AUD / KRW transfer fee comparison
Compare the same corridor and amount: Australia → Korea, AUD $1,000. The table below uses quotes checked on each provider’s send screen on 25 July 2026, when Naver mid-market was about 1,020 KRW per AUD.
Loss rate (%) = (1 − KRW received ÷ (send amount × Naver mid-market)) × 100
Same conditions
Match direction, amount, and date. This page’s table is Australia → Korea, AUD $1,000, 25 Jul 2026.
Compare final KRW received
Do not stop at the headline rate. Record applied rate, separate fees, and the won that actually arrives.
DonDirect = Naver −8 KRW
No separate deposit fee. At Naver 1,000 the gap is about 0.8%; at 900 about 0.89%. The % moves with the mid-market rate.
Loss rate ≠ receive ratio
Received ÷ (amount × Naver) is the receive ratio. Loss rate is (1 − that ratio) × 100.
How it works
Align the quote
Use the same direction (Australia → Korea) and amount (e.g. AUD $1,000) on every provider.
Capture rate, fees, and final KRW
From each send screen, note applied FX, separate fees, and KRW credited in Korea.
Compute the Naver benchmark
Benchmark = amount × Naver mid-market. Example: $1,000 × 1,020 = ₩1,020,000.
Compute loss rate
Loss rate (%) = (1 − KRW received ÷ benchmark) × 100. KRW received ÷ benchmark is the receive ratio, not the loss rate.
AUD $1,000 Australia → Korea quotes (25 Jul 2026, Naver ≈ 1,020)
| Provider | Applied rate | Separate fee | KRW received | Loss vs Naver |
|---|---|---|---|---|
| DonDirect | ~1,012 (Naver −8) | AUD 0 | ~₩1,012,000 | ~0.78% |
| Wise | 1,018.82 | AUD 8.77 | ₩1,009,885 | ~0.99% |
| Other reverse remittance | 1,007.1472 | AUD 0 | ~₩1,007,147 | ~1.26% |
Quote conditions (25 July 2026)
The table is not a vague “banks ~5%, reverse remittance ~1–2%” estimate. It uses same-day, same-amount quotes from each send screen.
- Date: 25 July 2026
- Direction: Australia → Korea
- Amount: AUD $1,000
- Naver mid-market (that day): about 1,020 KRW → benchmark ₩1,020,000
- Sources: each provider’s send-screen quote · full write-up in the Korean blog post linked below
Loss-rate formula
Loss rate (%) = (1 − KRW received ÷ (send amount × Naver mid-market)) × 100
Example: received ₩1,012,000 vs benchmark ₩1,020,000 → (1 − 1,012,000÷1,020,000) × 100 ≈ 0.78%
Mistake to avoid: calling received ÷ benchmark the “loss rate” — that figure is the receive ratio.
How DonDirect’s ±8 KRW maps to a percentage
AUD→KRW uses Naver mid-market minus 8 KRW. Loss rate is roughly 8 ÷ mid-market rate.
At 1,000 KRW that is about 0.8%; at 900 KRW about 0.89%. The table’s ~0.78% matches Naver ≈ 1,020 that day (8÷1,020).
Why “$0 fee” is not enough
In this quote set Wise charged AUD 8.77 while the other reverse-remittance desk showed AUD 0 fee — yet Wise still delivered more KRW (1,009,885 vs about 1,007,147).
A zero fee with a weaker rate can leave you with less won. Always compare final KRW received.
What about Australian bank international transfers?
We did not include a same-day CommBank (or similar) international quote in this table. Banks often combine a fixed send fee with a weak FX rate, so the fairest check is your own bank app’s quote for the same AUD $1,000.
Frequently asked questions
Loss rate (%) = (1 − KRW received ÷ (send amount × Naver mid-market)) × 100
Example: benchmark ₩1,020,000 and received ₩1,012,000 → loss ≈ 0.78%.
AUD→KRW is Naver −8 KRW. Loss ≈ 8 ÷ mid-market. The table’s ~0.78% is for Naver ≈ 1,020 on 25 Jul 2026; the common “~0.8%” example assumes Naver 1,000.
Wise, the other reverse desk, and DonDirect figures come from send-screen quotes that day. Rates and fees change — re-check before you send.
On the 25 Jul 2026 quotes, DonDirect’s expected KRW was highest. Re-run the numbers at your send time.