💸 What Is ORIS? Send Money Smarter with CoinShot
Which service do you use when sending money overseas?
In January 2026, South Korea introduced a major change in its remittance system.
This came with the launch of ORIS (Overseas Remittance Integrated System).
Let’s break down what this means for you — and why using CoinShot makes things easier 😊
📌 What is ORIS?
ORIS is a system built on the Bank of Korea’s foreign exchange network.
It integrates and manages remittance records from all financial institutions in real time.
- Bank limit (without documents): $100,000/year (unchanged)
- Fintech/remittance services: Increased from $50,000 → $100,000/year
- Designated bank requirement: Removed
- Limit tracking: Now managed in real-time across institutions
💡 Why Use CoinShot in the ORIS Era
✅ Lower Fees — Keep More of Your Money
Traditional remittance often includes hidden fees — transfer fees, intermediary bank charges, and more.
With CoinShot, you get a flat fee, regardless of the amount.
💬 Sending $500 monthly? Saving even $10/month means $120/year.
✅ Fast Transfers — Anytime You Need
No more waiting 2–3 business days.
📱 Open app → Select country → Choose recipient → Enter amount → Done
Available 24/7, even on weekends 🕐
✅ Smart Limit Tracking — Powered by ORIS
- 🔍 Check your remaining limit in real-time
- 🛡️ Prevent violations automatically
- 📋 Transparent transaction history
✅ Foreigner-Friendly — Send Globally from Korea
- 🌏 Supports expats in Korea
- 📄 Multi-language app
- 💳 Wallet feature for easy payments
- 🌐 Supports 224 countries
📊 Summary
- ORIS: Real-time integrated remittance system
- Launch: January 2026
- Change: Unified $100K limit, no designated bank
- CoinShot: Low fees + Fast + Transparent
📲 Start with CoinShot Today
Download now and check real-time exchange rates 🔽
This article is for informational purposes only.
