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Last verified: September 21, 2026 · Korean bank inbound-remittance information reviewed.
A family member abroad may send tuition money. An overseas employer may reimburse expenses. You may transfer savings from your own home-country account into Korea.
The sender sees “completed.” Your Korean balance still shows nothing.
That does not immediately mean the money is lost. International wires can involve more than two banks.
Give the sender information from your bank, not from a random blog
Inbound international transfers commonly require:
- bank name in English;
- SWIFT/BIC;
- account number;
- beneficiary name as registered by the bank;
- sometimes address or contact details.
Confirm the current details in your bank’s official channel.
Do not copy a SWIFT code from a five-year-old forum post simply because the bank name looks correct.
Use the English name registered on the account
Your family may know you as “Jenny Kim.” Your Korean bank may hold a longer passport name.
For an international wire, provide the bank-registered beneficiary name rather than a nickname.
A variation does not guarantee failure, but it can create manual review or a request for clarification.
For a school, employer or large transfer, ask whether the bank can issue an English account certificate.
“Sent” and “credited” are separate moments
The sending bank can complete its part while the transfer is still moving through an intermediary bank or waiting for review at the Korean receiving bank.
Weekends, holidays, currency route and compliance checks can affect timing.
If the money is needed for a tuition or contract deadline, send it with enough margin rather than assuming an international transfer behaves like a domestic Korean transfer.
A 2025 third-party walkthrough of a transfer into Korea. It is process context only, not a source for Korean banking rules or fees. Confirm your own bank’s receiving instructions.
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If less money arrived, look at the fee route
International transfers can involve fees from the sending institution, intermediary bank and receiving institution.
The sender’s transfer screen may also use fee-allocation options such as OUR, SHA or BEN depending on the bank and transfer network.
Do not assume that a lower received amount means the exchange rate was wrong.
Compare the original transfer receipt with the Korean bank’s credit details.
Your Korean bank may ask what the money is for
A large or unusual incoming transfer can trigger a purpose or source-of-funds check.
Family support, tuition, salary, business payment and movement of your own funds are different explanations.
Keep relevant documents where the transaction has a clear underlying reason.
If the transfer is missing, trace it in order
First: get the transfer date and reference from the sender.
Second: recheck beneficiary name, account number and SWIFT details.
Third: ask the sending bank whether the transfer passed through an intermediary.
Fourth: give the transfer reference to your Korean bank and ask whether it is pending review or has been rejected.
“The sender says it is done” gives a bank very little to search. A reference number gives it something concrete.
A rejected transfer may return to the sender
Major beneficiary or bank-detail errors can result in the transfer being returned.
Fees may still be deducted during that process.
This is why the recipient information deserves careful checking before the first international payment.
해외에서 제 계좌로 송금이 들어올 예정입니다.
I am expecting an international transfer into my account.
송금은행에서는 완료됐다고 하는데 아직 입금되지 않았습니다.
The sending bank says the transfer is complete, but I have not received it.
Exact SWIFT details, fees and incoming-transfer procedures must be confirmed with your receiving bank.
Two Korea Desserts
Markets, crowds and ordinary Seoul energy after the SWIFT codes.
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