Send money to South Korea
Send money from Australia to South Korea online using our secure platform. Get started today with no sign-up fees and zero monthly account fees.
Start saving on money transfers to South Korea
The above FX rate includes includes our standard customer margin. For payments made using SWIFT, we charge a fee from AUD $10, which is not factored in with this cost. You can avoid SWIFT fees by using other payment options. For more information, please review our Fee Schedule and Country Payout Guide.
“Massively simplifies the challenge of doing business overseas”
“Enables businesses to manage cross-border payments easily and cheaply”
“Australia’s fastest growing $1 billion dollar start up”
“Airwallex is the highest ranked Australian firm at #32” - Top Global 100 Fintech
The fastest way to send money to South Korea from Australia
Send money fast & in full
Simply login to the online platform, load your wallet, convert AUD into South Korean Won and send your payment. Your payment will be received in one business day or less.
Simple, low fees
Pay just 0.6% above our transparent, interbank exchange rate when converting Australian Dollar into South Korean Won. No international transaction fees, no sign up fees.
Pay your suppliers like a local
Free up cash flow by paying your suppliers via the local clearing system, meaning your funds spend less time in transit and more time in your account.
How to send money to South Korea from Australia
Fund your wallet
Deposit AUD directly into your wallet using your online banking.
Convert funds to KRW
We use the real mid-market conversion rate, with your funds available instantly.
Send your payment
Your money will be received by your recipient in one business day or less.
How long will a money transfer to South Korea take?
Airwallex can help you pay suppliers, staff and businesses in South Korea within one business day or less. We transfer funds using South Korea's local banking network so your Korean Won payments are received fast, and in full.
Manage your business finances from a single platform
Make payments with Airwallex Borderless Cards
Use funds stored in your wallet to make payments using virtual Visa debit cards, without getting stung with international transaction fees.
The platform built for growing businesses
Get access to a wealth of tools built for business such as batch payment capabilities and integrations with popular platforms like eBay, PayPal & Shopify.
How much does an international payment cost?
Send payments to countries using the local currency (i.e. USD to US) for free with our proprietary, local payment technology. We only charge a small margin on FX conversions. To send money overseas, see the below currencies we support.
Access interbank rates² + 0.6% fees
Sending non-local currencies overseas (e.g. USD to China)? We can still help but we will need to use the SWIFT network and charge a small payment fee from $10AUD. This is to cover the cost of using the SWIFT network.
²Where possible, we offer live exchange rates. Click here to find out more.
*CNY has an additional 0.1% payout fee. Will require additional information to enable, please speak to one of our product specialists
**To pay suppliers in these currencies, please speak to one of our product specialists here
Make bookkeeping a breeze
Quick and easy integration
Link your Airwallex and Xero accounts in just a few clicks.
Multi-currency transaction syncing
Sync your multi-currency Airwallex transactions to Xero, including who made the transaction and where.
Ensure your Xero transaction records are up to date for your accountant or bookkeeper.
Send money internationally in 40+ currencies
Powerful tools to manage your business finances
Reduced banking time
Save contacts and set up recurring payments to make your future banking easier.
Easy batch payments
Paying multiple suppliers or staff members? Upload a .csv file into Airwallex and make bulk payments all at once.
Create multiple users
Create multiple different roles in your account and assign them to users to approve and schedule payments.
Lock in great FX rates
Convert your AUD into KRW ahead of time and lock in great exchange rates. Store these funds in your KRW wallet for future payments.
See how our customers are finding Airwallex
Frequently Asked Questions
What is the best way to send money to South Korea?
Sending money to South Korea can be a challenge if you go through the banks. So if you’re looking for the best way to send money to South Korea, an Airwallex business account transfer is an efficient alternative. There are no sign-up fees, no international transaction fees, and you can make your payment faster.
How much money can I transfer to South Korea?
Businesses rely on flexibility, so you may need to money transfer larger amounts of Won to South Korea. Airwallex is designed for businesses of all sizes, so you can transfer up to KRW1,000,000,000 in one go. There may be some in-country limits to be aware of, depending on the specific bank or banking network, so be sure to check with your Account Manager first.
How long does it take to send money to South Korea?
We’ve made it easy to send currency to South Korea. Simply log in to your Airwallex account, load money into your digital wallet and make your KRW payment to the desired account. Your money will arrive in one business day, or less. You can keep your cashflow free and help your suppliers and staff get paid faster.
You don't need a bank to run your business
Start winning new markets today. Open an account in minutes, and join thousands of businesses already using Airwallex to streamline their finances globally.