Korean Dictionary

How to say “Remittance” in Korean

송금

songgeum

IntermediateFinance & Banking

Usage & Context

Remittance refers to transferring money domestically or internationally. Korea has a large number of foreign workers who send remittances to their home countries. Online and mobile banking has made remittance faster and cheaper in Korea.

Example Sentence

해외로 송금할 때 수수료가 발생해요.

Fees occur when sending remittances overseas.

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