Send money to South Korea
Send money from Singapore to South Korea using our secure online platform. Get started today with no signup fees and zero monthly fees.
Start saving on money transfers to South Korea
Regulated by MAS
Airwallex (Singapore) Pte. Ltd. is licensed in Singapore as a Major Payment Institution and is regulated by the Monetary Authority of Singapore (License No. PS20200541)
“Enables businesses to manage cross-border payments easily and cheaply”
“Massively simplifies the challenge of doing business overseas”
“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
Send money fast & in full
Simply load your wallet, convert SGD into KRW and send your payment. Your payment will be received in two business days or less.
Simple, low fees
Pay just 0.6% above our transparent, interbank exchange rate when converting Singapore 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 Singapore
Fund your wallet
Deposit SGD 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 KRW payments are received fast, and in full.
How much does an international transfer cost?
Our base rate + 0.4% fees
Our base rate + 0.6% fees
Sending non-local currencies overseas (e.g. USD to Australia)? We can still help but we will need to use the SWIFT network and charge a small payment fee from SGD $20. This is to cover the cost of using the SWIFT network for SHA payments.
* 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.
Security is at our core
We work with world-class security providers to ensure your funds and accounts are secure at all times.
Your data is stored and protected behind multiple layers of authentication. Two factor authentication is enabled on your account for added security.
Our security systems and procedures are based on the highest international standards including PCI Level 1 compliance.
Airwallex (Singapore) Pte. Ltd. is licensed in Singapore as a Major Payment Institution and is regulated by the Monetary Authority of Singapore (License No. PS20200541).
Hear what our customers say about Airwallex
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