How to send money to South Korea from Turkey with the best TRY-KRW rate

Regency FX is the cheapest option overall out of 2 money transfer apps available. For the fastest way, we suggest using Wise.

Sending 100,000 TRY to South Korea with Regency FX will get you ₩2,759,531.79 vs ₩2,742,415 with Wise.

Best companies for TRY/KRW transfers

2 of 2 providers

Last updated on 26 September 2026

Based on 100,000 TRY transfer

Best companies for TRY/KRW transfers

Sort Cheapest
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Wise

Pay via Bank transfer
Fee ₺932.90 1 TRY = 27.6824 KRW -0.04% vs mid-market Recipient gets ₩2,742,415.00 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
₺932.901 TRY = 27.6824 KRW
₩2,742,415.00You pay₺100,000.00

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Showing top Turkey to South Korea deals for 100,000 TRY. 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 1 TRY = 27.5953 KRW +0.27% vs mid-market Recipient gets ₩2,759,531.79 Minutes - 24 hours
0 reviews
Cheapest
Personal account manager

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 TRY = 27.5953 KRW
₩2,759,531.79You pay₺100,000.00

Wise

Pay via Bank transfer
Fee ₺932.90 1 TRY = 27.6824 KRW -0.04% vs mid-market Recipient gets ₩2,742,415.00 Within minutes
FastestRecommended
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
₺932.901 TRY = 27.6824 KRW
₩2,742,415.00You pay₺100,000.00
How Our Results Work
Mid-market rate: 1 TRY = 27.6700 KRW Updates every 60 minutes.

How to send money from Turkey to South Korea

Pick a company

If you're sending a one-off transfer, then Regency FX is the best option.

For recurring transfers, I'd suggest using an app or a multi-currency account with Wise.

For large transfers using a broker like Regency FX is the best option.

How much you send will affect the best option for you right now.

Fund your transfer

Fund your money transfers account with bank transfer.

Verify and send

When signing up you'll need to verify your account.

You'll need your TC Kimlik, or a passport and tax number if you're a foreign resident.

Ways to send money from Turkey to South Korea

2 companies send TRY to South Korea.

Cheapest way to send TRY

Online and app transfers

Money transfer specialists like Wise is the cheapest way to send money to South Korea from Turkey.

The fees are lower than banks, it takes 5 mins to get started, your recipient will get more KRW, and repeat transfers are very simple.

For example, Wise charges ₺932.9 to send 100,000 TRY, and will get your recipient 2,742,415 KRW after a -0.04% exchange-rate markup and ₺932.9 fee.

Wallets like Papara can work for small and one-off transfers, but usually are more expensive.

Holding euros in a döviz account

Multi-currency accounts

A multi-currency account (also known as döviz account) lets you hold KRW alongside TRY.

It is most useful if you get paid in KRW, travel to South Korea often, or spend in KRW.

That's because you get local details for both currencies and swapping between them is simple and cheap.

Doing business abroad

Global accounts

Global accounts like Payoneer or Veem help Turkish businesses pay suppliers in South Korea and receive money from foreign clients.

Ways to fund TRY and receive KRW in South Korea

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 100,000 TRY gives your recipient 2,759,531.79 KRW.

You can send TRY using bank transfer.

Pay from your Turkish bank account

FAST, havale or EFT can be used to fund your money transfer account when sending money to South Korea.

In South Korea, they can get KRW by bank deposit.

The simplest way to receive money is to use a bank or card deposit.

Enter the recipient's IBAN, their name, card details if sending to a card, and that's all.

Won will arrive directly into their bank account in South Korea.

  1. 1
    Bank transfer Bank deposit

    You pay ₺100,000.00

    ₩2,759,532

    Cheapest

What to consider before sending TRY to South Korea

Here are a few things to know about money transfers from Turkey to South Korea.

Compare TRY/KRW transfer options

These are the best options for sending TRY 100,000 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 2,759,531.79 KRW, which is 0.62% more than the next best option.

Fastest way to send money to South Korea

The fastest option is Wise. Pay by bank transfer and use bank deposit in South Korea. Your recipient gets 2,742,415 KRW, with the money arriving in within minutes.

FAST and EFT are domestic

FAST, EFT and havale move TRY between accounts in Turkey.

They can be used to fund a transfer to South Korea, but from there money transfer services switch to internal network of accounts or other transfer rails.

Large transfers & limits in Turkey

There is no single universal personal-transfer limit, but your bank or transfer company can ask where the money came from and why it is leaving Turkey.

For property proceeds, tuition or moving savings, keep the sale document, invoice or recent statement ready.

Large gifts can also fall under Turkey's inheritance and gift tax rules, so check the tax position before sending a lump sum to South Korea.

Live TRY-KRW Exchange Rate

Finding a better TRY to KRW exchange rate

The lira can move quickly, which means the TRY/KRW rate can change the final KRW amount even over a short period.

Mid-market rate:1 TRY = 27.689328 KRW

How we analyse the market

Plenty of well-known services can't be funded in lira, so they don't appear here. What's left is 2 companies that can actually send TRY to South Korea.

We compare rates, fees and the pay-in and payout options in real time on live searches, and 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.