Ways for Sending Money to North Korea

The Won is the name of the money used in North Korea. The most popular North Korea Won exchange rate is the KPW to EUR rate. Below, you will find North Korean Won rates to all the major currencies world wide and a currency exchange converter. While someone might send money to North Korea for a family member who lives or works there, someone else may transfer North Korean Won for a cross-border business related payment.

When sending money to North Korea from a foreign country, you get to choose from different money transfer methods. These may vary depending on where you live and the money transfer service provider you select.

Cash transfer: If you do not wish to part with your bank account details, or if you are in a hurry to send the money to North Korea, you may consider using the services of companies that operate out of physical locations or have agent networks. Some of your options include WorldRemit, Azimo, Ria, Western Union, and MoneyGram.

Electronic Money Transfers: This method gives you easy means to send international payments directly into someone’s bank account. While several banks carry out international money transfers, you might be better off turning to a specialist money transfer company. Some of the money transfer companies who specialize in electronic money transfers include TransferWise, WorldFirst, OFX, TorFX, HiFX, and CurrencyFair.

Bank Money Drafts: You may send money through international bank drafts. However, while this is a secure medium to send money, it can take weeks before the person you are sending the money to get access to the transferred money. The main benefit of this method is you do not have to provide the receiver your bank account details.

Sending Money with Email Address: Another way to send money to North Korea without using the receiver’s bank account details is to use the services of companies that let you send money to North Korea using no more than receiver’s email address. The money you send sits in an online account with the service provider you select, and you may transfer it to your local bank account as and when you like. PayPal offers this service, as does TransferWise.

What is the exchange rate for Won to Canadian Dollar?

Foreign exchange rates are always changing and in most days by the minute.

Therefore it's important to check out the current money exchange rate for Canadian Dollar to North Korean Won before purchasing the Won you need for your next trip from Canadian Dollar to Won Exchange Rate Today.

What is the exchange rate for Won to South African Rand?

Exchange rates for foreign currencies are always changing and in most cases minute by minute.

It’s important to check the latest currency exchange rate for South African Rand to North Korean Won before buying the Won you require for your up coming trip from South African Rand to Won Exchange Rate Today.