Sending Money Home — Info
Hangukin does not provide a remittance service — the below is general information only. To send money home, use a bank or a fintech registered as a “small-amount overseas remittance business” with the financial authorities. Even for the same amount, the rate, fees, and speed differ by service, so before sending, compare “applied rate + fees + received amount + speed” together. ⚠️ Rates and fees vary by provider and timing (we do not quote fixed figures here).
What you need
- ARC (or passport)
- A bank account in your name
- A phone in your own name (for verification)
- Recipient details (name, account, country)
How to
- 1Choose where to send — a bank or a “registered” remittance operator.
- 2Sign up and verify your identity (ARC, phone in your own name).
- 3Enter recipient details (name, account, country) accurately.
- 4Check the applied rate, fees, estimated received amount, and time on screen.
- 5Compare a few options, then confirm and send.
Tips
- The received amount differs by service even for the same send — always compare the rate and fees (we do not quote fixed figures).
- Examples of remittance services: Hanpass, Sentbe, Wise, etc. (examples for comparison, not endorsements).
- 🚨 Never use “hwanchigi” (informal/unregistered private transfers) — it violates the Foreign Exchange Transactions Act, and you risk being caught up in fraud/money laundering, account freezes, and punishment. Use only properly registered operators.
- 🚨 If a stranger says “receive money in your account and forward it, I’ll pay you a fee,” it is 100% a crime — lending/transferring your bankbook violates the Electronic Financial Transactions Act (up to 5 years in prison or a fine up to KRW 30 million), and foreigners also risk deportation. Never agree.
- 🚨 If you barely know the recipient but they demand an upfront “deposit first,” it may be a scam — be especially careful with first or large transfers.
- If unsure whether a remittance operator is registered, check the FSS “FINE” portal (fine.fss.or.kr) for small-amount overseas remittance registration.
Key contacts
- FSS ☎1332 — financial counseling/complaints; for illegal lending or voice phishing, dial 1332 (→ menu 3)
- Police ☎112 — report voice-phishing/remittance fraud (also stops the payment)
- FSS consumer portal “FINE” fine.fss.or.kr — check registered remittance operators
Solve it with a tool
Related guides
This is general information, not an ad or referral. Rates, fees, and conditions change often — always verify with each service or financial institution before use. ⚠️ Never use illegal high-interest lenders.
Last updated: 2026-06-09