According to an analysis of remittances in South Korea in 2018, KEB Hana Bank VIP customers with children studying overseas most often sent remittances to the U.S, making up the greatest share of VIP remittances for students and also the largest average amount. VIPs sent on average 52 thousand U.S. dollars to the U.S. for remittances to their student children. This figure is approximately 1.4 times higher than the figure sent by non-VIPs. The U.S. was followed in the number and average value of remittances by Canada and then the U.K. Other top countries by average value were Australia, New Zealand, and Singapore.
Average value of remittances to students by KEB Hana Bank VIP customers in South Korea in 2018, by country
(in 1,000 U.S. dollars)
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Hana Bank. (July 5, 2019). Average value of remittances to students by KEB Hana Bank VIP customers in South Korea in 2018, by country (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1079235/south-korea-value-of-remittances-to-students-by-keb-hana-bank-vip-customers-by-country/
Hana Bank. "Average value of remittances to students by KEB Hana Bank VIP customers in South Korea in 2018, by country (in 1,000 U.S. dollars)." Chart. July 5, 2019. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1079235/south-korea-value-of-remittances-to-students-by-keb-hana-bank-vip-customers-by-country/
Hana Bank. (2019). Average value of remittances to students by KEB Hana Bank VIP customers in South Korea in 2018, by country (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1079235/south-korea-value-of-remittances-to-students-by-keb-hana-bank-vip-customers-by-country/
Hana Bank. "Average Value of Remittances to Students by Keb Hana Bank Vip Customers in South Korea in 2018, by Country (in 1,000 U.S. Dollars)." Statista, Statista Inc., 5 Jul 2019, https://www.statista.com/statistics/1079235/south-korea-value-of-remittances-to-students-by-keb-hana-bank-vip-customers-by-country/
Hana Bank, Average value of remittances to students by KEB Hana Bank VIP customers in South Korea in 2018, by country (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1079235/south-korea-value-of-remittances-to-students-by-keb-hana-bank-vip-customers-by-country/ (last visited December 18, 2024)
Average value of remittances to students by KEB Hana Bank VIP customers in South Korea in 2018, by country (in 1,000 U.S. dollars) [Graph], Hana Bank, July 5, 2019. [Online]. Available: https://www.statista.com/statistics/1079235/south-korea-value-of-remittances-to-students-by-keb-hana-bank-vip-customers-by-country/
