Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's KRW to JPY (South Korean Won to Japanese Yen) exchange rates

South Korea
Japan
KRW
Interbank Exchange Rate: 1 KRW = 0.1055 JPY
Updated about an hour ago

Found 2 Remittance Service Providers

airwallex
Read more about Airwallex
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 KRW =
104.00 JPY
Transfer Limit (KRW): No Limits
Indicative Rate1 KRW = 0.1040 JPY

📢 B2B transfers only
GMEREMITTANCE
Read more about GME Remittance
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 KRW =
103.50 JPY
Transfer Limit (KRW): 0 - 6000000
Locked-In Rate1 KRW = 0.1035 JPY
Refer a friend to earn KRW 5,000
Get first transfer for free

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about South Korean Won to Japanese Yen money transfers

Easily compare money transfer providers in one place to send money from South Korea to Japan. Send money overseas to your loved ones by comparing South Korean Won (KRW) to Japanese Yen (JPY) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

When making a money transfer to Japan from South Korea, we currently have 2 remittance service providers available.

Airwallex currently offers the most competitive rate for sending money to Japan and their 1 KRW to JPY exchange rate today is 0.1040.

The next best South Korean Won to Japanese Yen exchange rate today for money transfers to Japan is offered by GME Remittance (1 KRW = 0.1035 JPY).

Were you looking to send money from Japan to South Korea instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest KRW to JPY Conversion Rates

Here are some latest KRW to JPY (South Korean Won to Japanese Yen) exchange rates for popular conversion amounts*.

1 KRW0.11 JPY
5 KRW0.53 JPY
10 KRW1.06 JPY
25 KRW2.64 JPY
50 KRW5.27 JPY
100 KRW10.55 JPY
150 KRW15.83 JPY
200 KRW21.10 JPY
250 KRW26.38 JPY
300 KRW31.65 JPY
400 KRW42.20 JPY
500 KRW52.75 JPY
600 KRW63.30 JPY
700 KRW73.85 JPY
800 KRW84.40 JPY
1,000 KRW105.50 JPY
1,500 KRW158.25 JPY
2,000 KRW211.00 JPY
2,500 KRW263.75 JPY
3,000 KRW316.50 JPY
4,000 KRW422.00 JPY
5,000 KRW527.50 JPY
10,000 KRW1,055.00 JPY
15,000 KRW1,582.50 JPY
20,000 KRW2,110.00 JPY
30,000 KRW3,165.00 JPY
40,000 KRW4,220.00 JPY
50,000 KRW5,275.00 JPY
100,000 KRW10,550.00 JPY

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do South Korea to Japan money transfers?

With the global remittance market booming, there are so many choices for South Korean Won to JPY money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Japan from South Korea. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final JPY amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from South Korea to Japan?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Japan.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your South Korea to Japan transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your KRW to Japanese Yen money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to transfer money from South Korea to Japan?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from South Korea to Japan via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for South Korean Won to Japanese Yen remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best South Korea to Japan exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for KRW to JPY remittances.


Should I use my bank to transfer money from South Korea to Japan?

Big banks in South Korea are known to make a lot of money by charging high fees on Japan money transfers from South Korea. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a KRW to JPY exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Japan. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from South Korea to Japan. You work hard for your money, so you should also ensure you get the maximum yield when you send JPY overseas.


What is the fastest way to transfer money from South Korea to Japan?

The speed of your South Korean Won to Japanese Yen funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert KRW to JPY. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Japan from South Korea is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Japan if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout JPY into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than South Korea bank to Japan bank transfer.


Which are the best money transfer companies to transfer money to Japan from South Korea?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from South Korea to Japan, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best South Korean Won to Japanese Yen exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your JPY money transfers to Japan. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Japan getting more money for every South Korean Won you send.


Step by step guide to send money to Japan from South Korea

The first step to send money to Japan from South Korea is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your KRW to JPY overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Japan if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your South Korea bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Japan!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from South Korea to Japan.