Industrial Bank of Korea

Remittance Product by Country

IBK, your financial partner
for a better future.
Remittance Product by Country
 
   
I-VARO REMITTANCE
Money transfer is possible without intermediary banks, expediting the process at low costs <Countries and Banks that allow I-VARO Remittance>
I-VARO REMITTANCE
Country Bank
Nepal Global IME Bank
SUNRISE Bank
PRABHU Bank
Machhapuchchhre Bank
Uzbekistan INFIN Bank
Uzpromstroy Bank
Sri Lanka Nations Trust Bank
People’s Bank
Mongolia Khan Bank
Bangladesh Uttara Bank
Myanmar Kanbawza Bank
Cambodia Canadia Bank
  • Ways to transfer
    Bank tellers, Internet banking, ATM, ANYTIME service and ARS(Tele-banking)
AMPUH IDR REMITTANCE
  • Money can be transferred directly to the receiving bank, without going through a intermediary bank, expediting the process at low cost
  • There are no losses from the foreign exchange incurred by the recipient as it is directly transferred in IDR.
  • When the transfer is processed by BRI (PT Bank Rakyat Indonesia Tbk) before 3 p.m., the recipient may withdraw the money on the day of the transfer.
  • Service Details
    • Country: Indonesia
    • Ways to transfer: Bank tellers, ATM, ANYTIME
    • Max. amount of transfer: IDR 100 million (USD 10,000) per transfer
    • Exchange rate: Preferential rate of 30%
    • Fees: Exempted from the intermediary bank fees and deductions on the fees paid to the receiving bank (BRI)
IBK LOCAL CURRENCY TRANSFER(PHP)

Sending money in U.S. dollars (USD) and receiving in Philippine pesos (PHP)

  • Service Details
    • Country: Philippines
    • Ways to transfer: Bank tellers, Internet banking, ATM, and ANYTIME service
    • Exchange rate: Preferential rate of 30% on exchange rate
    • Fees:
      • Internet: Exempted from the remittance fee charged by IBK (if the money is withdrawn from a KRW account)
      • ANYTIME, ATM: 30% discount on the remittance fee