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Companies for transfers from United Kingdom to North Korea
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Moneygram is a well established service with over 80 years in the sector. They support over 200 countries worldwide and have over 440,000 retail locations."
Best option: Wise
We tested & reviewed 2 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 100% of United Kingdom to North Korea searches, and was the top rated company supporting money transfers between GBP and KPW.
For a great mix of cost, speed & features, transfer from United Kingdom to North Korean Won using Wise.
How to compare companies offering money transfers from United Kingdom to North Korea
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from the United Kingdom to North Korea. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to North Korea.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from the United Kingdom to your chosen country & currency.
Summary of recent searches
Considerations ahead of sending money from United Kingdom to North Korea
A comparison of providers offering services between the United Kingdom and North Korea, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 2 providers that provide services for sending Pound Sterling to North Korea. This ensures you will get the best options for your transfer to North Korea from the United Kingdom.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United Kingdom to North Korea.
Cheapest way to send money to North Korea from the United Kingdom: Wise
Data collected through our comparison over the past six months shows that Wise is 1.2% cheaper than the second-best option.
The cost is made up of an average fee of 45.49* GBP and an exchange rate for buying North Korean Won with Pound Sterling that is -0.02% different to the mid-market rate.
If you want to secure the best rates on a United Kingdom to North Korea transfer, Wise offers value. We would still recommend searching for the amount you want to send to North Korea.
*The most common fee applied to GBP-KPW by Wise, based on data from the past six months.
Fastest way to transfer money from United Kingdom to North Korea: MoneyGram
Our data shows that MoneyGram came up as the fastest option for sending Pound Sterling into North Korean Won in 100% of searches. This makes them well suited to urgent GBP to KPW money transfers.
The average fee for a GBP-North Korean Won transfer through MoneyGram is 0 GBP.
To get the 'fastest' option we compared 2 providers for overall speed of sending money from the United Kingdom to North Korea - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in North Korea.
When speed matters, MoneyGram is your best choice for sending into North Korea from the United Kingdom.
Need to send over £10,000 from the UK? TorFX is your best option
Opt for a service proven with large transfers when size matters. For transfers over £10,000, your best option is TorFX.
While TorFX may not always be the cheapest or fastest way to send GBP to North Korea, they will keep you safe and relaxed while your money moves into KPW.
Understanding the costs involved when transferring money to North Korea from United Kingdom
When calculating the cost of sending money from the United Kingdom to North Korea, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current GBP-KPW mid-market rate is 1,167.6786 KPW per Pound Sterling. Finding a provider as close to this number as possible will ensure more North Korean Won for your money.
As a comparison, the GBP-KPW mid-market rate for the past three months has averaged 1,132.0894 KPW per Pound Sterling, hitting a high of 1,132.5628 and a low of 1,131.6161.
Wise is currently offering the best exchange rate on transfers between the United Kingdom and North Korea.
Often the GBP-KPW exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to North Korea.
Fees: Transfer fees are charged on top of a transfer. Wise currently offers lowest fees, at an average of 45.49 GBP over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in North Korean Won is the biggest indicator in the total cost of sending money to the United Kingdom from North Korea. The higher the total amount received in North Korea, the lower the cost of sending from the United Kingdom.
Tracking the exchange rate for Pound Sterling to North Korean Won
Getting a better exchange rate between GBP and KPW can make a huge difference to the overall cost of sending money.
Over the last six months, between the United Kingdom and North Korea, the average numbers are:
GBP to KPW saw an average 1,132.0894 KPW mid-market rate.
The highest point was 1,132.5628 KPW, while the lowest was 1,131.6161 KPW.
2 providers are currently offering transfers between the United Kingdom and North Korea.
Want to secure the best GBP-North Korean Won exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from United Kingdom to North Korea!
Funding your United Kingdom to North Korea transfer
Bank transfers
The default option for sending money from the United Kingdom to North Korea is often a bank transfer.
Using a money transfer company such as Wise for transfers from the United Kingdom to North Korea, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 2 we tested, the cheapest provider for bank transfers from GBP to North Korea is Wise.
With an average fee of GBP45.49 to send money from the United Kingdom to North Korea, Wise offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from the United Kingdom to North Korea with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between the United Kingdom and North Korea.
Credit cards
is the best money transfer company of the 2 compared for credit card transfers from the United Kingdom to North Korea
Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. We recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between North Korea and United Kingdom.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from United Kingdom to North Korea.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to KPW.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
