According to an analysis of remittances in South Korea in 2018, an average South Korean in 30s sent or received remittances around nine times to pay import fees to customs services. Other top reasons for using remittances were for overseas studies or training, and the travel expenses of overseas residents.
Leading reasons for remittances by people in their 30s in South Korea in 2018, by number of remittances
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Hana Bank. (July 5, 2019). Leading reasons for remittances by people in their 30s in South Korea in 2018, by number of remittances [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1079140/south-korea-top-reasons-for-remittances-by-people-in-their-30s-by-number/
Hana Bank. "Leading reasons for remittances by people in their 30s in South Korea in 2018, by number of remittances." Chart. July 5, 2019. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1079140/south-korea-top-reasons-for-remittances-by-people-in-their-30s-by-number/
Hana Bank. (2019). Leading reasons for remittances by people in their 30s in South Korea in 2018, by number of remittances. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1079140/south-korea-top-reasons-for-remittances-by-people-in-their-30s-by-number/
Hana Bank. "Leading Reasons for Remittances by People in Their 30s in South Korea in 2018, by Number of Remittances." Statista, Statista Inc., 5 Jul 2019, https://www.statista.com/statistics/1079140/south-korea-top-reasons-for-remittances-by-people-in-their-30s-by-number/
Hana Bank, Leading reasons for remittances by people in their 30s in South Korea in 2018, by number of remittances Statista, https://www.statista.com/statistics/1079140/south-korea-top-reasons-for-remittances-by-people-in-their-30s-by-number/ (last visited December 26, 2024)
Leading reasons for remittances by people in their 30s in South Korea in 2018, by number of remittances [Graph], Hana Bank, July 5, 2019. [Online]. Available: https://www.statista.com/statistics/1079140/south-korea-top-reasons-for-remittances-by-people-in-their-30s-by-number/