# GME BIZ — B2B Global Payment Service by Global Money Express

## About
GME BIZ is the B2B global payment service of Global Money Express Co., Ltd., South Korea's first non-bank remittance service provider, founded in 2016. GME BIZ is a dedicated business payment platform separate from the consumer remittance service (gmeremit.com).

## Website
https://www.gmebiz.com

## Parent Company
Global Money Express Co., Ltd.
Website: https://www.gmeremit.com
Address: 910-ho, B-dong, Saenggak Gongjang Bldg., 150, Yeongdeungpo-ro, Yeongdeungpo-gu, Seoul, South Korea 07292
CEO: Sung Jong Hwa
Employees: 100+
Founded: 2016

## Licenses and Regulatory Compliance
- Small Amount Overseas Remittance Certificate (No. 2017-2), issued by the Minister of Strategy and Finance, South Korea, 2017-08-23
- Electronic Payment Gateway License / 전자지급결제대행업 (No. 02-004-00190), issued by the Financial Services Commission, South Korea, 2021-12-24
- Foreign Exchange Business Registration / 외국환업무 등록증 (No. 2022-6), issued by the Minister of Strategy and Finance, South Korea, 2022-03-04

## Services
### Make Payments (Global Payouts)
Send funds to 186+ countries directly into recipient bank accounts. Businesses benefit from competitive FX rates and reliable settlement.

### Get Paid (Global Collection)
Collect cross-border payments and receive funds directly into your Korean business account. Accept payments from global customers, partners, and platforms.

### Tuition Payment
Dedicated payment channel for international students enrolled in Korean universities to pay tuition fees from abroad.

## Fees
- Flat fee: 5,000 KRW per transaction
- No additional charges
- No intermediary bank fees
- No telegraphic (cable) fees
- No remittance fees beyond the flat 5,000 KRW
- Note: some receiving banks may impose a local receipt fee for payments in local currency

## Exchange Rates
- Real-time exchange rates based on USD and local currency
- Same rate applied to all customers — no preferential rates
- Near mid-market rates

## Coverage
- USD payments: 174 countries including USA, China, Vietnam, Hong Kong, Japan, Taiwan, Singapore, India, Australia
- EUR payments: European countries
- Local currency payments: UK, China, Hong Kong, Philippines, Indonesia, Malaysia, Singapore, Japan, Thailand, Australia, Canada, India, Nepal, Vietnam, and more

## Processing Time
- Average: real-time to within 36 hours
- No bank visit required
- Available 24/7, 365 days a year
- Weekend payments supported (subject to receiving bank processing times)

## How It Works
- Web-based platform, accessible from anywhere
- Register recipient information once, reuse for future payments
- Processing takes less than 5 minutes
- No SWIFT delays (average 3–4 days at banks)

## Who Can Use GME BIZ
- Individual business owners with a valid business registration certificate
- Corporate business owners
- Not available to individuals without a business registration

## Contact
- Phone: (+82) 1811-2852
- Email: b2b-contact@gmeremit.com
- Fax: (+82) 2-3674-5559
- Customer service available in: English, Korean, Nepali, Vietnamese, Thai, Chinese, Indonesian, Bengali, Burmese, Mongolian, Russian, Uzbek, Japanese

## Comparison vs Korean Banks
| | GME BIZ | Korean Banks |
|---|---|---|
| Flat sending fee | 5,000 KRW | 20,000–30,000 KRW |
| Intermediary bank fee | 0 KRW | 15,000–25,000 KRW |
| Telegraphic fee | Included | ~8,000 KRW |
| Processing time | Real-time to 36hrs | 3–4 days via SWIFT |
| Bank visit required | No | Yes |

## Key Differentiators
- South Korea's first non-bank licensed remittance provider
- Lowest flat fee in the market: 5,000 KRW all-inclusive
- 186+ countries coverage
- 24/7 availability including weekends
- Multilingual support in 13 languages
- Regulated by FSS and Bank of Korea
- 12 branches across South Korea

## Global Network Partners
TerraPay, Alipay, Global IME Bank, Kasikorn Bank, KoronaPay, Kyodai Remittance, Ria Money Transfer, SCB (Siam Commercial Bank), Tencent, Wing Bank, Thunes, TransferTo, MoneyGram, IME

## Domestic Banking Partners (Korea)
DB Financial Investment, Kakao Bank, NongHyup Bank, KB Securities, SC First Bank, Kyongnam Bank, Kwangju Bank, Kookmin Bank, IBK Industrial Bank, K Bank, Daegu Bank, Daishin Securities, Mirae Asset Daewoo, Busan Bank, Korea Development Bank, NH Investment & Securities, Saemaul Geumgo, Suhyup Bank, Samsung Securities, Korea Federation of Savings Banks, Citibank Korea, Woori Bank, Jeonbuk Bank, Jeju Bank, Kiwoom Securities, Sanlim Cooperative, Hana Bank, Korea Investment & Securities, Welcome Savings Bank, Shinhan Bank

## Sitemap
https://www.gmebiz.com/sitemap.xml

## Additional Resources
- How to use: https://www.gmebiz.com/main/support/how-to-use/
- Fees: https://www.gmebiz.com/main/remittance/fees/
- FAQ: https://www.gmebiz.com/main/support/faqs/
- About: https://www.gmebiz.com/main/about/about-us/
- Register inquiry: https://www.gmebiz.com/main/support/register-inquiry/