Tech Overseas Remittances
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I remember the first time I sent money home. This was over
10 years ago. I went to the bank and
remitted ₩600,000. It was a very lengthy bank transaction. They needed my
passport, ARC, numerous forms to be filled out, and a hefty ₩60,000 won service
charge. It took around 5 days for my brother in the Philippines to get the money.
Fast forward to today. One of the best overseas remittance services in Korea is
SENTBE. The fee is around ₩2,500, and
if you have enough credits or it’s your first time to send money through them,
the fee is waived. For standard transactions, it takes two business days, but
for express remittances, your money can be received the same day, and even
within the hour (depending on the country). When they started out in 2015 they
were only servicing a handful of countries. Now you can send money from Korea
to over 50 countries around the globe. After signing up, verifying your account with them, and connecting your
bank account with SENTE, transactions can be done online in seconds. I cannot
emphasize enough how happy I am with this company and how they are raising the
bar for international monetary transactions.
I would recommend SENTBE to my friends and the foreigner community at
large. It is a fast and safe way to send money overseas.
- PrevAutumn in Korea 21.10.31
- NextMy trip to Busan 21.10.30
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