are you sending to South Korea?

How much SEK 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 96% of the transfers from SEK 50,000 it quoted, and in 96% of all the transfers it quoted.

Cheapest service
5 000 kr0.54%0,00 kr669 084,04 ₩with debit card to bank deposit+9 108,98 ₩
10 000 kr0.44%15,00 kr1 335 176,00 ₩with bank transfer to bank deposit+21 231,01 ₩
25 000 kr0.04%186,31 kr3 337 367,00 ₩with bank transfer to bank deposit+49 465,80 ₩
50 000 kr0.03%352,70 kr6 664 058,00 ₩with bank transfer to bank deposit+86 859,65 ₩
80 000 krThis page0.27%0,00 kr10 717 421,50 ₩with bank transfer to bank deposit+192 626,59 ₩

Mid-market rate: 1 SEK = 134.3305 KRW

SEK/KRW Exchange Rate History

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

The cheapest way to send SEK 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 80,000 SEK transfers to South Korea.

KRW received for 80 000 kr, after fees

Wed, 28 Oct 2026Mid-market rate10 746 436,88 ₩ Regency FX 10 717 421,50 ₩Regency FX10 717 421,50 ₩Wise10 672 201,00 ₩Revolut10 599 491,00 ₩

10,3M
10,4M
10,5M
10,6M
10,7M
10,8M
10,9M
11,0M
At the mid-market rateWith the cheapest optionRegency FXWiseRevolut
Exchange rateFeeRecipient getsDifference
Mid-market rate 136.1809 – 10 894 474,24 ₩
Regency FX Cheapest 135.8132 0,00 kr 10 865 059,16 ₩ −29 415,08 ₩
Wise 136.1600 552,36 kr 10 817 591,00 ₩ −76 883,24 ₩
Revolut 135.6723 820,00 kr 10 742 535,00 ₩ −151 939,24 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 135.7124 – 10 856 990,48 ₩
Regency FX Cheapest 135.3460 0,00 kr 10 827 676,61 ₩ −29 313,87 ₩
Wise 135.6820 552,36 kr 10 779 615,00 ₩ −77 375,48 ₩
Revolut 135.2306 820,00 kr 10 707 558,00 ₩ −149 432,48 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 135.6629 – 10 853 034,16 ₩
Regency FX Cheapest 135.2966 0,00 kr 10 823 730,97 ₩ −29 303,19 ₩
Wise 135.6900 552,36 kr 10 780 250,00 ₩ −72 784,16 ₩
Revolut 135.1819 820,00 kr 10 703 698,00 ₩ −149 336,16 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.7136 – 10 777 089,12 ₩
Regency FX Cheapest 134.3499 0,00 kr 10 747 990,98 ₩ −29 098,14 ₩
Wise 134.7610 552,36 kr 10 706 443,00 ₩ −70 646,12 ₩
Revolut 134.2283 820,00 kr 10 628 199,00 ₩ −148 890,12 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.8607 – 10 708 853,68 ₩
Regency FX Cheapest 133.4992 0,00 kr 10 679 939,78 ₩ −28 913,90 ₩
Wise 133.7110 552,36 kr 10 623 023,00 ₩ −85 830,68 ₩
Revolut 132.8477 1 620,00 kr 10 412 599,00 ₩ −296 254,68 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.7825 – 10 702 601,44 ₩
Regency FX Cheapest 133.4213 0,00 kr 10 673 704,42 ₩ −28 897,02 ₩
Wise 133.7110 552,36 kr 10 623 023,00 ₩ −79 578,44 ₩
Revolut 132.8477 1 620,00 kr 10 412 599,00 ₩ −290 002,44 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.6205 – 10 689 642,48 ₩
Regency FX Cheapest 133.2598 0,00 kr 10 660 780,45 ₩ −28 862,03 ₩
Wise 133.6810 552,36 kr 10 620 640,00 ₩ −69 002,48 ₩
Revolut 133.2098 820,00 kr 10 547 555,00 ₩ −142 087,48 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.6235 – 10 689 876,64 ₩
Regency FX Cheapest 133.2627 0,00 kr 10 661 013,97 ₩ −28 862,67 ₩
Wise 133.6510 552,36 kr 10 618 257,00 ₩ −71 619,64 ₩
Revolut 133.1739 820,00 kr 10 544 713,00 ₩ −145 163,64 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.5358 – 10 682 860,96 ₩
Regency FX Cheapest 133.1752 0,00 kr 10 654 017,24 ₩ −28 843,72 ₩
Wise 133.5870 552,36 kr 10 613 172,00 ₩ −69 688,96 ₩
Revolut 133.0992 820,00 kr 10 538 791,00 ₩ −144 069,96 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.7869 – 10 702 949,60 ₩
Regency FX Cheapest 133.4256 0,00 kr 10 674 051,64 ₩ −28 897,96 ₩
Wise 133.8540 552,36 kr 10 634 384,00 ₩ −68 565,60 ₩
Revolut 133.3626 820,00 kr 10 559 648,00 ₩ −143 301,60 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.7415 – 10 779 318,40 ₩
Regency FX Cheapest 134.3777 0,00 kr 10 750 214,24 ₩ −29 104,16 ₩
Wise 134.8550 552,36 kr 10 713 911,00 ₩ −65 407,40 ₩
Revolut 134.2543 820,00 kr 10 630 257,00 ₩ −149 061,40 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.0987 – 10 727 897,12 ₩
Regency FX Cheapest 133.7366 0,00 kr 10 698 931,80 ₩ −28 965,32 ₩
Wise 134.0700 552,36 kr 10 651 545,00 ₩ −76 352,12 ₩
Revolut 133.2403 1 620,00 kr 10 443 372,00 ₩ −284 525,12 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.0547 – 10 724 376,88 ₩
Regency FX Cheapest 133.6928 0,00 kr 10 695 421,06 ₩ −28 955,82 ₩
Wise 134.0700 552,36 kr 10 651 545,00 ₩ −72 831,88 ₩
Revolut 133.2403 1 620,00 kr 10 443 372,00 ₩ −281 004,88 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.4001 – 10 672 006,24 ₩
Regency FX Cheapest 133.0399 0,00 kr 10 643 191,82 ₩ −28 814,42 ₩
Wise 133.4400 552,36 kr 10 601 493,00 ₩ −70 513,24 ₩
Revolut 132.9444 820,00 kr 10 526 534,00 ₩ −145 472,24 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.0673 – 10 725 383,92 ₩
Paysend Cheapest 133.5059 0,00 kr 10 680 475,49 ₩ −44 908,43 ₩
Wise 134.1090 552,36 kr 10 654 644,00 ₩ −70 739,92 ₩
Regency FX No quote collected this day – – – –
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.2241 – 10 737 929,28 ₩
Paysend Cheapest 133.7214 0,00 kr 10 697 713,42 ₩ −40 215,86 ₩
Wise 134.2420 552,36 kr 10 665 210,00 ₩ −72 719,28 ₩
Regency FX No quote collected this day – – – –
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.1891 – 10 735 128,72 ₩
Regency FX Cheapest 133.8268 0,00 kr 10 706 143,87 ₩ −28 984,85 ₩
Wise 134.1570 552,36 kr 10 658 457,00 ₩ −76 671,72 ₩
Revolut 133.6500 820,00 kr 10 582 405,00 ₩ −152 723,72 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.3265 – 10 746 118,24 ₩
CurrencyFair Cheapest 134.0770 29,94 kr 10 722 137,69 ₩ −23 980,55 ₩
Regency FX 133.9638 0,00 kr 10 717 103,72 ₩ −29 014,52 ₩
Wise 134.3410 552,36 kr 10 673 075,00 ₩ −73 043,24 ₩
Revolut 133.8359 820,00 kr 10 597 127,00 ₩ −148 991,24 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.6404 – 10 771 234,88 ₩
Regency FX Cheapest 134.2769 0,00 kr 10 742 152,55 ₩ −29 082,33 ₩
Wise 134.6410 552,36 kr 10 696 910,00 ₩ −74 324,88 ₩
Revolut 133.2218 1 620,00 kr 10 441 924,00 ₩ −329 310,88 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.6536 – 10 772 284,08 ₩
Regency FX Cheapest 134.2900 0,00 kr 10 743 198,91 ₩ −29 085,17 ₩
Wise 134.6410 552,36 kr 10 696 910,00 ₩ −75 374,08 ₩
Revolut 133.2218 1 620,00 kr 10 441 924,00 ₩ −330 360,08 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.2384 – 10 739 071,60 ₩
Regency FX Cheapest 133.8760 0,00 kr 10 710 076,11 ₩ −28 995,49 ₩
Wise 134.2780 552,36 kr 10 668 070,00 ₩ −71 001,60 ₩
Revolut 133.7708 820,00 kr 10 591 970,00 ₩ −147 101,60 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.0722 – 10 725 773,68 ₩
Regency FX Cheapest 133.7102 0,00 kr 10 696 814,09 ₩ −28 959,59 ₩
Wise 134.0930 552,36 kr 10 653 372,00 ₩ −72 401,68 ₩
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.7033 – 10 696 262,40 ₩
Paysend Cheapest 133.1416 0,00 kr 10 651 327,23 ₩ −44 935,17 ₩
Wise 133.6920 552,36 kr 10 621 514,00 ₩ −74 748,40 ₩
Regency FX No quote collected this day – – – –
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.8951 – 10 711 611,92 ₩
Regency FX Cheapest 133.5336 0,00 kr 10 682 690,57 ₩ −28 921,35 ₩
Wise 133.8900 552,36 kr 10 637 245,00 ₩ −74 366,92 ₩
Revolut 133.4169 820,00 kr 10 563 950,00 ₩ −147 661,92 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 133.7020 552,36 kr 10 622 308,00 ₩ –
Revolut 133.1979 820,00 kr 10 546 613,00 ₩ –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.2850 – 10 662 799,20 ₩
Regency FX Cheapest 132.9251 0,00 kr 10 634 009,64 ₩ −28 789,56 ₩
Revolut 132.2446 1 620,00 kr 10 365 330,00 ₩ −297 469,20 ₩
Wise No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.2613 – 10 660 903,52 ₩
Regency FX Cheapest 132.9015 0,00 kr 10 632 119,08 ₩ −28 784,44 ₩
Wise 133.2930 552,36 kr 10 589 814,00 ₩ −71 089,52 ₩
Revolut 132.2446 1 620,00 kr 10 365 330,00 ₩ −295 573,52 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.2243 – 10 657 942,00 ₩
Regency FX Cheapest 132.8646 0,00 kr 10 629 165,56 ₩ −28 776,44 ₩
Wise 133.2190 552,36 kr 10 583 935,00 ₩ −74 007,00 ₩
Revolut 132.6912 820,00 kr 10 506 490,00 ₩ −151 452,00 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 132.8237 – 10 625 897,76 ₩
Regency FX Cheapest 132.4651 0,00 kr 10 597 207,84 ₩ −28 689,92 ₩
Wise 132.8930 552,36 kr 10 558 035,00 ₩ −67 862,76 ₩
Revolut 132.4058 820,00 kr 10 483 888,00 ₩ −142 009,76 ₩
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.3305 – 10 746 436,88 ₩
Regency FX Cheapest 133.9678 0,00 kr 10 717 421,50 ₩ −29 015,38 ₩
Wise 134.3300 552,36 kr 10 672 201,00 ₩ −74 235,88 ₩
Revolut 133.8658 820,00 kr 10 599 491,00 ₩ −146 945,88 ₩

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send 80 000 kr, after fees, as quoted by each company. The mid-market line shows what 80 000 kr 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 SEK 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 Sweden.

Right now, Regency FX pays 10,717,421.5 KRW on 80,000 SEK, which is 29,015.38 KRW less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 10,865,059.16 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 26 comparisons

    Cheapest in 96% of them

  2. WiseAppeared in 91 comparisons

    Cheapest in 38% of them

  3. RevolutAppeared in 81 comparisons

    Cheapest in 12% 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.

Wise (today's second cheapest) was the cheapest in only 38% of its comparisons, so it's rarely the cheapest option for transfers to South Korea.

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 10,672,201 KRW after a 0% markup on SEK/KRW exchange rate.

In our comparisons over the past month, it was the cheapest online service on 26 of the 29 days it quoted.

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.

Over the past month, Wise was the cheapest app on 90% of the days it appeared for kr80,000 transfers.

Your 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 driver's 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% exchange-rate markup and holds the KRW in your account.

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

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 10,717,421.5 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

    ₩10,717,422

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay kr80,000.00

    ₩10,556,848

    -₩160,574

  3. 3
    Credit card Bank deposit

    You pay kr80,000.00

    ₩10,535,111

    -₩182,311

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 KRW from Sweden.

Compare SEK to KRW transfer options

Cheapest way to send money to South Korea

The cheapest option for an SEK 80,000 transfer is Regency FX. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 10,717,421.5 KRW, which is 0.42% 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 10,599,491 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.

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.

In the past 30 days alone, we analysed 94 comparisons across 5 amounts.

This page covers the cheapest and fastest options for SEK/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 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.