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Companies for transfers from South Korea to United Kingdom
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
Overall best way: OFX
OFX scored the highest of the 6 money transfer companies supporting KRW to GBP transfers.
In total, OFX appeared in 100% of South Korea to United Kingdom searches.
For a great mix of cost, speed & features, we advise using OFX for your South Korea to United Kingdom transfer.
How to compare companies offering money transfers from South Korea to United Kingdom
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from South Korea to the United Kingdom. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to the United Kingdom.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from South Korea to your chosen country & currency.
Summary of recent searches
Considerations for sending money from South Korea to United Kingdom
Always compare ways to send money from South Korea to the United Kingdom to get the best options for fees, speed, and reliability.
Our analysis included 6 providers that operate between South Korea and United Kingdom.
Through this, you get a comprehensive view of all the options you have in South Korea when you need to send money to the United Kingdom.
Cheapest way to send money from South Korea to the United Kingdom: OFX
On average, OFX fees were 0* KRW per transfer and customers would expect an exchange rate between KRW-GBP that is -5.83% different to the mid-market rate
Against the others tested, OFX is 0% cheaper than the second-best option.
To secure a cheap way to transfer KRW to the United Kingdom, OFX is our recommendation.
*The most common fee applied to KRW-GBP by OFX, based on data from the past six months.
Fastest way to send money to the United Kingdom from South Korea: OFX.
In our comparison, we found OFX to be the fastest way to send Wons to Pound Sterling in 100% of transfers. For quick transfers between KRW and GBP, OFX comes highly recommended.
Sending money from South Korea to the United Kingdom through OFX has an average fee of 0 KRW.
To find the fastest company, we compared 6 money transfer providers for the overall speed of sending money from South Korea to the United Kingdom. This was made up of depositing Won to a money transfer account and transfer times to the United Kingdom.
When looking for the fastest money transfer, OFX is our best choice for sending into United Kingdom from South Korea.
Sending a large amount of money?
Of the 6 providers compared, OFX is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while OFX may not always be the fastest or cheapest way to send money from South Korea to United Kingdom, it's a great provider for things like buying or selling property.
Understanding the cost of sending money from South Korea to United Kingdom
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from South Korea to the United Kingdom.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Pound Sterling for your Won. The current KRW-GBP mid-market rate is 0.0006 GBP per Won.
This rate changes regularly so it can pay to track it. For comparison, the KRW-GBP mid-market rate for the past three months has averaged 0.0006 GBP per Won, with a low of 0.0006 and a high of 0.0006.
OFX is currently offering the best exchange rate from the 6 companies compared.
Often the KRW-GBP exchange rate you pay is the biggest cost factor when transferring Wons to the United Kingdom.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Won you’re sending to the United Kingdom. OFX currently has the lowest fees for transfers into GBP at an average of 0 KRW over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Pound Sterling is the biggest indicator of the total cost of sending money to the United Kingdom from South Korea. The bigger the amount received in the United Kingdom, the lower the overall cost of sending from South Korea.
How to find the best exchange rate for Won to Pound Sterling
Timing is essential for sending money between KRW and GBP. The exchange rate you secure impacts how much GBP you get for your KRW.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from KRW to GBP has seen some fluctuation. On average, it stood at 0.0006.
During this period, the highest value recorded was 0.0006, while the lowest was 0.0006.
OFX, which is our recommended service to send money online from South Korea to United Kingdom offers an exchange rate that is only -3.98% above the mid-market rate.
Want to secure the best KRW-Pound Sterling exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from South Korea to United Kingdom!
South Korea to United Kingdom money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from South Korea to the United Kingdom.
A money transfer company like OFX offer bank transfers between South Korea and the United Kingdom with lower fees and better exchange rates than you would get from a traditional bank.
On average, OFX is the cheapest provider for bank transfers of the 6 we tested when sending KRW to the United Kingdom.
OFX has an average fee of
0 KRW for money transfersfrom South Korea to the United Kingdom. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from South Korea to the United Kingdom with a debit or a prepaid card is very simple with .
is a leader in debit card payments for transfers from South Korea to the United Kingdom, competing among a total of 6 active money transfer companies on this route.
Credit cards
is our top choice of the 6 companies offering credit card transfers from South Korea to the United Kingdom.Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. That's why 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 United Kingdom and South Korea.
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 South Korea to United Kingdom.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send KRW to GBP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
