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Buyers are responsible for all remittance charges incurred during international money transfers via wire transfer (T/T) or PayPal.

 

From our experience, these charges typically range from USD 30 to USD 50, which is why we ask clients to send an additional USD 50 to cover these charges.

 

In terms of wire transfers (Bank Transfer), there are three types of remittance charges:

 

- Charges from your bank (the local bank)

- The intermediary bank

- Our bank (the beneficiary bank)

 

Some banks require a US intermediary bank to process wire transfers, and this may result in an additional fee.

 

The intermediary bank may deduct this fee from the payment, which is why the amount we receive is occasionally less than the amount you transferred.

 

Furthermore, there is a beneficiary bank charge, which is a transfer fee required by our bank's head office.

Your transferred money will be sent to a corresponding bank (not directly to our account), and the banks will deduct fees from the transferred amount.

 

When we receive the payment via international transfer, we provide the buyers with a copy of the bank's page showing exactly how much bank fees were deducted and what exchange rate was applied, so that buyers can easily understand the breakdown of the transaction.


FAQs

Please check frequently asked questions before sending us inquiries.

  1. I want to save remittance charges.

    You can remit money to us in one of four ways: - Option A : Send money in US dollars without paying all local and overseas bank charges. - Option B : Send money in US dollars, covering all local and overseas bank charges from your account. -...
    CategoryPayment Views80
    Read More
  2. I want to send money by Paypal.

    Our primary method of payment is via wire transfer (T/T). While payments made through Paypal are quickly deposited into our Paypal account, it takes a considerable amount of time for us to transfer the money from our Paypal account to our ba...
    CategoryPayment Views84
    Read More
  3. What is remittance charge and who pays that?

    Buyers are responsible for all remittance charges incurred during international money transfers via wire transfer (T/T) or PayPal. From our experience, these charges typically range from USD 30 to USD 50, which is why we ask clients to send ...
    CategoryPayment Views100
    Read More
  4. I want to pay by my own country's currency.

    We usually provide the total amount in KRW/USD for T/T payment method. However, we can also accept other currencies like USD, HKD, RMB, etc. In such case, we provide an exchange rate which clients must adhere to. When you send us your order ...
    CategoryPayment Views141
    Read More
  5. What is supply rate?

    Supply rate is the contrary concept of discount rate. If the supply rate of A brand is 55%, it means we supply A brand at 45% of the retail price. For example: The retail price of A product is 10,000 won and supply rate is 55%, 5,500 won (=1...
    CategoryPayment Views107
    Read More
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