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Lordam International
Paju-si, South Korea
A
1-10 Employees
2021
Key takeaway
Lordam International specializes in on-board courier and hand carry services, ensuring secure and rapid delivery for time-sensitive consignments. Their adaptable approach allows them to tailor services to meet specific requirements, making them a reliable option for urgent shipments.
Reference
Core business
Lordam International – On Borad Courier Service
On Borad Courier Service
TieTax
Seoul, South Korea
A
1-10 Employees
-
Key takeaway
The company, TieTax, offers a comprehensive range of financial services for expats living abroad, which may include assistance with financial transactions such as wire transfers. Their focus on tax services and financial consulting suggests expertise in managing financial matters for expatriates.
Reference
Core business
TieTax - Tax Preparation and Financial Services for Expats
We provide a comprehensive range of tax services and financial consulting for Expats living abroad in Korea, Thailand, India, China, and internationally.
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The wire transfer service industry in South Korea is influenced by several key considerations that potential entrants should be aware of. Regulatory compliance is paramount, as the Financial Services Commission and the Bank of Korea oversee the financial sector, ensuring that companies adhere to anti-money laundering (AML) and know your customer (KYC) regulations. Understanding these regulations is crucial for maintaining operational legitimacy. Challenges include a highly competitive landscape, with both traditional banks and fintech companies vying for market share, which can impact pricing and service offerings. Opportunities exist in the increasing demand for digital payment solutions, especially among younger consumers and businesses engaged in international trade. The growth of e-commerce has further accelerated the need for efficient wire transfer services. Additionally, environmental concerns related to digital infrastructure and energy consumption are becoming more significant, prompting companies to adopt sustainable practices. Global market relevance remains high, as South Korea is a key player in international finance, with strong ties to global markets. Companies must also consider technological advancements, such as blockchain, which can enhance security and efficiency in wire transfers. Overall, understanding these factors will enable informed decision-making in the wire transfer service sector within South Korea.
Some interesting numbers and facts about your company results for Wire Transfer Service
| Country with most fitting companies | South Korea |
| Amount of suitable service providers | 1 |
| Average amount of employees | 1-10 |
| Oldest suiting company | 2021 |
| Youngest suiting company | 2021 |
Some interesting questions that has been asked about the results you have just received for Wire Transfer Service
What are related technologies to Wire Transfer Service?
Based on our calculations related technologies to Wire Transfer Service are Education, Engineering Services, IT & Technology Services, Healthcare Services, Consulting
Who are Start-Ups in the field of Wire Transfer Service?
Start-Ups who are working in Wire Transfer Service are Lordam International
Which industries are mostly working on Wire Transfer Service?
The most represented industries which are working in Wire Transfer Service are Finance and Insurance, Logistics, Supply Chain and Transportation
How does ensun find these Wire Transfer Service Companies?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.