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 57 banks we pay out to ↓
Reviewed · Estimated rate, as of Oct 16, 2026, 09:23 AM UTC · by Joyce Chin, Chief Operating Officer & Compliance Officer
Estimate a payout
estimate
They receive
≈ ₩1,315,905
- 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 = 1330.5407 KRW
Estimated mid-market rate, as of Oct 16, 2026, 09:23 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 or payment partner pauses a transfer for a short compliance check.
1%
either account + $1.00 fixed
1,330.5407
KRW per USD · as of Oct 16, 2026, 09:23 AM UTC
57
banks we pay out to
$1.02
minimum · up to ₩999,999,999 (about $750,000) per transfer
// worked example
Sending $1,000.00 to South Korea
You send
$1,000.00
Poplin fee (business)
−$11.00
1% + $1.00 fixed
They receive
≈ ₩1,315,905
1 USD ≈ 1,330.5407 KRW · mid-market, no markup
Sending $1,000.00 to South Korea on a personal or business account costs $11.00 and delivers ≈₩1,315,905 at the mid-market rate.
Estimated at the mid-market rate as of Oct 16, 2026, 09:23 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 or payment partner pauses a transfer for a short compliance check. |
| Transfer size | $1.02 minimum · up to ₩999,999,999 (about $750,000) per transfer |
| Exchange rate | Mid-market, no markup (1 USD ≈ 1,330.5407 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 Poplin account from South Korea — see every country you can open one from.
How to send USD to South Korea
- 1
Open your Poplin 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 Poplin accounts land in seconds, and bank payouts arrive in real time over local bank transfer, Interbank transfer. Occasionally a banking or payment partner pauses a transfer for a short compliance check. Poplin 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. Poplin can’t spend, move, or freeze your balance. Occasionally a banking or payment 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?
Poplin pays out to 57 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 Poplin’s payout provider states and can change.
Account
Can I open a Poplin account in South Korea?
Yes. South Korea is one of the countries Poplin 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; Poplin 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 Australia 1% + $1.00 · same or next day
- BDT Bangladesh 1% + $1.00 · next day
- BOB Bolivia 1% + $1.00 · same day
- BRL Brazil 1% + $1.00 · real time
- CAD Canada 1% + $1.00 · next day
- CLP Chile 1% + $1.00 · next day
- CNY China
- COP Colombia 1.4% + $1.00 · next day
- CRC Costa Rica 1% + $1.00 · real time
- CZK Czechia 1% + $1.00 · same day
- DKK Denmark 1% + $1.00 · same day
- DOP Dominican Republic 1% + $1.00 · same day
- USD Ecuador 1% + $1.00 · same day
- EGP Egypt 1% + $1.00 · same day
- USD El Salvador 1% + $1.00 · same day
- EUR Eurozone 1% + $1.00 · real time to next day
- GHS Ghana 1% + $1.00 · real time
- GTQ Guatemala 1% + $1.00 · same day
- HNL Honduras 1% + $1.00 · same day
- HKD Hong Kong SAR China 1% + $10.00 · real time
- INR India 1% + $1.00 · real time
- IDR Indonesia 1% + $1.00 · real time
- ILS Israel 1% + $1.00 · next day
- JMD Jamaica 1% + $1.00 · next day
- JPY Japan 1% + $1.00 · same day
- JOD Jordan 1% + $1.00 · next day
- KES Kenya 1% + $1.00 · real time to 3 days
- MYR Malaysia 1% + $1.00 · real time to next day
- MXN Mexico 1% + $1.00 · real time
- NGN Nigeria 1% + $1.00 · real time
- NOK Norway 1% + $1.00 · same day
- PKR Pakistan 1% + $1.00 · real time
- PEN Peru 1% + $1.00 · next day
- PHP Philippines 1% + $1.00 · real time
- PLN Poland 1% + $1.00 · same day
- QAR Qatar 1% + $1.00 · next day
- RON Romania 1% + $1.00 · same day
- SAR Saudi Arabia 1% + $1.00 · same day
- SGD Singapore 1% + $1.00 · real time
- ZAR South Africa 1% + $1.00 · next day
- LKR Sri Lanka 1% + $1.00 · same day
- SEK Sweden 1% + $1.00 · next day
- CHF Switzerland 1% + $1.00 · next day
- TZS Tanzania 1% + $1.00 · 2 days
- THB Thailand 1% + $1.00 · real time to next day
- TRY Türkiye 1% + $1.00 · real time
- AED United Arab Emirates 1% + $5.00 · real time
- GBP United Kingdom 1% + $1.00 · real time
- USD United States 1% + $0.50–$20.00 · same day
- VND Vietnam 1% + $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 57 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.
- Bank Of China
- BNP Paribas Bank
- BOA Bank
- Bookook Securities
- Busan Bank
- Cape Investment Securities
- China Construction Bank
- Citi Bank
- Daegu Bank
- Daishin Securities
- DB Financial Investment
- Deutsche Bank
- eBEST Investment & Securities
- EUGENE Investment & Securities
- Hana Bank
- Hana Financial Investment
- Hanwha Investment & Securities
- HI Investment & Securities
- HSBC Bank
- Hyundai Motor Securities
- IBK Securities
- Industrial And Commercial Bank Of China
- Industrial Bank of Korea
- Jeju Bank
- JeonBuk Bank
- JPMorgan Chase Bank
- K Bank
- Kakao Bank
- Kakao Pay Securities
- KB Securities
- KIWOOM Securities
- Kookmin Bank
- Korea Development Bank
- Korea federation of Community Credit cooperative
- Korea Foss Securities
- Korea Investment & Securities
- Korea Post Office
- Kwangju Bank
- Kyobo Securities
- Kyongnam Bank
- Meritz Securities
- Mirae Asset Securities
- National Credit Union Federation of Korea
- National Forestry Cooperative Federation
- NH Bank - Nonghyup Bank
- NH Investment & Securities
- Samsung Securities
- Saving Bank
- Shinhan Bank
- Shinhan Investment
- Shinyoung Securities
- SK Securities
- Standard Chartered First Bank Korea
- Suhyup Bank
- Toss Bank
- Woori Bank
- Yuanta Securities
as of September 26, 2026
Send USD to South Korea.
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