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How to send money to South Korea from UK with the best GBP-KRW rate

Compare ways to send money from United Kingdom to South Korea. Find the cheapest, fastest, and most reliable providers with the best GBP to KRW exchange rates.

Read on for the best deals, expert information, and all you need to send money to South Korea from United Kingdom.

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July 7th, 2025
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Best money transfer companies

Send money from United Kingdom to South Korea

Last updated: Today
Mid-market rate as of 07/07/2025: 1 GBP = 1860.589687 KRW
Results below are based on a 6000 GBP search
0 of 11 providers
Sponsored
Wise
Recipient gets (KRW)
₩11,091,994.00
Full transfer details
Visit Wise
₩263,362 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (KRW)
₩10,656,454.20
Full transfer details

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Live Rates
Sort by:
1
Wise
Recipient gets (KRW)
₩11,091,994.00
Full transfer details
Visit Wise
₩263,362 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
2
Instarem
Recipient gets (KRW)
₩11,069,529.60
Full transfer details
Visit Instarem
₩240,898 better than a typical bank*

"Most transfers are instant or same-day. Customers can earn rewards on every transaction."

Personal account manager
Multi-currency card
Receive to bank account
3
Remitly
Recipient gets (KRW)
₩11,058,360.00
Full transfer details
Visit Remitly
₩229,728 better than a typical bank*

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Personal account manager
Multi-currency card
Receive to bank account or cash pickup
4
CurrencyFair
Recipient gets (KRW)
₩11,040,797.75
Full transfer details
Visit CurrencyFair
₩212,166 better than a typical bank*

"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."

Personal account manager
Multi-currency card
Receive to bank account
5
Profee
Recipient gets (KRW)
₩10,997,859.00
Full transfer details
Visit Profee
₩169,227 better than a typical bank*

"Card-to-card transfers can be received in just two minutes."

Personal account manager
Multi-currency card
Receive to bank account or debit card
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
6
Xe
Recipient gets (KRW)
₩10,656,454.20
Full transfer details

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
Panda Remit
Recipient gets (KRW)
₩11,122,627.48
Not Recommended
These providers aren't as competitive as the others we've reviewed.
  • PayPal
    PayPal
    Recipient gets (KRW)
    ₩10,277,599.74
    Not recommended
Sponsored
Wise
Recipient gets (KRW)
₩11,091,994.00
Full transfer details
Visit Wise
₩263,362 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (KRW)
₩10,656,454.20
Full transfer details

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions

Best option: Wise

Wise is our top choice for GBP to KRW transfers.

We tested & reviewed 11 money transfer providers, and Wise scored highly in each category.

For example, sending 6,000 GBP to KRW will cost you £37.46 in fees, and you will receive 11,091,994 KRW. The delivery time usually is within minutes, but it depends on the day you make the transfer.

For a great mix of cost, speed & features, transfer from United Kingdom to Won using Wise.

Wise is the top rated company for sending money from United Kingdom (GBP) to South Korea (KRW) - Wise Screenshot

How to compare companies offering money transfers from United Kingdom to South Korea

Summary of recent searches

Top rated for transfers from United Kingdom to South Korea
Wise
Total number of GB - KR providers
11
Average cheapest fees & rate
Panda Remit
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Panda Remit
Best for debit card
Wise

Considerations ahead of sending money from United Kingdom to South Korea

1
Compare providers

A comparison of providers offering services between the United Kingdom and South 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 11 providers that provide services for sending Pound Sterling to South Korea. This ensures you will get the best options for your transfer to South 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 South Korea.

2
Get ahead of the Pound Sterling-Won exchange rate
3
Choose the right payment method
4
Financial regulation in South Korea and United Kingdom
5
Consider transfer limits
6
Receiving money in South Korea
7
Have your ID ready
8
Tax declarations

Cheapest way to transfer money to South Korea from the United Kingdom: Panda Remit

Panda Remit offers a combination of the lowest fees and best exchange rates - making it the cheapest transfer service for sending Pound Sterling to South Korea.

Of the 11 providers compared, data shows that Panda Remit is 0.13% cheaper than the second-best option.

The is cost is made up of GBP-KRW exchange rate that is 0.3% different to the mid-market rate and the a of 4 GBP.

If you want to secure the best rates on a GBP to South Korea transfer, Panda Remit will result in the most Won received.

Fastest money transfers from United Kingdom to South Korea: Wise.

Of the 11 money transfer companies tested, Wise offered the quickest way to send Pound Sterlings to South Korea.

Based on our recent data, transfer time for a £6,000 transfer to South Korea with Wise is within minutes. This can vary by amount and method, but it is a good point of reference.

Sending money from the United Kingdom to South Korea through Wise will cost you 37.46 GBP in fees & small markup.

Wise was one of 11 money transfer providers we compared for overall speed of sending money from the United Kingdom to South Korea. This speed test included depositing Pound Sterlings to an account and the average timeframe for sending money to South Korea.

When fast transfers are a priority, Wise is our best choice for sending from United Kingdom to South Korea.

Wise is the fastest way to send money from United Kingdom (GBP) to South Korea (KRW) - Wise Screenshot

Need to send over £10,000 from the UK? TorFX is your best option

For those big moves, competitive pricing & strong customer service are key.

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 South Korea, they will keep you safe and relaxed while your money moves into KRW.

Understanding the costs involved when transferring money to South Korea from United Kingdom

When calculating the cost of sending money from the United Kingdom to South Korea, a combination of fees and exchange rates ensure the best deal:

The Mid-Market and Exchange Rates: The current GBP-KRW mid-market rate is 1,863.4918 KRW per Pound Sterling. Finding a provider as close to this number as possible will ensure more Won for your money.

  • As a comparison, the GBP-KRW mid-market rate for the past week has averaged 1,859.6513 KRW per Pound Sterling, hitting a high of 1,863.0255 and a low of 1,854.8696.

  • Wise is currently offering the best exchange rate on transfers between the United Kingdom and South Korea.

  • Often the GBP-KRW exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to South Korea.

Fees: Transfer fees are charged on top of a transfer. Panda Remit currently offers lowest fees of 4 GBP. Although we recommend searching for your exact send amount for an exact fee.

Amount Received: The total amount received in Won is the biggest indicator in the total cost of sending money to the United Kingdom from South Korea. The higher the total amount received in South Korea, the lower the cost of sending from the United Kingdom.

Track the exchange rate for Pound Sterling to Won

Sending money at the right time between GBP and KRW can make a huge difference to overall cost. The exchange rate impacts how much KRW you get for your GBP.

Mid-market Rate
1 
=
1863.491836 
KRW

Over the last 7 days, the average numbers are:

  • The exchange rate from GBP to KRW averaged 1,859.6513 KRW.

  • The highest value recorded was 1,863.0255 KRW, while the lowest was 1,854.8696 KRW.

  • 11 providers currently offer transfers between the United Kingdom and South Korea close to this rate.

Want to secure the best GBP-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 South Korea!

Funding your United Kingdom to
South Korea transfer

  • Bank transfers

    The default option for sending money from the United Kingdom to South Korea is often a bank transfer.

    Using a money transfer company such as Panda Remit for transfers from the United Kingdom to South Korea, allows for sending via a bank transfer while benefiting from lower fees and more favorable exchange rates. 


    From the 11 we tested, the cheapest provider for bank transfers from GBP to South Korea is Panda Remit.

    With the fee of GBP4 to send money from the United Kingdom to South Korea, Panda Remit offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money from the United Kingdom to South 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 South Korea.

  • Credit cards

    We recommend using a bank transfer or a debit card deposit instead of a credit card, as many companies do not allow direct deposits with a credit card and are usually more expensive.

    If you absolutely need to deposit with a credit card, we recommend running a quick comparison search to find the company that fits your needs.

    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 South 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 South Korea.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to KRW.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

How much money can be transferred from United Kingdom to South Korea?
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Can I send money from United Kingdom to South Korea with MoneyTransfers.com?
What are the typical transfer fees for sending Pound Sterlings to South Korea through various providers?
How long does it take to send money from United Kingdom to South Korea?
What is the best exchange rate I can get for sending money from United Kingdom to South Korea?
Are there any minimum or maximum transfer amounts for sending money from United Kingdom to South Korea?
Can I schedule regular transfers between United Kingdom and South Korea?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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