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Top Providers For transfers from the USA to South Korea
Based on 1,534 comparisons made by Monito users in the past 3 months.
Compare live results- Panda Remit Monito Score 8.7
Cheapest
Go to Panda Remit Cheapestin 40% of all comparisons
Fastestin 74% of all comparisons
- Wise Monito Score 9.5
Top rated
Go to Wise Top ratedin 100% of all comparisons
Best of 7 providers. Compare all
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1 USD = KRW Mid-market exchange rate
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Advertiser disclosure
Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best-suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from the USA to South Korea:
Best Ways to Send Money from the USA to South Korea
- The best rated: Wise (9.5/10)
- The cheapest: Panda Remit and Remitly
- The fastest: Panda Remit
Frequently Asked Questions
What's the cheapest way to send money from the USA to South Korea?
The cheapest way to send money from the USA to South Korea is through an online provider. Among the 7 available, Panda Remit was most often the cheapest provider (in 39.5% of the searches on Monito.com in the past 3 months).
What are the best providers to send money from the USA to South Korea?
Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com:
- Panda Remit (cheapest in 39.5% of the searches)
- Remitly (cheapest in 31.8% of the searches)
- Instarem (cheapest in 14.2% of the searches)
How much does it cost to send money from the USA to South Korea?
If you send money with the cheapest available provider, the total cost of a USD-KRW transfer was 0.3% of the transfer amount (including all fees and exchange rates) over the past month.
In contrast, the cost of the most expensive option was 6.6%.
What is the fastest option to send money from the USA to South Korea
The provider that was most often the fastest provider in comparisons of the past 30 days was Panda Remit (average fastest transfer time: In minutes)
About Money Transfers from the USA to South Korea
Monito compares 7 providers offering international money transfer services from the USA to South Korea. The total cost of the cheapest available option at any given point in the past month was 0.3% of the transferred amount. In comparison, the total cost of the most expensive provider was on average 6.6%.
| 💸 Number of providers | 7 |
|---|---|
| 🏆 Cheapest provider (on average) | Panda Remit |
| 💰 Lowest total cost (on average) | 0.3% |
| 💰 Highest total cost (on average) | 6.6% |
| 💸 Most transferred amount | 1000 USD |
| ⚡ ️Fastest transfer time | In minutes |
| 💳 Pay-in options | Bank transfer, Debit card, Credit card, Direct bank payment |
| 💵 Pay-out options | Bank account |
| 👍 Recommended providers | XE Money Transfer, Instarem, Remitly, Wise, CurrencyFair, Panda Remit, OFX |
Best Rated Providers to Send Money from the USA to South Korea
9.5
Monito Score 2023
- Customer Satisfaction 9.5
Go to Wise
9.1
Monito Score 2023
- Customer Satisfaction 9.4
Read the full review
8.8
Monito Score 2023
- Customer Satisfaction 8.5
Read the full review
8.7
Monito Score 2023
- Customer Satisfaction 6.8
Read the full review
8.5
Monito Score 2023
- Customer Satisfaction 7.8
Read the full review
8.4
Monito Score 2023
- Customer Satisfaction 8.2
Read the full review
8.1
Monito Score 2023
- Customer Satisfaction 8.4
Read the full review
See Monito's In-Depth Money Transfer Guides
Everyone wins, except expensive solutions
With our model, the only losers are the expensive banks or providers you’ll stop using!
To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.
We include as many providers as possible in our comparison and have partnerships with almostall major and innovative providers.
We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.
You save money on your transfer by selecting the cheapest provider.
The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.
Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.
Questions you may have
How can I use Monito to find the best option to send money to South Korea?
Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
I simply use my bank to send money to South Korea, do I really need to compare other options?
Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Can I trust a company I found on Monito but never heard about before?
Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Is it possible to send money with Monito, or are you just a service to compare money transfer services?
Monito is not a money transfer company. We’re here to help you find the best way to send money to South Korea.
Why Trust Monito?
You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.
Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.
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Monito is Trusted by 15+ Millions Users across the globe.
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Mid-market exchange rate
To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source fromXE.
