25 noTE • These fees are subject to change periodically. Please check with your bank for the most up-to-date figures. • The Shinhan fees listed above do not take into consideration any intermediary or receiving bank fees charged by the respective institutions. • The Moneygram fees listed above only apply to the Philippines; fees to other nations (including Bangladesh, Cambodia, Cameroon, China, Ghana, India, Indonesia, Japan, Mongolia, Nepal, Nigeria, Russia, Sri Lanka, Thailand, the U.S., Uzbekistan and Vietnam) vary by country and by the amount sent. For more information, call our Shinhan foreign language call center at 1577-8380 or (02) 3449-8380 on weekdays from 9 a.m. to 5 p.m. First and foremost, you must consider how quickly you need the funds delivered and how much you are willing to pay for this service. While Moneygram will always be the fastest option, it is not always the cheapest. Amount Shinhan Bank (Regular) Shinhan Bank (Online / ATM / mobile banking) Moneygram $100 18,000 won 13,000 won $13 $300 18,000 won 13,000 won $14 $500 18,000 won 13,000 won $18 $1,000 18,000 won 13,000 won $20 $5,000 23,000 won 15,500 won $100 $10,000 28,000 won 18,000 won $140 GoinG THE EXTERnal RoUTE Alternatively, the Moneygram service can deliver your remittance in around 10 minutes. It is important to determine if your family or friend lives near a Moneygram collection center; if they do not, there is not much point in sending the funds to them via this method. In the case of sending to the Philippines, for example, the fees are as follows: Up to $100 = $13 charge Up to $300 = $14 charge Up to $400 = $16 charge Up to $500 = $18 charge Up to $1,000 = $20 charge To put this into context, if you were to send the following amounts to the Philippines, here’s how the two services compare: