Send money to Korea from Singapore
Send high-speed business transfers to global suppliers and employees in Korea from Singapore 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.
Save more on every transaction with Airwallex
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 SGD, 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 Singapore
Fund your account
Deposit SGD 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
Register for an Airwallex Account
Register for your free Airwallex [business account](https://www.airwallex.com/sg/business-account) and open a domestic or foreign currency account in minutes
Fund your account and convert funds
Fund your account with your SGD and instantly convert funds to KRW with access to interbank rates
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 (Singapore) Pte. Ltd. is licensed in Singapore as a Major Payment Institution (license number PS20200541) and is regulated by the Monetary Authority of Singapore (MAS). Customer funds are safeguarded as required by MAS.
See What Brands Work with Airwallex
"Before Airwallex, we had no idea when our payments were going to reach our suppliers. Using Airwallex instead of traditional banks has increased the speed of our overseas transfers and optimised our cashflow significantly. We've also saved up to 99% of our TT and FX fees."
Ying Tze Her
Chief Operating Officer, Saturday Club
"Singapore is a small market. Businesses who wish to make decent earnings have to export to other markets, at some point. Before Airwallex, we had to travel physically to China to pay our suppliers. Now, we can transfer money in minutes. If Airwallex isn't around, I think a lot of traditional businesses will take a very long route to success."
Emily Chu
Co-founder, Hey! Chips
“Typically, traditional banks take up to 2-3 days to process a transaction. With Airwallex, we can make same-day transfers around the clock and pay our employees all over the world easily.”
Dominic Law
CEO, World of Neopets
"I’m so thankful that Airwallex exists! Airwallex allows me to exchange currencies at really great rates, and the interface is very modern and easy to use compared to my bank. We save so much money with Airwallex! In just a few months, we've already saved more than SGD$13,000 in unnecessary bank fees!"
Jennifer Chong
Co-founder, Linjer
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 banks, Airwallex 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?
Register for an Airwallex business account and open a domestic or foreign currency account in minutes
Fund your account with your AUD and instantly convert funds to KRW with access to interbank rates
Send money to suppliers or employees in Korea within a few hours to business day. Your recipient will receive the exact amount, guaranteed
Sign up online
Borderless global transfers
See other popular currencies for [international money transfers](https://www.airwallex.com/sg/business-account/transfers/) from Airwallex.
