Wise: annual KRW receiving limit, resident recipient
A service and route limit, not a legal one, and it happens to share a number with the foreign exchange regulation's written-confirmation threshold — which is exactly how the two get conflated into a single imagined national rule. Kept as its own record so the distinction survives: this one binds a particular provider's Korean settlement path and can be changed by that provider, while the regulatory figure binds banks and comes from the regulations.
- Applies to
- Individuals receiving personal transfers in KRW through Wise’s Korean settlement route
- Review cadence
- Checked quarterly
What we have recorded
- 2026-09-01USD 100,000 a year
For recipients confirmed as residents through the PayGate verification used on this route, on person-to-person transfers. Recipient name and date of birth must match the Korean bank account details, and verification not completed within the stated window causes the transfer to fail. Larger KRW transfers can require additional verification, typically through a Korean mobile number.
Wise — KRW receiving limits for Korean recipients
One reading so far. This becomes a history the first time the figure moves while we are watching — which is the part that cannot be reconstructed later.
Guides that depend on this figure
When this figure moves, every guide above needs the same edit. That is why it is tracked here rather than copied into each one.