Send money to
Shinhan Bank Account

Pay with

Estimated delivery time

Fast and secure

Why choose Shinhan Bank?

Shinhan Bank (SHB) is the second biggest bank in South Korea, both in terms of assets and market capitalization. Over 18 million clients benefit from its retail, corporate, and investment banking services, which are provided by its 13,400 staff. It has one of the largest branch networks in South Korea, with around 900 branches, according to the bank. A number of other nations have branches of the Bank of International Settlements (BIS) as well. Shinhan purchased Chohung Bank (previously Hanseong Bank) in 2006, Korea's oldest bank, founded in 1897. Shinhan is headquartered in Seoul. Financial Group's flagship Shinhan Bank is the company's principal operating subsidiary (SFG).

Don’t just take our words for it

We have thousands of happy Remitbee users to back it up

Soo-mi

I've been using this service for sending funds to South Korea, and it's been consistently reliable and efficient. Highly recommended

Ji-eun

Effortless transactions and great customer support make sending money to Slovenia a pleasure with this service.

Min-jun

I've tried various services, but this one has the best rates and ease of use for sending money to South Korea. Impressive!

Easy with Remitbee

How to Send Money to South Korea

Set up a free Remitbee account

Create a free account with Remitbee. The process is quick and it gives you access to a private Remitbee Wallet as well as a secure account on our system.

Receipent's Details

Encode your entire name, address, and job title, if you have one. Verify your email and phone number.

Receipent's account

Provide the recipient's account details, including the bank name and account number.

Check the exchange rate

Take a look at the CAD/KRW exchange rate. Choose your payment method and confirm your transfer once you're satisfied with the CAD to KRW conversion rate. While the prices for conversations fluctuate on a day-to-day basis, the costs for each payment option are fixed and permanent.

Track Your Transfer Progress with Remitbee App

Keep track of your money. At this point, all of your tasks have been completed! Keep an eye on it in the Remitbee app while you wait for your money to arrive in South Korea.

be a hero

Be a Superhero and save the world! A hero is anyone who uses the internet to send money to South Korea in order to help their family. Ultimately, it's our job to help provide a hero-worthy service.

Send to all major banks in South Korea

What information you’ll need to complete the transfer

Wire Transfer to Bank account

Recipient's full name: Ensure that the name on the account you're transferring matches the name on the bank statements. This will prevent your transfer from taking longer than it has to.
Bank Name: Indicate the name of the South Korean bank that you are sending to.
Account Number: This guarantees that it reaches your recipient’s account.

How Remitbee calculates the CAD to KRW exchange rate

Every day, we monitor the market for the best Korean Won exchange rates in order to provide you with the best rates. Small fees apply when you use bill payment method, Interac or debit cards, but you can also use Remitbee Wallet to avoid any additional charges. In the application, you'll be able to view any fees that may be charged.

What are the benefits of sending
directly to Shinhan Bank?

Safe & Secure

Compared to offline services, it is more secure

Fast

Feel the qucik transfer

Convenience

If you want to do it from the comfort of your home, you can

Instant Access

Your funds will be available as soon as the transfer is complete

Check Out Our Refer and Earn Program!

Explore RemitBee's enticing referral program and access rewarding benefits! Earn a generous $20 reward for each successful referral, and treat your friends to an impressive $10 reward when they make their first transaction using your exclusive code. To qualify, your friend simply needs to send a minimum of C$200 or exchange at least C$1,000. With boundless referral possibilities, kickstart your earnings journey with RemitBee today!

Best way to send money from Canada on the go

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.

Frequently Asked Questions

Can I send money to a Shinhan Bank account using Remitbee?

You certainly can.

How can I pay for my money transfer to Shinhan Bank?

You can pay via Interac e-Transfer, Interac Online, Bill payment, EFT, Visa or Mastercard Debit.

What delivery methods are available for the Shinhan Bank money transfers to South Korea?

The transfers can be completed within 1 business day.

What is the maximum amount I can send to a Shinhan Bank account?

If you verify your identity on our platform, you can send up to 9,000 CAD per day and 50,000 CAD per month.

How much does Remitbee charge to send money to South Korean bank accounts?

Over 500 CAD in transfer is free. Transfers of less than $500 CAD are subject to the following charges:

Interac Online - $2.99
e-Transfer, bill payment, and ETF - Free
Visa or Mastercard Debit - starts at $2.99

What is the maximum amount you can transfer to a Shinhan Bank account from Canada in CAD?

The maximum amount of money you may send in CAD is determined by the degree of verification on your account.

It's possible to transfer up to 500 CAD per month and 50 CAD per day at the lowest Verification Level 1.
Send up to 3,000 Canadian dollars per day and up to 25,000 Canadian dollars per month with Verification Level 2.
Additionally, we offer a good option for those who need to transfer larger amounts for Verification Level 3 verification. Each month, you can send up to 50,000 CAD.
Also, we're working on Verification Level 4, which will allow our customers to send even more data.
Remember that verification is a one-time process. There is no need to supply any more documentation after you have been confirmed.

Send money to Shinhan Bank Account