Send Money to MoMo Vietnam from Korea: Complete Guide

Over 200,000 Vietnamese workers in Korea send money home every month. MoMo, Vietnam's leading mobile wallet with 50+ million users, has become the most popular way for families to receive and use that money instantly.

This guide shows you how to get money from Korea into your family's MoMo wallet quickly and cheaply.

The Short Answer: How It Works

You cannot send money directly to MoMo from Korea. Instead:

1. You send money to a Vietnamese bank account using a Korean remittance service
2. Money arrives in the bank (typically 4-24 hours)
3. If the bank is linked to MoMo, money transfers automatically
4. Your family uses the money immediately through MoMo

The key step: Tell your family to link their bank account to MoMo. It takes 2 minutes in the MoMo app and makes everything automatic.

Best Remittance Services for Vietnam

Important: The cheapest option changes daily based on exchange rates. Always compare before sending.

Compare real-time rates on RemitBuddy

Cost Comparison Example

Sending 1,000,000 KRW to Vietnam:

Savings: Using Gmoneytrans instead of a bank saves 945,700 VND (about 51,000 KRW).

Rates shown are examples. Actual rates vary daily.

Step-by-Step: Send Money to MoMo

What You Need

Your side (Korea):

• Alien Registration Card (ARC) or passport
• Korean phone number
• Korean bank account

Recipient side (Vietnam):

• Vietnamese bank account number
• Bank name (Vietcombank, BIDV, Techcombank, etc.)
• Full name (exactly as on Vietnamese ID)
• Vietnamese ID number (CCCD)
• Phone number

The Process

Step 1: Compare and choose a service

Check RemitBuddy for current rates. Pick the service offering the highest VND for your amount.

Step 2: Register (first time only)

Download the app, enter your personal info, upload ARC photos, take a selfie. Verification takes 1-24 hours.

Step 3: Add recipient

Enter your family member's bank details. Double-check the name spelling—it must match their Vietnamese ID exactly.

Step 4: Enter amount and review

Check the exchange rate, fee, and total VND your family will receive. Rates are usually locked for 10-30 minutes.

Step 5: Pay and track

Pay via bank transfer (cheapest) or card. You'll get a reference number to track the transfer.

Step 6: Money arrives

Your family receives money in their bank account. If linked to MoMo, it transfers automatically.

How Your Family Links Bank to MoMo

This is a one-time setup that takes 2 minutes:

1. Open MoMo app
2. Go to "My Wallet" → "Linked Bank Account"
3. Select their bank
4. Enter account number
5. Verify with OTP from bank

After linking, every transfer you send will appear in MoMo automatically.

Supported banks: Vietcombank, BIDV, Techcombank, VietinBank, ACB, MB Bank, and most major banks.

Transfer Speed

Faster transfers: Send Monday-Friday, 9 AM - 5 PM Korean time, with verified recipient details.

Slower transfers: Weekends, holidays, first-time transfers, large amounts.

Avoid Vietnamese Holidays

Send money at least 1 week before Tet. Banks close for nearly a week.

Money-Saving Tips

1. Compare before every transfer

The cheapest service changes daily. Checking takes 2 minutes and saves 100,000-300,000 VND per transfer.

2. Send larger amounts less often

Sending 1,000,000 KRW monthly instead of 250,000 KRW weekly saves about 15,000 KRW/month in fees.

3. Watch the exchange rate, not just fees

For amounts over 1,000,000 KRW, a 0.1 VND better rate saves more than a 5,000 KRW fee difference.

4. Use first-time bonuses

Most services offer free or discounted first transfers. Try different services to stack these benefits.

5. Keep records for tax benefits

Foreign workers in Korea may qualify for 10-15% income tax reduction on remittances. Save all receipts.

Read more: Tax Incentive Guide for Foreign Workers

Safety Checklist

Before sending:

• Confirm bank account number with your family by phone
• Verify name spelling matches Vietnamese ID exactly
• Test with a small amount (50,000-100,000 KRW) for new recipients

Protect your account:

• Use different passwords for each service
• Enable two-factor authentication
• Never share verification codes with anyone

Red flags:

• Anyone asking for your password (real support never does)
• Rates that seem too good to be true
• Apps not downloaded from official stores

FAQ

Can I send money directly to MoMo from Korea?

Not directly. You send to a Vietnamese bank account, and if linked to MoMo, money transfers automatically.

How long does it take?

Typically 4-24 hours to the bank, then instant to linked MoMo.

What's the cheapest way?

It varies daily. Compare on RemitBuddy before each transfer.

What if I enter wrong information?

Recovery is difficult and can take weeks. Always verify details before confirming.

Can E-9 visa workers send money?

Yes. E9Pay is designed specifically for E-9 workers, but all services accept E-9 visa holders.

What are the limits?

Typically 50,000-100,000 KRW minimum, 3,000,000-10,000,000 KRW maximum per transaction. Annual limits vary by visa type.

Summary

1. Korean remittance services send to Vietnamese bank accounts
2. Link that bank to MoMo for automatic transfers
3. Compare rates on RemitBuddy before every transfer
4. Send on weekdays during business hours for fastest delivery
5. Keep records for potential tax benefits

Your family works hard for every won you send home. Make sure they receive the maximum VND by comparing services first.

Compare rates now on RemitBuddy

Related Guides

• Real-time Remittance to Vietnam 2026 — Korea's new instant transfer system
• Hanpass vs GME vs E9Pay Comparison — Detailed service comparison
• Tax Incentive Guide for Foreign Workers — Save on income taxes