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KEB Bank - Foreign Remittance even for illegal overstayers

 
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mrsquirrel



Joined: 13 Dec 2006

PostPosted: Wed Jul 04, 2007 4:53 pm    Post subject: KEB Bank - Foreign Remittance even for illegal overstayers Reply with quote

KEB Bank advertises that you can make foreign remittance even if you are an illegal overstayer. That you will get free insurance if you send more than 500,000 home at a time.

How exactly does this work. I presume they need to see your passport. Does this not put a foreign worker at risk of being deported for overstaying since they will be on record?
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spliff



Joined: 19 Jan 2004
Location: Khon Kaen, Thailand

PostPosted: Wed Jul 04, 2007 5:02 pm    Post subject: Reply with quote

It's OK to be an illegal as long as you're doing a job that no Korean wants to do....it's about being realistic. Very Happy
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OiGirl



Joined: 23 Jan 2003
Location: Hoke-y-gun

PostPosted: Wed Jul 04, 2007 7:01 pm    Post subject: Reply with quote

The bank is not Immigration.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Wed Jul 04, 2007 7:13 pm    Post subject: Re: KEB Bank - Foreign Remittance even for illegal overstaye Reply with quote

mrsquirrel wrote:
KEB Bank advertises that you can make foreign remittance even if you are an illegal overstayer. That you will get free insurance if you send more than 500,000 home at a time.

How exactly does this work. I presume they need to see your passport. Does this not put a foreign worker at risk of being deported for overstaying since they will be on record?


The bank only looks at the first page to confirm your ID and the last page to check for excessive foreign remittances.

They wouldn't have any idea about visa status or lack thereof (as defined by your ARC).
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OiGirl



Joined: 23 Jan 2003
Location: Hoke-y-gun

PostPosted: Wed Jul 04, 2007 7:20 pm    Post subject: Re: KEB Bank - Foreign Remittance even for illegal overstaye Reply with quote

ttompatz wrote:


The bank only looks at the first page to confirm your ID and the last page to check for excessive foreign remittances.

They wouldn't have any idea about visa status or lack thereof (as defined by your ARC).

Nothing put on the last page of my passport this time around.
But...they did check visas and contracts to determine...not sure what. But I did have to show and explain them. (I was sending less than 2 million, but it was more than my monthly earnings...not sure if they were looking for a certain percentage.)
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some waygug-in



Joined: 25 Jan 2003

PostPosted: Wed Jul 04, 2007 7:43 pm    Post subject: Reply with quote

cheese whiz... when I went to do it, they wanted my passport, my ARC, a current payslip on top of that.

I was only sending a million won home...

I guess it depends where you go and who you deal with.

Confused
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OiGirl



Joined: 23 Jan 2003
Location: Hoke-y-gun

PostPosted: Wed Jul 04, 2007 7:47 pm    Post subject: Reply with quote

I've never had a payslip at these jobs.
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