Korea Money Guide
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Practical Korean money tools

Understand Korean money before you make your next move.

Plain-English tools and guides for rent deposits, salary offers, transfers, and scam-safety calls — built from real Korean banking experience.

Start with your situation Use the tools
Banking experiencePractical toolsOfficial-source checksEstimate only
Featured Update Support Active

Checked against MOIS and Seoul notices

The high oil price relief payment: what to check before you count on it

The second application window is open through July 3, 2026 — but being a foreign resident doesn't settle whether you qualify. Check your household, health insurance, visa, and local application details first.

When you can apply
Open until July 3, 2026
Does it include you?
It depends on your household, your health-insurance status, and your visa — not just being in Korea.
Watch for fakes
Never tap a payment link from a text or chat. Open the official channel yourself.

Being in Korea doesn't mean you qualify.

Use this as a checklist, then confirm your own case through an official application channel or your local office.

Read the checklist Check a suspicious message
Updated May 28, 2026 MOIS and Seoul foreign-resident notices checked

Start with your situation

Choose the money problem in front of you.

Each one leads to a guide, tool, or checklist — so you don't have to know which calculator you need before you start.

GuideChecklist

I'm moving to Korea soon

Get banking, rent, salary, transfers, and scam-safety sorted in the order you'll actually face them.

Start here
GuideTranslator

I need to use a Korean bank account

Make sense of accounts, transfer limits, ID checks, and the Korean words your bank app throws at you.

Open banking guide
GuideCalculatorChecklist

I'm comparing rent or deposits

Weigh wolse, jeonse, deposits, maintenance fees, and move-in cash before you send a single won.

Review housing money
GuideEstimator

I got a Korean salary offer

See what an annual figure means month to month, decode your payslip, and know what to ask HR.

Understand salary
GuideCalculator

I need to send or receive money

Compare KRW amounts, exchange rates, and transfer fees so you know what really lands on the other end.

Compare transfers
ChecklistSafety

I got a suspicious message

Before you tap a link, share an OTP, install an app, or rush a transfer — stop here first.

Check warning signs

Quick money tools

Grab the tool that fits what you're doing next.

View all tools

Flagship

Korea Money Reality Calculator

Put salary, rent, deposit, living costs, and remittance into one picture and see if the numbers add up.

Open tool

Translate

Banking Terms Translator

Hit a Korean word in your bank app or on a form? Look it up in plain English.

Open tool

Housing

Rent Deposit Calculator

See what a place really costs each month before you compare wolse and jeonse.

Open tool

Salary

Salary Take-Home Estimator

Turn a Korean salary offer into a rough monthly take-home you can plan around.

Open tool

Transfers

Remittance Cost Calculator

Compare what each transfer really costs once the fee and the exchange rate are both in.

Open tool

Safety

Suspicious Message Checklist

Not sure if a message is a scam? Run it through this before you act.

Open tool

Latest updates

Latest Korea Money Updates

Policy shifts, support programs, exchange-rate moves, banking changes, and scam warnings that can affect your money in Korea.

See all updates
Banking Active

Can foreigners open a Korean bank account with a mobile residence card?

Since March 21, 2025, six domestic banks have accepted mobile foreigner residence cards for opening accounts and making transactions.

Updated May 28, 2026 FSC and HiKorea sources checked
Check what changed
Exchange & Remittance Active

KRW exchange-rate moves and rent or remittance planning

When the won moves fast, line up your rent deposit, salary, and remittance plans against the latest quote before you act.

Updated May 28, 2026 BOK exchange-rate background checked; provider quote still required
Check what changed

Explore by topic

Browse by topic — each one ties guides to the right tools.

Banking

Opening an account, transfer limits, ID checks, and the bank-app words nobody explains.

Banking Terms Translator

Housing Money

Wolse, jeonse, deposits, maintenance fees, and the cash you need to move in.

Rent Deposit Calculator

Salary & Payslip

What a salary offer means each month, what your payslip is really saying, and what to ask.

Salary estimator

Exchange & Remittance

KRW amounts, exchange rates, transfer fees, and what to check before sending money abroad.

Transfer calculators

Scam Safety

The warning signs, the pressure tactics, and where to report it through official channels.

Suspicious message checklist

Why trust this site

Built from practical Korean banking experience.

Korea Money Guide comes from real Korean bank-counter experience and financial-software work. The approach is simple: plain-English explanations, practical tools, public information, and official sources — to help you make sense of money in Korea.

Former bank teller experience
Financial-software development experience
Public information and official-source checks
No insider information, product picks, or approval promises