Our fees are changing on transfers from USD to KRW.

29.01.18
1 minute read

We have some news. Our fees are changing on transfers from USD to KRW.

Here’s how much your transfers will now cost, depending on the amount you send:

Amount Old fee New fee Difference Payment method
$100 $3.00 $2.70 $0.30 cheaper Direct Debit
$250 $3.80 $4.50 $0.70 more Direct Debit
$500 $7.50 $7.50 $0.00 Direct Debit
$750 $11.30 $10.50 $0.80 cheaper Direct Debit
$1,000 $15.00 $13.50 $1.50 cheaper Direct Debit
$2,500 $37.50 $31.50 $6.00 cheaper Direct Debit
$5,000 $75.00 $61.50 $13.50 cheaper Direct Debit
$10,000 $135.00 $106.50 $28.50 cheaper Wire
$25,000 $315.00 $264.00 $51.00 cheaper Wire
$50,000 $615.00 $526.50 $88.50 cheaper Wire

The fee used to be 1.5% on amounts up to $5,000, and 1.2% on any remaining amount over $5,000.

The new pricing will be:

  • $1.50 + 1.20% for direct debit and debit cards,
  • $1.50 + 1.05% for wire transfers (note that your bank is likely to charge you $25-50, on top of our fees, for wires),
  • $1.50 + 2.90% for credit cards.

You can read more about why we've made this change here.

TransferWise is the smart, new way to send money abroad.

Find out more