Account Deposit to South Korea

Note: There is a KYC process at the Receiver side where the Receiver will get a SMS with a link and Receiver should click on the link (url) and provide details and complete the KYC. It’s a one-time activity; for the receiver who have already completed KYC it’s not needed.

Product features

• Service Availability: All banks covered
• Receive Currency: South Korea WON
• Receive Limit: 5,000 USD
• Delivery time: Same day of KYC completion

Information required to complete the transaction

• Receiver First Name and Last Name: Use the same name as on the receiver’s bank statement to avoid errors
• Receiver Account Number: A string with 10–16 digits
• Receiver Phone number: a numeric string with 11-13 digits, beginning with 82
• Bank Name: To be selected from the MoneyGram list

List of banks