Site Search:
 
Speak Korean Now!
Teach English Abroad and Get Paid to see the World!
Korean Job Discussion Forums Forum Index Korean Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

11 PM ATM Curfew

 
Post new topic   Reply to topic    Korean Job Discussion Forums Forum Index -> General Discussion Forum
View previous topic :: View next topic  
Author Message
Voyeur



Joined: 19 Jun 2003

PostPosted: Sun Dec 31, 2006 10:16 am    Post subject: 11 PM ATM Curfew Reply with quote

Are there any places that let you get cash after 11pm using a DOMESTIC ATM card (not VISA or foreign card)?

I seem to recall having gotten money out really late a few times. But usually after 11 PM I'm SOL.

And anyone know why there is this silly rule anyways. I hate it. Forces me to carry mass cash with me anytime I go out in case something happens and I want to capitalize on an opportunity to pary harder etc..

But cash has a way of spending itself - more you take out, more you spend. It isn't quite the same with plastic for me.

How do you guys get around this problem? I don't have a credit card or bank card from home - severed all ties to Canada for tax safety reasons. They won't give me a Korean one (probably could get a secured credit card I guess if I put up say a 3,000,000 won bond as collateral - just never got around to looking at that option).
Back to top
View user's profile Send private message
RACETRAITOR



Joined: 24 Oct 2005
Location: Seoul, South Korea

PostPosted: Sun Dec 31, 2006 10:23 am    Post subject: Re: 11 PM ATM Curfew Reply with quote

A couple weeks ago I was stranded in Hongdae when I found the perfect place. In front of the "Good Morning" convenience store on the main street, there's an outdoor ATM that dispenses cash late into the night. I'm guessing because it's so ghetto that nobody uses it.
Back to top
View user's profile Send private message Visit poster's website
Voyeur



Joined: 19 Jun 2003

PostPosted: Sun Dec 31, 2006 10:27 am    Post subject: Reply with quote

hmm...so is there a law..or why would all banks stop offering cash at 11 pm voluntarily etc...

DOesn't make sense.
Back to top
View user's profile Send private message
Qinella



Joined: 25 Feb 2005
Location: the crib

PostPosted: Sun Dec 31, 2006 10:59 am    Post subject: Reply with quote

I've heard about this but never experienced it. Definitely withdrew money well after 11pm on many occasions.
Back to top
View user's profile Send private message
RACETRAITOR



Joined: 24 Oct 2005
Location: Seoul, South Korea

PostPosted: Sun Dec 31, 2006 11:30 am    Post subject: Reply with quote

It's weird. When you need to withdraw money, it doesn't work, such as Hongdae after midnight when you don't have enough cab fare.
Back to top
View user's profile Send private message Visit poster's website
Voyeur



Joined: 19 Jun 2003

PostPosted: Sun Dec 31, 2006 12:02 pm    Post subject: Reply with quote

why wouldn't all atms be 24 hour?
Back to top
View user's profile Send private message
JZer



Joined: 13 Jan 2005
Location: South Korea

PostPosted: Sun Dec 31, 2006 1:23 pm    Post subject: Reply with quote

It's Korea. Nothing makes sense.
Back to top
View user's profile Send private message Yahoo Messenger
Beej



Joined: 05 Mar 2005
Location: Eungam Loop

PostPosted: Sun Dec 31, 2006 3:29 pm    Post subject: Reply with quote

JZer wrote:
It's Korea. Nothing makes sense.


There is some sort of law that prohibits atm withdrawals after 11. It is supposed to keep korean men from acting foolish and wasting money on booze and hookers.
There was one bank that was exempt from this law and this was the bank where Korean guys had their secret ( from their wives) slush fund accounts. This was a few years ago so it may be changed now.
Back to top
View user's profile Send private message
aldershot



Joined: 17 Jul 2006

PostPosted: Sun Dec 31, 2006 4:40 pm    Post subject: Reply with quote

Beej wrote:
JZer wrote:
It's Korea. Nothing makes sense.


There is some sort of law that prohibits atm withdrawals after 11. It is supposed to keep korean men from acting foolish and wasting money on booze and hookers.
There was one bank that was exempt from this law and this was the bank where Korean guys had their secret ( from their wives) slush fund accounts. This was a few years ago so it may be changed now.


that's nuts. do korean men need their hand to be held ALL the time? i guess so. absolutely nuts.
Back to top
View user's profile Send private message
JZer



Joined: 13 Jan 2005
Location: South Korea

PostPosted: Sun Dec 31, 2006 5:32 pm    Post subject: Reply with quote

I guess most men probably have credit cards so I bought that it really matters whether they can use ATMs!
Back to top
View user's profile Send private message Yahoo Messenger
andrew



Joined: 30 Jan 2003

PostPosted: Sun Dec 31, 2006 6:16 pm    Post subject: Reply with quote

.....

Last edited by andrew on Sat May 09, 2009 5:32 am; edited 1 time in total
Back to top
View user's profile Send private message Send e-mail
blackjack



Joined: 04 Jan 2006
Location: anyang

PostPosted: Sun Dec 31, 2006 7:42 pm    Post subject: Reply with quote

The Atms which are in the 7/11, minimart,gs25s tend to be open 24hrs, while most of the bank ones tend to close 10.30-11. If i remember correctly it is to protect the smaller country banks (how i am not sure but thats what i read)
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Korean Job Discussion Forums Forum Index -> General Discussion Forum All times are GMT - 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


This page is maintained by the one and only Dave Sperling.
Contact Dave's ESL Cafe
Copyright © 2018 Dave Sperling. All Rights Reserved.

Powered by phpBB © 2001, 2002 phpBB Group

TEFL International Supports Dave's ESL Cafe
TEFL Courses, TESOL Course, English Teaching Jobs - TEFL International