Essential Money Transfer Apps from South Korea to China: Comparison and Money-Saving Guide  

Recently, I thoroughly tested several popular money transfer apps used by Chinese people in South Korea, comparing exchange rates, transfer speed, and services. Based on the latest market data, I’ve put together an up-to-date review! Whether you’re a worker, student, or professional, this guide will help you transfer money conveniently and save money.  

Review Background:

All platforms comply with foreign exchange policies.  

Data collected on: August 22, 2025  

Central parity of foreign exchange trading center (1 CNY ≈ 195.32 KRW)  

Detailed Comparison of Four Popular Apps:  

1. GME Remit  

▪️ Background: Developed by a Philippine financial group, has physical stores in South Korea.  

▪️ Exchange Rate: 1,000,000 KRW → 5,130.00 CNY (as of today)  

▪️ Speed: 24-hour rapid transfer, no delays even for nighttime operations.  

▪️ Highlights: In-store consultations available, suitable for users less familiar with mobile operations.  

2. HANPASS  

▪️ Background: Joint venture between licensed financial institutions in China and South Korea, ensuring fund security.  

▪️ Exchange Rate: 1,000,000 KRW → 5,134 CNY (as of today)  

▪️ Speed: Transfers arrive within 1 hour on business days, delayed on weekends.  

▪️ Highlights: Offers real-time exchange rate alerts and supports large transfers.  

3. Wirebarley  

▪️ Background: Long-term partnership with Alipay, Chinese-optimized interface.  

▪️ Exchange Rate: 1,000,000 KRW → 5,109.20 CNY (as of today)  

▪️ Speed: Unstable (1 hour to 24 hours).  

▪️ Tip: Suitable for small trial transfers; large transfers recommended on other platforms.  

4. Panda Remit  

▪️ Best Exchange Rate: 1,000,000 KRW → 5,165 CNY (as of today)  

▪️ Speed: Average 15-minute transfer time (excluding holidays).  

▪️ Fee: Free for new users; regular fee is 8,000 KRW per transfer.  

▪️ Exclusive Advantages:  

- Occasional promotional events.  

Practical Recommendations:  

-For urgent transfers: Choose GME or Panda (fastest speed).  

-For large transfers: Choose HANPASS or Panda (best exchange rates).  

-For beginners: Start with Wirebarley (first transfer free).  

Important Reminders:  

1. Platforms have varying single-transfer limits (2 million to 10 million KRW).  

2. Avoid transferring on South Korean and Chinese public holidays.  

3. Ensure the name matches the bank account exactly .  

Conclusion: For the best overall value, Panda Remit is highly recommended (excellent exchange rates), followed by HANPASS (high security). Choose based on your needs, and compare multiple platforms with small transfers before committing to large amounts!