Sending Money Home from South Korea

Koreans want you to spend your money in their country and therefore may put restrictions on the amount of money you can transfer out. However, it is your money and there are plenty of resources that allow you to send it home if you wish. Your local bank and other well-known companies such as Western Union and MoneyGram are located all throughout Korea to provide the services that you need. Most banks offer services to transfer funds internationally for a small service fee (your home bank may also charge a fee to receive the money). However, many banks put a limit on the amount of money you can transfer