Send money to Korea from Canada

Send high-speed business transfers to global suppliers and employees in Korea from Canada at low interbank rates. Funds are received fast, secure, and in as little as one business day at the full amount, guaranteed. Get an Airwallex Business Account and benefit from market-leading FX rates on every transaction, big or small, with zero hidden fees.

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Save more on every transaction with Airwallex

CA
CAD
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FX fee

 

Interbank rate

 

KR
KRW
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Where possible, payments are made using Airwallex’s local network to eliminate transaction fees and deliver your funds faster and in full. Please note that the rate available at the time you book a FX conversion on the Airwallex platform may be different. We may charge additional transfer fees, for example to cover the cost of using the SWIFT network. For more information, please review our Terms and Conditions, Fee Schedule and Country Payout Guide.

 Why choose Airwallex for business transfers to Korea

Pay your global suppliers and employees without the expense and hassle of the traditional banking system.

150+ countries and regions, 60+ currencies

Have payments received in as little as one business day with the full amount on delivery guaranteed.

Access interbank rates

Enjoy market-leading FX rates no matter the transaction size and avoid hidden transaction fees.

Work smarter, not harder

Use batch transfers to send funds in one go to multiple recipients around the world, each with a specified amount.

Simplify your bookkeeping

Connect Airwallex to your favourite accounting software in just a few clicks to automatically reconcile transfers.

FX & Transfers

How to save money when you send money to Korea

Send money in fast and in full

Simply load your account with CAD, convert funds to KRW on the mid-market conversion rate, and send your payment.

Simple, low fees

We charge a small, transparent fee on top of interbank rates. Avoid international transaction fees, sign up fees, and any other hidden fees typically charged by our competitors.

Pay your suppliers like a local

Improve cash flow by paying your suppliers in KRW via the local clearing system. This ensures your funds spend less time in transit and more time in your account.

Fast, cost-effective international transfers

How to send money to Korea from Canada

Fund your account

Deposit CAD into your account 

Convert funds

Instantly convert funds to KRW

Send your payment

Your recipient receives the entire amount you send

Our global transfer method network

How long will it take to send money to Korea?

Approximately 70% of transactions are processed within a few hours to one business day, thanks to Airwallex's extensive range of local and international transfer methods. By integrating with local payment systems in more than 120 countries and regions, we provide you with the quickest, most affordable payment solutions available.

High speed international transfers

Best ways to send money to Korea

1

Register for an Airwallex Account

Register for your free Airwallex business account and open a domestic or foreign currency account in minutes

2

Fund your account and convert funds

Fund your account with your CAD and instantly convert funds to KRW with access to interbank rates

3

Send your payment

Send money to suppliers or employees in Korea within one business day. Your recipient will receive the exact amount, guaranteed

Secure and reliable global money movement

How reliable and safe are Airwallex transfers to Korea?

24/7 proactive security

Our modern infrastructure, coupled with best-in-class security controls and providers, ensure your funds and accounts are secure 24/7.

Top international security standards

Airwallex adheres to the highest international security standards including PCI DSS, SOC1, and SOC2 compliance, in addition to meeting local regulatory requirements.

Compliance assured

Airwallex (Canada) International Payments Ltd is registered as a Money Service Business (MSB) at the federal level with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) (registration number M19395067) in Canada.

See what brands work with Airwallex

Airwallex Testimony

"Airwallex will save us $150,000 to $180,000 annually in hidden FX markups compared to traditional banking service providers. They are banking and foreign currency simplified. With Airwallex, we have one website where we can do everything it took three people to do before.”

Dean Beck

Vice President, HJS Packaging and Distribution

Airwallex Testimony

"Airwallex saves us about $70,000 annually just in lower bank transfer fees. They are helping us build a stronger financial foundation for a growing global company. Airwallex's platform offers speed and transparency at a lower cost. We always know where our money is going and when it will get there with Airwallex."

Hari Polavarapu

CEO, Taxila Stone

Airwallex Testimony

“Airwallex has been a game changer for us. I cannot recommend these guys enough. The forex services are super efficient and super competitive. The customer service is not gold-plated, it's solid gold. One of the best eCommerce services for merchants we have come across since PayPal hit the scene 20 years ago."

Murray Kester

CEO, Cosmetics Now – eCommerce

Airwallex Testimony

"Airwallex has made it possible for us to grow quickly across global markets while controlling our FX and transfer fee costs. Clocky wants to expand its product offering beyond alarm clocks and increase revenue per channel. Airwallex will be a big part of achieving those goals."

Gauri Nanda

CEO, Clocky

Frequently asked questions

What is the best way to send money to Korea?

There are several ways to transfer your money overseas. Compared to traditional multi-currency business accounts, Airwallex Business Accounts can offer better exchange rates with no (or low) transaction fees, with your money received faster, which can vary based on the transfer amount and currency pair. 

How long does it take to send money to Korea?

Airwallex can payout to over 150 countries, with over 120 countries leveraging local transfer networks. Depending on where you’re sending money to, it can arrive within the same day, or within hours.

How do you send money to Korea?

  1. Register for an Airwallex business account and open a domestic or foreign currency account in minutes.

  2. Fund your account with your CAD and instantly convert funds to KRW with access to interbank rates.

  3. Send money to suppliers or employees in Korea within a few hours to a business day. Your recipient will receive the exact amount, guaranteed.

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