According to an analysis of remittances in South Korea in 2018, an average South Korean in 60s sent or received remittances around 8.6 times to pay import fees to customs services, making approximately nine remittances for this reason. Other top reasons were unilateral transfers for private or study and training related purposes.
Leading reasons for remittances by people in their 60s 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 60s in South Korea in 2018, by number of remittances [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1079170/south-korea-top-reasons-for-remittances-by-people-in-their-60s-by-number/
Hana Bank. "Leading reasons for remittances by people in their 60s in South Korea in 2018, by number of remittances." Chart. July 5, 2019. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1079170/south-korea-top-reasons-for-remittances-by-people-in-their-60s-by-number/
Hana Bank. (2019). Leading reasons for remittances by people in their 60s in South Korea in 2018, by number of remittances. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1079170/south-korea-top-reasons-for-remittances-by-people-in-their-60s-by-number/
Hana Bank. "Leading Reasons for Remittances by People in Their 60s in South Korea in 2018, by Number of Remittances." Statista, Statista Inc., 5 Jul 2019, https://www.statista.com/statistics/1079170/south-korea-top-reasons-for-remittances-by-people-in-their-60s-by-number/
Hana Bank, Leading reasons for remittances by people in their 60s in South Korea in 2018, by number of remittances Statista, https://www.statista.com/statistics/1079170/south-korea-top-reasons-for-remittances-by-people-in-their-60s-by-number/ (last visited December 22, 2024)
Leading reasons for remittances by people in their 60s in South Korea in 2018, by number of remittances [Graph], Hana Bank, July 5, 2019. [Online]. Available: https://www.statista.com/statistics/1079170/south-korea-top-reasons-for-remittances-by-people-in-their-60s-by-number/