TopicExchange rates & FX
songgeum · /soŋ.ɡɯm/
송금
/soŋ.ɡɯm/noun
money sent, often abroad, to family or recipients
가족 등에게, 특히 해외로 보내는 돈, 송금
Exchange rates and fees heavily affect how much arrives.
환율과 수수료가 실제로 받는 금액에 크게 영향을 줍니다.
Examples
Workers abroad send a monthly remittance to their parents.
Banks compete on fees for each remittance transfer.
A weaker home currency makes each remittance stretch further.
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