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can someone verify this?
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koreaking



Joined: 05 Sep 2006
Location: Omokyo, Seoul

PostPosted: Wed May 16, 2007 6:27 pm    Post subject: can someone verify this? Reply with quote

i have a couple of bank accounts, one with KEB and the other Nonhyup

my question is, would they be a "checking" or "savings" account?

they are just regular bank accounts. just the basic ones they give you. they gave me a bank book and card

i have had a problem with wire transfers from abroad. they get rejected, so im thinking this may be a cause of that.

thx
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I-am-me



Joined: 21 Feb 2006
Location: Hermit Kingdom

PostPosted: Wed May 16, 2007 6:33 pm    Post subject: Reply with quote

Are you okay?
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koreaking



Joined: 05 Sep 2006
Location: Omokyo, Seoul

PostPosted: Wed May 16, 2007 7:27 pm    Post subject: Reply with quote

I-am-me wrote:
Are you okay?


what was that supposed to mean?? Rolling Eyes Rolling Eyes

i think youre the one you be asked that question

since you probably never did a wire transfer in your LIFE before, ill explain.
when sending one, you gotta provide your home bank the correct info, INCLUDING whether the account is a savings or checking account. so i need to know if the normal bank accounts that korean banks give is one or the other?? it does not show which i have on the bank books

NOW do you understand???
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Stephne



Joined: 16 May 2007

PostPosted: Wed May 16, 2007 7:32 pm    Post subject: Reply with quote

KoreaKing, I may be wrong, but from what I understand it is a savings account if they give you a "book" and a card. Apparently these cards can't always be used internationally either. Ask the bank to give you their SWIFT number. It is the number banks use to transfer funds between banks. I hope this helps and I hope you manage to get the issue resolved.
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caniff



Joined: 03 Feb 2004
Location: All over the map

PostPosted: Wed May 16, 2007 7:32 pm    Post subject: Reply with quote

koreaking wrote:
I-am-me wrote:
Are you okay?


what was that supposed to mean?? Rolling Eyes Rolling Eyes

i think youre the one you be asked that question

since you probably never did a wire transfer in your LIFE before, ill explain.
when sending one, you gotta provide your home bank the correct info, INCLUDING whether the account is a savings or checking account. so i need to know if the normal bank accounts that korean banks give is one or the other?? it does not show which i have on the bank books

NOW do you understand???


I understand the confusion, but the answer is you just need a target address.

Bank's physical address, your name, and account number. Your account number determines whether it is a checking or savings account.

As long as you get that information correct, a Korean bank should have no problem.

(Am I getting soft in my old age? 2 years ago I would have said something snarky)
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Pak Yu Man



Joined: 02 Jun 2005
Location: The Ida galaxy

PostPosted: Wed May 16, 2007 9:51 pm    Post subject: Reply with quote

Do you get cheques? Didn't think so. It's a saving account.
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willneverteachagain



Joined: 17 Dec 2006

PostPosted: Wed May 16, 2007 9:59 pm    Post subject: Reply with quote

my account is a checking/saving with checks

OP: call your bank or email them and ask who their sister bank is in korea, the wires will be cheaper and go smother. if it's not a bank u have an account with now, close it and open an account at the bank ur home bank says is their sister bank
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jinju



Joined: 22 Jan 2006

PostPosted: Wed May 16, 2007 10:13 pm    Post subject: Reply with quote

Op, seriously, are you ok? No problems at all? Other than this banking one? Are you ok? We are worried about you...
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caniff



Joined: 03 Feb 2004
Location: All over the map

PostPosted: Wed May 16, 2007 10:30 pm    Post subject: Reply with quote

jinju wrote:
Op, seriously, are you ok? No problems at all? Other than this banking one? Are you ok? We are worried about you...


Jinju, we all know what a cornered person in distress is likely to do. Let's all just give some breathing room here......
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willneverteachagain



Joined: 17 Dec 2006

PostPosted: Wed May 16, 2007 11:07 pm    Post subject: Reply with quote

what the hell are u guys talking about?
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koreaking



Joined: 05 Sep 2006
Location: Omokyo, Seoul

PostPosted: Thu May 17, 2007 3:38 am    Post subject: Reply with quote

willneverteachagain wrote:
what the hell are u guys talking about?


yeah, thats what im wondering about!! no wonder all i hear about from others is complaining and wise cracks on this forum.

cant a person ask a simple question?????

im sure the dumba@@s that responded are EXPERTS in every field that they need no help at all ever. Rolling Eyes Rolling Eyes
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koreaking



Joined: 05 Sep 2006
Location: Omokyo, Seoul

PostPosted: Thu May 17, 2007 3:39 am    Post subject: Reply with quote

jinju wrote:
Op, seriously, are you ok? No problems at all? Other than this banking one? Are you ok? We are worried about you...


i should be asking you that question, since i assume youre the one living in jinju Laughing

dont waste your time worrying, just go find an ocean to walk into Laughing
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I-am-me



Joined: 21 Feb 2006
Location: Hermit Kingdom

PostPosted: Thu May 17, 2007 8:38 am    Post subject: Reply with quote

C'mon, don't beat around the bush. You really want a money loan and are afraid to ask for one. We are all teachers here; how much do you need? School not paying you on time? I can give you a good interest rate. As for the wire transfers, just ask the bank to give you their info to give to your bank. Pretty easy, huh?
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jinju



Joined: 22 Jan 2006

PostPosted: Thu May 17, 2007 3:24 pm    Post subject: Reply with quote

koreaking wrote:
jinju wrote:
Op, seriously, are you ok? No problems at all? Other than this banking one? Are you ok? We are worried about you...


i should be asking you that question, since i assume youre the one living in jinju Laughing

dont waste your time worrying, just go find an ocean to walk into Laughing


Actually I live in Seoul.....Im serious though...no problems adjusting to Korea? Emotional lows?
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Kyrei



Joined: 22 Jan 2003

PostPosted: Thu May 17, 2007 3:29 pm    Post subject: Reply with quote

Ignore the trolls...

Mark it as a savings account and make sure the address is perfectly written in Western style and order. I have made money transfers before and never had a problem, other than the excesive transfer fee that the rat-bastards charged me.
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