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Sending Money to a Friend In Korea

How to send money from a Korean account to another Korean account:

With Nonghyup bank there is a 2,000 won fee to tranfer money from one account to another account.

You will need:

  • Name of bank to send money to
  • The account number
  • Name of account bearer

Process:

Fill out a form and bring it to the counter. The fee can be automatically withdrawn from your account or you can pay it at the counter.

Transfers overseas

What about transfering money to an American account? Do they do that and how much does it cost?