Can I cancel a money transfer from New Zealand to The Republic of Korea after it's sent?
Yes, in most cases, you can cancel a money transfer from New Zealand to The Republic of Korea if the funds haven't yet been received in The Republic of Korea. To do so, contact the provider's support team in New Zealand or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between New Zealand and The Republic of Korea.
How much is the commission for your service?
We do not charge any commission from the users of our system.
Will the recipient in The Republic of Korea need identification to receive money from New Zealand?
Yes. If you're sending money from New Zealand to The Republic of Korea for cash pickup, the recipient in The Republic of Korea must show a valid ID and sometimes the transaction number. This helps ensure that money sent from New Zealand is securely delivered in The Republic of Korea.
What are the advantages and disadvantages of using a SWIFT bank transfer?
Advantages: Large amounts can be transferred securely.
Disadvantages: Longer processing time (several days), high fees from both sending and receiving banks.