If you’re looking to send 32,000 Korean Won to a KakaoBank account from Japan using Wise, it’s important to understand both the exchange rates and shipping costs that might be involved. In this article, we’ll break down how much you need to pay in Japanese Yen for the transfer and provide some insights on estimated shipping costs.
1. Converting 32,000 Korean Won to Japanese Yen Using Wise
The amount in Japanese Yen you’ll need to send 32,000 Korean Won will depend on the current exchange rate between JPY and KRW. Wise (formerly TransferWise) offers competitive exchange rates, and the fees are transparent. You can check the real-time exchange rate using the Wise website or app to get an accurate amount.
As of recent exchange rates, 1 JPY is approximately equal to 10 KRW, but the rate can fluctuate slightly. For 32,000 KRW, you would need to send around 3,200 JPY. Always check for the latest exchange rate before initiating your transfer.
2. Understanding the Transfer Fee on Wise
Wise charges a small fee for international transfers, which can vary depending on the amount and the payment method. Generally, the fee is lower than traditional banks, and Wise gives you an estimate of the fee before confirming the transfer. To check the fee, input the amount in KRW and see the breakdown on the Wise platform.
Typically, for sending 32,000 KRW, the fee could be anywhere between 100-200 JPY, depending on the exchange rate and payment method chosen. You can review the total amount to be sent on the Wise transfer calculator.
3. Estimating Shipping Costs
The shipping cost for sending goods or packages from Japan to Korea can vary widely depending on the size, weight, and shipping method. If you’re sending physical goods, you will likely be asked to pay the shipping costs after the product has been shipped. For regular parcels, shipping can range from 1,000 JPY to 3,000 JPY for standard methods like EMS.
Since you mentioned that the exact shipping cost will be confirmed after dispatch, it’s safe to assume that the shipping charges will be communicated to you once the package is on its way. Ensure to confirm this detail with the seller to avoid unexpected costs.
4. What to Do Next
To complete the Wise transfer, log into your Wise account, input the amount of 32,000 KRW, choose the payment method (bank transfer or credit card), and review the total amount including fees. For shipping, ask the seller for a more specific estimate based on the size and weight of the package.
Once you’ve confirmed everything, you can proceed with both the transfer and shipping. Keep in mind the fluctuating exchange rates and shipping fees, and you should be ready to handle the payment without issues.
5. Conclusion: Sending Money with Wise and Understanding Shipping Costs
Sending 32,000 KRW to KakaoBank from Japan via Wise is straightforward, especially with the transparent fee structure. Make sure to keep an eye on the real-time exchange rate to ensure you’re sending the correct amount in JPY. Also, confirm the shipping costs with the seller for a better understanding of the total costs involved.
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