KRW payouts · arrive in minutes
Send USD to South Korea, at the mid-market rate.
Pay out to a bank account in South Korean won (KRW) from a US-dollar account in your own name. You see the fee and the exact amount your recipient gets before you send.
See the 21 banks we pay out to ↓
Updated · Estimated rate, as of Aug 20, 2026, 11:27 AM UTC · Reviewed by Joyce Chin, Chief Operating Officer & Compliance Officer
Estimate a payout
estimate
They receive
≈ ₩1,379,508
- AED — UAE dirham
- ARS — Argentine peso
- AUD — Australian dollar
- BDT — Bangladeshi taka
- BOB — Bolivian boliviano
- BRL — Brazilian real
- CAD — Canadian dollar
- CHF — Swiss franc
- CLP — Chilean peso
- CNY — Chinese yuan
- COP — Colombian peso
- CRC — Costa Rican colón
- CZK — Czech koruna
- DKK — Danish krone
- DOP — Dominican peso
- EGP — Egyptian pound
- EUR — euro
- GBP — British pound
- GHS — Ghanaian cedi
- GTQ — Guatemalan quetzal
- HKD — Hong Kong dollar
- HNL — Honduran lempira
- IDR — Indonesian rupiah
- ILS — Israeli new shekel
- INR — Indian rupee
- JMD — Jamaican dollar
- JOD — Jordanian dinar
- JPY — Japanese yen
- KES — Kenyan shilling
- KRW — South Korean won
- LKR — Sri Lankan rupee
- MXN — Mexican peso
- MYR — Malaysian ringgit
- NGN — Nigerian naira
- NOK — Norwegian krone
- PEN — Peruvian sol
- PHP — Philippine peso
- PKR — Pakistani rupee
- PLN — Polish zloty
- QAR — Qatari riyal
- RON — Romanian leu
- SAR — Saudi riyal
- SEK — Swedish krona
- SGD — Singapore dollar
- THB — Thai baht
- TRY — Turkish lira
- TZS — Tanzanian shilling
- VND — Vietnamese dong
- ZAR — South African rand
No matches
1 USD = 1394.8512 KRW
Estimated mid-market rate, as of Aug 20, 2026, 11:27 AM UTC. The fee comes out of the amount you send, so the recipient gets the rest. The exact amount is shown before you confirm.
Delivery time
Minutes
bank payouts to South Korea arrive in real time over local bank transfer, Interbank transfer. Occasionally a banking partner pauses a transfer for a short compliance check.
1%
either account + $1.00 fixed
1,394.8512
KRW per USD · as of Aug 20, 2026, 11:27 AM UTC
21
banks we pay out to
$1.02
minimum · up to ₩999,999,999 (about $720,000) per transfer
// worked example
Sending $1,000.00 to South Korea
You send
$1,000.00
Maash fee (business)
−$11.00
1% + $1.00 fixed
They receive
≈ ₩1,379,508
1 USD ≈ 1,394.8512 KRW · mid-market, no markup
Sending $1,000.00 to South Korea on a personal or business account costs $11.00 and delivers ≈₩1,379,508 at the mid-market rate.
Estimated at the mid-market rate as of Aug 20, 2026, 11:27 AM UTC; the exact amount your recipient receives is shown before you confirm.
// the details
Sending USD to South Korea: the details
| Detail | Value |
|---|---|
| Payout currency | South Korean won (KRW) |
| Delivery method | Bank transfer |
| Delivery time | In real time over local bank transfer, Interbank transfer. Occasionally a banking partner pauses a transfer for a short compliance check. |
| Transfer size | $1.02 minimum · up to ₩999,999,999 (about $720,000) per transfer |
| Exchange rate | Mid-market, no markup (1 USD ≈ 1,394.8512 KRW) |
| What you need | Your recipient’s bank details in South Korea — the account name, account number, and any local routing code. |
Every way we pay out to South Korea
Each network runs on its own schedule. Which one a payout uses depends on the bank details your recipient has.
| Currency | Paid over | Delivery time | Min | Limit | Fee |
|---|---|---|---|---|---|
| KRW | local bank transfer · local | real time | $1.02 | Up to ₩999,999,999 | 1% + $1.00 |
| KRW | Interbank transfer · local | real time | $1.02 | Up to ₩999,999,999 | 1% + $1.00 |
| USD | SWIFT | 1–4 days | $35.36 | No limit | 1% + $35.00 |
Fees shown for a personal account.
Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.
We also pay out to South Korea in USD over SWIFT (1% + $35.00 on a personal account, 0.5% + $35.00 on business).
You can also open a Maash account from South Korea — see every country you can open one from.
How to send USD to South Korea
- 1
Open your Maash account
Sign up and verify your identity. Opening a US-dollar account is free and takes a few minutes.
- 2
Add your recipient in South Korea
Enter the amount in US dollars and your recipient’s bank details in South Korea.
- 3
Confirm and send
Review the fee and the amount they’ll receive — both shown upfront — then confirm with your passkey.
Sending USD to South Korea — FAQ
Speed
How long does it take to send USD to South Korea?
Payments between Maash accounts land in seconds, and bank payouts arrive in real time over local bank transfer, Interbank transfer. Occasionally a banking partner pauses a transfer for a short compliance check. Maash tells you when that happens.
Cost
How much does it cost to send money to South Korea?
A payout to South Korea in South Korean won (KRW) costs 1% plus a $1.00 fixed fee on a personal or business account. Currency conversion uses the mid-market rate with no markup, and every fee is shown before you confirm.
Sending USD
Can I send US dollars to a bank account in South Korea?
Yes, over SWIFT. The fee is 1% + $35.00 on a personal account, 0.5% + $35.00 on business — a payout in South Korean won (KRW) costs 1% plus a $1.00 fixed fee instead, so a recipient with an account in South Korean won usually pays less. Your recipient’s account must accept US dollars.
Safety
Is my money safe while the transfer is processing?
Yes. Your funds sit in your own account and only move when you confirm a transfer with your passkey. Maash can’t spend, move, or freeze your balance. Occasionally a banking partner pauses a transfer for a short compliance check. A review delays a transfer — it never takes your money.
Banks
Which banks in South Korea can I send money to?
Maash pays out to 21 banks in South Korea. Your recipient needs an account in their own name; enter their bank details when you add them. The list is the one Maash’s payout provider states and can change.
Account
Can I open a Maash account in South Korea?
Yes. South Korea is one of the countries Maash can open an account from, so you can both hold US dollars and send to South Korea. Identity verification applies, and some countries need additional checks; Maash lists every country it can open an account from on its supported-countries page.
Send USD to other countries
All 191 payout countries →- ARS Argentina
- AUD Australia1% + $1.00 · same or next day
- BDT Bangladesh1% + $1.00 · next day
- BOB Bolivia1% + $1.00 · same day
- BRL Brazil1% + $1.00 · real time
- CAD Canada1% + $1.00 · next day
- CLP Chile1% + $1.00 · next day
- CNY China
- COP Colombia1.4% + $1.00 · next day
- CRC Costa Rica1% + $1.00 · real time
- CZK Czechia1% + $1.00 · same day
- DKK Denmark1% + $1.00 · same day
- DOP Dominican Republic1% + $1.00 · same day
- EGP Egypt1% + $1.00 · same day
- EUR Eurozone1% + $1.00 · real time to next day
- GHS Ghana1% + $1.00 · real time
- GTQ Guatemala1% + $1.00 · same day
- HNL Honduras1% + $1.00 · same day
- HKD Hong Kong SAR China1% + $10.00 · real time
- INR India1% + $1.00 · real time
- IDR Indonesia1% + $1.00 · real time
- ILS Israel1% + $1.00 · next day
- JMD Jamaica1% + $1.00 · next day
- JPY Japan1% + $1.00 · same day
- JOD Jordan1% + $1.00 · next day
- KES Kenya1% + $1.00 · real time to 3 days
- MYR Malaysia1% + $1.00 · real time to next day
- MXN Mexico1% + $1.00 · real time
- NGN Nigeria1% + $1.00 · real time
- NOK Norway1% + $1.00 · same day
- PKR Pakistan1% + $1.00 · real time
- PEN Peru1% + $1.00 · next day
- PHP Philippines1% + $1.00 · real time
- PLN Poland1% + $1.00 · same day
- QAR Qatar1% + $1.00 · next day
- RON Romania1% + $1.00 · same day
- SAR Saudi Arabia1% + $1.00 · same day
- SGD Singapore1% + $1.00 · real time
- ZAR South Africa1% + $1.00 · next day
- LKR Sri Lanka1% + $1.00 · same day
- SEK Sweden1% + $1.00 · next day
- CHF Switzerland1% + $1.00 · next day
- TZS Tanzania1% + $1.00 · 2 days
- THB Thailand1% + $1.00 · real time to next day
- TRY Türkiye1% + $1.00 · real time
- AED United Arab Emirates1% + $5.00 · real time
- GBP United Kingdom1% + $1.00 · real time
- VND Vietnam1% + $1.00 · real time
Personal-account fee and the fastest delivery time — each page lists the networks that country is reached over, the personal and business fee, and, where we list them, the banks we pay out to.
// banks
Banks we pay out to in South Korea
We can send South Korean won to accounts at these 21 banks in South Korea. The list comes from our payout provider and can change; if your recipient’s bank isn’t here, it may still be reachable — the account details you enter decide the rail.
No banks match that search. These are registered legal names as our payout provider lists them, so a brand or an abbreviation may not appear — try part of the bank’s full name. Your recipient’s bank may also be reachable even if it isn’t listed; the account details you enter decide the rail.
- Busan Bank
- Citi Bank
- Daegu Bank
- Industrial Bank of Korea
- Jeju Bank
- JeonBuk Bank
- K Bank
- Kakao Bank
- KEB Hana Bank
- Kookmin Bank
- Korea Development Bank
- Korea federation of Community Credit cooperative
- Korea Post Office
- Kwangju Bank
- Kyongnam Bank
- National Credit Union Federation of Korea
- NH Bank - Nonghyup Bank
- Shinhan Bank
- Standard Chartered First Bank Korea
- Suhyup Bank
- Woori Bank
as of August 20, 2026
Send USD to South Korea.
Open a US-dollar account in minutes. No monthly fees.