Service introduction

A remittance service operated with a managed structure

Service definition
MoneyBox Remit is an overseas remittance service based on Korea’s small-amount overseas remittance business framework under the Foreign Exchange Transactions Act, operated with financial-standard procedures and management systems.
What is a small-amount overseas remittance business?
A small-amount overseas remittance operator is a business that can perform overseas remittance services after registering with the Ministry of Economy and Finance under the Foreign Exchange Transactions Act, and operates under the management and supervision of financial authorities. This enables legal and systematic overseas remittance services even outside the traditional financial sector.

Key features of MoneyBox Remit service

Remittance process based on real-name verification

All customers go through identity verification (KYC) before transactions proceed.

Remittance status management system

Operated with a structure that manages progress from remittance request to payout completion.

Global partner network processing

Local payout is handled through verified overseas partner networks.

Available via app and offline branches

The remittance service is available not only through the mobile app but also through branches.

Insurance-based risk management structure

A protection process through guarantee insurance is prepared in case remittance is not normally processed for unexpected reasons.

Remittance process overview

Operated with a structure where each step can be checked through the management system: customer identity verification (KYC) → remittance request → partner network processing → local payout completion.

  1. Remittance request

    Remittance request received

  2. Virtual account deposit

    Customer deposit waiting / confirmation stage

  3. Overseas remittance in progress

    Processing through partner network

  4. Remittance completed

    Recipient collection or payout completed

Suitable for these customers

Foreign workers and residents with family overseas

Customers who need to send living expenses repeatedly

Users who want a simple yet safe remittance structure

I send living expenses to my family every month, and the low fee reduces the burden so I keep using it.

Filipino international student

I often send money to Japan, and the process is simple enough that I can use it without any hassle. The exchange rate is also good, so it helps reduce the overall burden.

Japanese student

When I used it for the first time, I had a lot of questions, but the support staff explained everything kindly, which made me feel at ease. The procedure was easier than I expected, so now I use it often.

Chinese office worker

Having an offline branch makes it much more convenient because I can visit in person whenever I need help. It was especially helpful since I was not very familiar with overseas remittance services.

Myanmar worker

I need to send payments to the U.S. from time to time, and the favorable exchange rate helps me save on costs. The service is also easy to use, which is great when I need to handle things quickly during work.

American business owner

I had many questions when sending money to Russia, but the support staff was very kind and helped me right away. The service is easy to use, so I have continued using it.

Russian student

MoneyBox Remit is not a system that simply processes remittances, but a financial service structure that manages results through completion.

MoneyBox Remit is an overseas remittance service based on Korea’s small-amount overseas remittance business under the Foreign Exchange Transactions Act. Registered operators are run under the management and supervision of financial authorities.

Real-name verification remittance process

Remittance processing through global partner networks

Remittance status management system

Available via app + offline branches

Customer KYC → Remittance request → Partner network processing → Local payout completion structure