Top reasons for remittances by people in their 50s in South Korea 2018, by number

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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Source

Release date

July 2019

Region

South Korea

Survey time period

2018

Special properties

based on customer transaction data using Hana Bank

Supplementary notes

Figures have been rounded.

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