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The NACF provides global remittance services. Customers receive fast and dependable service at low cost.
Limits on remittance overseas for foreigners
Foreign residents can remit up to USD$10,000 or its equivalent in another currency annually. Applicant must present their ID registration card or a valid passport.
Allowed to remit funds within the legal sales limit of foreign currency and income earned in Korea : required evidence of local sale of foreign currency. In case of working and paying taxes here in Korea, you can send home all of your net income each month : a copy of the paycheck, employment contract and alien registration card is required. If you are a foreign non-resident (no record of local foreign currency sale), the limit of remittance is USD 3,000 or its equivalent.
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