Which exchange rate is applied?

by KCOS_CS posted Mar 28, 2016


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There are different exchange rates depending on how and what currency you exchange because banks get some profits when exchanging the currency.

Our main bank is Woori bank in Korea (Swift code: HVBKKRSEXXX). So, we request money based on the exchange rates of Woori bank.

The below image shows you different exchange rate on December 26, 2017. 


The standard exchange rate                    : USD 1 = KRW 1,076.00

The exchange rate when sending by T/T   : USD 1 = KRW 1,086.40

The exchange rate when receiving by T/T : USD 1 = KRW 1,065.60 (*This is the exchange rate we apply on the invoice.)




For checking current exchange rate, please kindly visit :