Remittance services in the Republic of Korea

This study focuses on remittance channels and services in the Republic of Korea and their associated cost, accessibility, reliability, speed, and transparency.

The study team conducted a survey of 500 migrant workers from 13 countries and interviews with key stakeholders in order to examine the use and characteristics of RSPs in the Republic of Korea and remittance sending behaviours. The purpose of collecting such information is to improve migrant workers’ ability to send home remittances in a safe, cost-conscious, and transparent manner.