Remittances from Korea to Mongolia
Korea Post can now offer remittances to Mongolia Post via Eurogiro. This means the 50,000 Mongolians who live in South Korea can send up to 5,000 USD per transaction at a low cost.
Park Jong-seok, head of the Postal Service Division, said, “With Eurogiro, Mongolian workers in Korea can send money inexpensively. We will provide various services so that the post office can conveniently send money overseas.” (2 July 2020)