Woori America Bank provides remittance services that are expected by our customers. Woori America Bank offers one of the most affordable remittance fees in the market and provides the fastest services available in making sure your funds are transferred without disruption. Through our remittance services, you can transfer your funds safely and accurately within the United States and internationally. Also, you may further save on remittance fees by using cheaper remittance services available in the Internet Banking.Features and Benefits
- Safe and accurate remittance in the United States and internationally.
- Cheaper remittance fee through online Banking Service.
|Region||In Person at Branch Remittance Fee (Through Bank Teller)||Online Remittance Fee|
* Amendment Fee : $20 in person at branch / $15 online remittance
- If you want to change any information after completing your application, fees and limits may apply.
- Internet banking wire transfer transaction must be completed before 4PM(EST)
- Internet banking wire transfer transaction daily limit is $15,000.
How can I use the remittance service?
All customers who have Woori America Bank Account can use the Online Banking.
How long it will take to receive the wire transfer?
- To Woori Bank Korea accounts: 5-24 hours.
- To other bank accounts in Korea: about 3 days.
- To bank accounts in USA: 24 hours.
- To bank accounts in other countries except South Korea: 3-5 days.
What is the maximum amount I can wire transfer?
You can send the wire transfer up to the sum total of $15,000.
I missed a call from the bank after sending a wire transfer through Online Banking. Should I call back?
Yes, when the wire transfer is sent to a beneficiary from the originator for the first time, Woori America Bank employee will try to call you to verify the wire transfer. This is a security service to protect you and your fund from fraudsters.
If you missed our call, feel free to call us back at 1-888-MyWoori (699-6674) or any local branches ([https://www.wooriamericabank.com/pages/locations.asp]) to let us know that you have submitted the wire transfer.
How can I be sure that the wire transfer is well sent?
If all the required fields are filled out in the request form and remittance is completed, confirmation email will be sent to the customers. (Only if remitted before 4:00 PM (EST)).
Can I still make remittances if my primary ID, which was used when opening an account, is expired?
If any information of your ID is changed or your ID is expired, please visit your nearest Woori America Bank branch to update(corrected) an ID and use the remittance service again.
Does my account automatically close when my balance reaches $0 after the remittance?
When your balance reaches $0, your account will be blocked temporarily and in certain circumstances, can be closed by the bank.
Do I have to provide the recipient bank's swift code or ABA Number when making a remittance?
- South Korea, only the name of the recipient's bank is needed.
- Other countries except South Korea, the name of the recipient's bank and the Swift Code of that bank are needed.
- Domestic bank accounts, the name of the recipient's bank and ABA number of that bank are needed.
- Other Woori America Bank accounts (Free), Swift Code and ABA Number are not need.
Where do I put the Beneficiary’s phone number?
The phone number should be in the field where you put the beneficiary address.
For more information, please call customer service at 1-888-MyWoori (699-6674) or contact us online.Contact Us