tag:blogger.com,1999:blog-8417613683563024050.post60577370933439842..comments2024-03-12T01:46:10.572+09:00Comments on Ask the Expat: How much money should I bring to South Korea?The Expathttp://www.blogger.com/profile/10795876773477053551noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-8417613683563024050.post-42986136098382508882020-10-15T12:34:44.947+09:002020-10-15T12:34:44.947+09:00This is such an interesting blog. You are very kno...This is such an interesting blog. You are very knowledgeable about this subject.danielmikesephttps://www.blogger.com/profile/07659190458461626204noreply@blogger.comtag:blogger.com,1999:blog-8417613683563024050.post-42424543981905826152010-09-08T04:29:12.901+09:002010-09-08T04:29:12.901+09:00I had a question regarding Citibank. If I have an ...I had a question regarding Citibank. If I have an account in the US and have dollars in it, can I withdraw Wons in Korea without paying a rate? And if I do not get the actual currency exchange, how much is paid to Citibank?Sumeet Sahnihttps://www.blogger.com/profile/04260297467447082371noreply@blogger.comtag:blogger.com,1999:blog-8417613683563024050.post-85304851901210936712009-10-07T19:17:42.241+09:002009-10-07T19:17:42.241+09:00You used to be able to open an account with just y...You used to be able to open an account with just your passport, but (here in Busan, at least), banks are now only accepting an ARC as a valid form of ID. Now that you have to wait until after your health check to even apply for your ARC, it's extremely inconvenient for new teachers!celiac chicknoreply@blogger.comtag:blogger.com,1999:blog-8417613683563024050.post-25018801187640993372009-09-08T17:30:00.414+09:002009-09-08T17:30:00.414+09:00You do not need anything besides your passport or ...You do not need anything besides your passport or ARC to open an account. I've had accounts with six different banks over the course of my years here, and none of them have required anything besides a valid form of ID recognized by the Korean government. You may open one the day you arrive, and you should be issued an ATM card immediately. You may also use your passbook to make most ATM transactions as well.Gomushin Girlhttps://www.blogger.com/profile/06480861544911964833noreply@blogger.comtag:blogger.com,1999:blog-8417613683563024050.post-32189483123232225982009-08-19T05:46:09.373+09:002009-08-19T05:46:09.373+09:00I agree with LfM. Despite all the info saying othe...I agree with LfM. Despite all the info saying otherwise, my first-hand experience tells me different. Either way, it certainly wouldn't hurt to try. <br /><br />What did you bring into the bank on your second day?The Expathttps://www.blogger.com/profile/10795876773477053551noreply@blogger.comtag:blogger.com,1999:blog-8417613683563024050.post-39603378112042550662009-08-18T18:18:23.940+09:002009-08-18T18:18:23.940+09:00I got my Korean bank account the second day I was ...I got my Korean bank account the second day I was here. You don't need the ARC.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8417613683563024050.post-14177731907118532922009-08-18T00:59:31.919+09:002009-08-18T00:59:31.919+09:00I was planning on using traveler's checks, why...I was planning on using traveler's checks, why is cashing them a problem?Lola O.https://www.blogger.com/profile/00362529946061814699noreply@blogger.comtag:blogger.com,1999:blog-8417613683563024050.post-34760898033963307542009-08-17T19:25:05.553+09:002009-08-17T19:25:05.553+09:00So, you had to have your ARC? That perplexes me.So, you had to have your ARC? That perplexes me.The Expathttps://www.blogger.com/profile/10795876773477053551noreply@blogger.comtag:blogger.com,1999:blog-8417613683563024050.post-38827889217053630002009-08-17T19:09:02.310+09:002009-08-17T19:09:02.310+09:00Greetings,
ATM's that dispense money are a dim...Greetings,<br />ATM's that dispense money are a dime a dozen - and thankfully virtually all of them work. That most of them provide English service is nice - but make money transfers a one-way street FROM Korea TO your home country, or else you're paying double the fees. <br /><br />As for the airport being a good / bad place - check just before you leave what the 'sell price' is (the price you sell your dollars for won) online - xe.com is fine, but even google can do it too. <br /><br />KEB rocks - within an hour I had an account AND check / debit card opened with nothing more than an ARC and an address. I needed my passport for internet banking, which makes sending money home possible 24/7 without needing a special trip.<br /><br />Regarding stuff - craigslist and (shudder) Dave's. People are leaving all the time, and some of it will go for almost nothing if you can move it.Chris in South Koreahttps://www.blogger.com/profile/07114300133329984235noreply@blogger.com