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.

- Option C : Send money in Korean Won after exchanging your currency, without paying all local and overseas bank charges.

- Option D : Send money in Korean Won after exchanging your currency, covering all local and overseas bank charges from your account.

 

 

Under Options C and D, you may incur extra charges as a higher exchange rate would be applied compared to the rates of banks in Korea. Moreover, wire transfers in Korean Won take longer than those in US dollars.

 

Therefore, we do not recommend Options C or D.

 

For Options B and D, you may be charged a much higher beneficiary bank charge, typically around USD 20 to USD 40.

However, if the beneficiary bank charge is requested from us in Korea, the charge would only be KRW 10,000 (around USD 7.71).

 

Thus, we strongly recommend sending money via Option A.