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Tony Giny

Where to exchange money in Korea

Updated: Apr 26, 2022

If you just arrived in Korea, but totally forgot to exchange your money at the airport and you only have changed, don't worry, there are some nice solutions for you! Below you have some ways and places where you can exchange your money safely and at good rates.


The bank:

The advantage of exchanging money in banks is that there is English-speaking staff serving at the counter. You will surely enjoy this specialized service at banks such as KEB Hana Bank, Shinhan Bank, and Woori Bank, which are specially designed to satisfy foreign visitors.


Exchange shops:

In addition to banks, there are also foreign exchange agencies. You can find them in Myeong-dong, Dongdaemun, and Itaewon. Apart from these famous tourist areas, you rarely find a service provider with advantageous rates in other parts of the city, but foreign exchange is everywhere in the main tourist areas.

To find them, look for a logo with money signs on it.


TOP best money exchange places


Foreign exchange in 26 Myeongdong 2-gil

  • This money exchange is the most popular in the area for its advantageous rates

  • It is located right in front of the big red gate of the Chinese Embassy

  • Address: 26 Myeongdong 2-gil, Chungmuro 1(il)-ga, Jung-gu, Seoul, South Korea

  • Phone: +82 2-776-8927

  • Opening hours: Daily 09:00 – 21:00


Pacific exchange in Mapo-gu (Hongdae)

  • This is the most well-known exchange shop in the Hongdae area

  • Address: 17 Hongik-ro, Mapo-gu, Seoul, South Korea

  • Phone: +82 2-3144-2341

  • Opening hours: 10:00 – 23:00 Everyday

Shinhan bank Korea

Shinhan Bank

  • This branch has a Foreign Customer Desk with English and Japanese speaking staff

  • Located at 53-1 Myeong-dong 1-ga, Jung-gu, Seoul, South Korea

  • Phone: +82-2-776-9851

  • Opening hours: Mon to Fri 09:00 – 16:00; Sat and Sun 10:00 – 16:00 (Foreign exchange only)


Woori Bank

  • Located at Sunshine Building, 11-1 Chungmu-ro, Jung-gu, Seoul, South Korea

  • Phone: +82-2-753-9105

  • Opening hours: Monday to Friday 09:00 – 16:00


KEB Hana Bank

  • This bank branch is in the vicinity of the Dongdaemun Market and accessible from the Cheongyecheon Stream

  • Address: 18-12 Euljiro 6(yuk)-ga, Jung-gu, Seoul, South Korea

  • Phone: +82 2-2267-2311

  • Opening hours: Monday to Friday 09:00 – 16:00



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