| View previous topic :: View next topic |
| Author |
Message |
chaz47
Joined: 22 Apr 2005
Posts: 157
|
 Posted: Wed Jul 14, 2010 6:19 pm Post subject: setting up an international bank account from the US/SK? |
 |
|
I have a bit of money in South Korea that I do not want to bring back to the US. I would prefer to leave it in South Korea until the exchange rate improves but I have to move it out before August.
Any thoughts on an international bank that would be serviced throughout the world, especially Japan and Thailand?
I am currently in the US but my US bank/ATM/debit card hasn't worked in Japan or Thailand before and it is quite frankly a pain in arse when traveling. |
|
| Back to top |
|
 |
eclectic
Joined: 09 Nov 2006
Posts: 1122
|
| Posted: Thu Jul 15, 2010 5:18 am Post subject: |
|
|
| Im in the same boat but am in SK now. How did you keep your money in SK if youre now in US? Is it allowed? |
|
| Back to top |
|
|
scot47
Joined: 10 Jan 2003
Posts: 15343
|
| Posted: Thu Jul 15, 2010 9:44 am Post subject: |
|
|
| Look at banks located in the Channel Islands or the Isle of Man. |
|
| Back to top |
|
|
Chancellor
Joined: 31 Oct 2005
Posts: 1337
Location: Ji'an, China - if you're willing to send me cigars, I accept donations :)
|
| Posted: Thu Jul 15, 2010 1:18 pm Post subject: Re: setting up an international bank account from the US/SK? |
|
|
| chaz47 wrote: |
I have a bit of money in South Korea that I do not want to bring back to the US. I would prefer to leave it in South Korea until the exchange rate improves but I have to move it out before August.
Any thoughts on an international bank that would be serviced throughout the world, especially Japan and Thailand?
I am currently in the US but my US bank/ATM/debit card hasn't worked in Japan or Thailand before and it is quite frankly a pain in arse when traveling. |
What about using a bank that has branches in both countries? For example, HSBC (Hong Kong-Shanghai Banking Corporation) has branches in both countries (here's the HSBC Korea website: http://www.hsbc.co.kr/1/2/home). |
|
| Back to top |
|
|
MsDooLittle
Joined: 25 Jan 2009
Posts: 63
Location: somewhere else
|
| Posted: Thu Jul 15, 2010 2:34 pm Post subject: |
|
|
| Citibank is everywhere, and lets you have accounts in multiple currencies which you can then transfer between (online) when the rates are good. In my experience, its a good service. My atm card works everywhere. You'll need to drop into a branch, and I think they are in most states in the U.S (?) and they must be in SK. |
|
| Back to top |
|
|
johnslat
Joined: 21 Jan 2003
Posts: 13859
Location: Santa Fe, New Mexico, USA
|
|
| Back to top |
|
|
chaz47
Joined: 22 Apr 2005
Posts: 157
|
| Posted: Mon Jul 19, 2010 11:41 am Post subject: |
|
|
| eclectic wrote: |
| Im in the same boat but am in SK now. How did you keep your money in SK if youre now in US? Is it allowed? |
I was able to leave it open for 6 months after I left as I intended to return. I still do plan to return eventually. Right now I am awaiting a possible administrative position at a local university in the US, it might be a sweet gig. However, yeah, I need to get it all out of Woori by the first week of August.
What really really sucks is I managed to get a credit card in SK, which for a foreigner is quite a feat. I also had/have my own phone. All of this is tied to the account which I have to close in August. (sigh)
Thanks for that information on Citibank and HSBC. Any ideas which is more internationally entrenched? |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
