Reliable yet cheaper ways to transfer money from US to Korea?
August 14, 2015 3:56 AM Subscribe
Looking for recommendations for currency transfer services that are reputable, reliable and won't tack on as many fees as an international bank wire. This is for sending from a personal bank account in the US (from USD) and transferring to a personal bank account in South Korea (to KRW). In case it makes a difference, I'm interested in both of these scenarios:
- When the same person owns both bank accounts (sending and receiving). They're different banks, though.
- When the owner of the sending account is different from the recipient. Also different banks.
Searched through some older threads about currency transfers, and came across xe.com a few times -- is XE Trade a good option for South Korea? Any other services you've used and like, or didn't like?
Other services -- any opinions on these?
usforex.com
Payoneer (I couldn't find a lot of details on fees and requirements on the Payoneer site but maybe I was looking in the wrong place.)
I also saw these, but KRW isn't one of their supported currencies:
TransferWise
CurrencyFair
Currencies Direct
Thanks for any suggestions you have!
- When the same person owns both bank accounts (sending and receiving). They're different banks, though.
- When the owner of the sending account is different from the recipient. Also different banks.
Searched through some older threads about currency transfers, and came across xe.com a few times -- is XE Trade a good option for South Korea? Any other services you've used and like, or didn't like?
Other services -- any opinions on these?
usforex.com
Payoneer (I couldn't find a lot of details on fees and requirements on the Payoneer site but maybe I was looking in the wrong place.)
I also saw these, but KRW isn't one of their supported currencies:
TransferWise
CurrencyFair
Currencies Direct
Thanks for any suggestions you have!
This thread is closed to new comments.
posted by gorcha at 4:14 AM on August 14, 2015