Why My Coworker Never Walks Into a Bank to Send Money Home From Korea
Sending 500,000 won home from Korea costs 4x more by bank wire than by Hanpass, GME, or E9Pay. Here is the real fee and FX-spread math for 2026.
Sending 500,000 won home from Korea costs 4x more by bank wire than by Hanpass, GME, or E9Pay. Here is the real fee and FX-spread math for 2026.
Yes, foreign workers get severance pay in Korea after one year. Here’s the 14-day rule, the IRP exception, E-9/H-2 insurance, and $5,000 wire threshold.
Korea’s 2027 wage hits 10,700 won/hour, but a June vote to legally pay migrant workers less almost passed. What it means for E-9 and student payslips.
Korea’s pension lump-sum refund isn’t automatic for foreigners. Your visa (E-8/E-9/H-2) or passport — not years paid in — decides if you get it back.