According to an analysis of remittances in South Korea in 2018, an average South Korean in 50s sent or received remittances around 8.8 times to pay import fees to customs services. Another popular reason was to pay for the travel expenses of overseas residents (excluding students).
Leading reasons for remittances by people in their 50s 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 50s in South Korea in 2018, by number of remittances [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/1079161/south-korea-top-reasons-for-remittances-by-people-in-their-50s-by-number/
Hana Bank. "Leading reasons for remittances by people in their 50s in South Korea in 2018, by number of remittances." Chart. July 5, 2019. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/1079161/south-korea-top-reasons-for-remittances-by-people-in-their-50s-by-number/
Hana Bank. (2019). Leading reasons for remittances by people in their 50s in South Korea in 2018, by number of remittances. Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/1079161/south-korea-top-reasons-for-remittances-by-people-in-their-50s-by-number/
Hana Bank. "Leading Reasons for Remittances by People in Their 50s in South Korea in 2018, by Number of Remittances." Statista, Statista Inc., 5 Jul 2019, https://www.statista.com/statistics/1079161/south-korea-top-reasons-for-remittances-by-people-in-their-50s-by-number/
Hana Bank, Leading reasons for remittances by people in their 50s in South Korea in 2018, by number of remittances Statista, https://www.statista.com/statistics/1079161/south-korea-top-reasons-for-remittances-by-people-in-their-50s-by-number/ (last visited November 24, 2024)
Leading reasons for remittances by people in their 50s in South Korea in 2018, by number of remittances [Graph], Hana Bank, July 5, 2019. [Online]. Available: https://www.statista.com/statistics/1079161/south-korea-top-reasons-for-remittances-by-people-in-their-50s-by-number/
