[South Korea] What are the remittance limits and transfer fees?

The current remittance limits and transfer fees are as follows:

Remittance limit:
Per transaction: Minimum KRW 100,000 / Maximum KRW 1,000,000,000

(*There is no overall transfer limit other than the per-transaction limit.)

Transfer fee(SWIFT SHA):

• Less than 3,000,000 won: 3,000won
• 3,000,000 won or less than 5,000,000 won: 2,000 won
• 5,000,000 won or more: Free

(There may be a change in the final amount received due to the fees incurred by the intermediary bank.)

Transfer fee(SWIFT OUR):

• Less than 5 million KRW: 15,000won
• 5 million KRW or more : 5,000won