SBI Cosmoney

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Transaction fee

Up to 90%

cheaper than banks
Fast! Easy!

Overseas Remittance

SBI Cosmoney’s overseas remittance service eliminate the shortcoming and tradeoffs of traditional remittance services.Now, you can send money internationally in a safe and secure manner with the utilization of secure blockchain technology.We are currently serving Vietnam, Indonesia, the Philippines, Cambodia, China, and Nepal. In the future, we will expand and support more countries.

Why SBI Cosmoney?

  • Cheep

    Low transaction fees

    Unlike traditional remittances that require multiple fees, our transaction fees are cheaper because we do not use the services of an intermediary bank.

  • Speed

    Faster transfer time

    Complicated procedures for overseas remittance have been streamlined.
    Depending on the country of transfer, we can provide real-time remittance service and provide fast money transfer service.

  • Safe

    Safest technology

    The easier it is to send money, the more safety and security you need. SBI provides maximum security and data encryption for a worry-free remittance.

Transfer Procedure

  1. Sign-up

    Sign-up

    Sign-up using your email or phone number, and verify your identity using your ID and bank account.

  2. Remittance Request

    Remittance Request

    Click [Transfer] and enter the remittance details. Deposit the exact amount to the virtual account provided.

  3. Process completed

    Process completed

    You can check the progress of your remittance in [Transaction History], and we will notify you by SMS when the remittance is completed.

Transfer limit

USD 3,000 per transaction,
USD 30,000 per year

(Legally, Transfer limit)

The minimum / maximum amount of remittance may vary depending on the country's laws / regulations and the cooperative bank's circumstances

※ You are now able to transfer KRW 3 million won per transaction
and KRW 30 million won per year from SBI Cosmoney.