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bish
Joined: 09 Jun 2007
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 Posted: Sun Sep 16, 2007 4:30 pm Post subject: Transferring Money abroad with Nonghyup bank? |
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| Does anyone bank with Nonghyup? Is it possible to transfer money from them to a UK/foreign bank account? How do you do it? How much does it cost and how long does it take? |
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LuckyNomad
Joined: 28 May 2007
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| Posted: Sun Sep 16, 2007 4:41 pm Post subject: |
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| I've transfered money to the US from Nonghyup. I went with my co-teacher. You need your passport #, immigration card, and maybe 1 other thing. It took about 3 days for the money to show up in my American account. It was pretty cheap too. |
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mikekim
Joined: 11 Aug 2006
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| Posted: Sun Sep 16, 2007 5:58 pm Post subject: |
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To USA it costs me 10k won and $8 was taken from my US bank.
To canada it costs me 30k won to send and $10 is taken from my CDN bank. |
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daz1979
Joined: 29 Apr 2006
Location: Gangwon-Do
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| Posted: Sun Sep 16, 2007 6:04 pm Post subject: |
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| mikekim wrote: |
To USA it costs me 10k won and $8 was taken from my US bank.
To canada it costs me 30k won to send and $10 is taken from my CDN bank. |
Bish. You need your IBAN and swift code from the UK. Then, go with passport and ARC card in hand. It's very easy! |
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schwa
Joined: 18 Jan 2003
Location: Yap
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| Posted: Sun Sep 16, 2007 6:18 pm Post subject: |
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Smaller neighborhood branches generally wont handle transfers -- you need a larger branch with a foreign exchange desk.
Your recipient bank must be a chartered bank -- credit unions & such dont work.
Otherwise, piece of cake. |
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lowpo
Joined: 01 Mar 2007
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| Posted: Sun Sep 16, 2007 6:19 pm Post subject: |
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| LuckyNomad wrote: |
| I've transfered money to the US from Nonghyup. I went with my co-teacher. You need your passport #, immigration card, and maybe 1 other thing. It took about 3 days for the money to show up in my American account. It was pretty cheap too. |
If you have not wired money back home yet, but have a banking account.
What you need for the first time.
1. Your banks address back home.
2. Wire transfer name from your bank back home.
3. Your account number.
4. ARC card.
5. Passport. You will need your passport every time you wire money.
6. Your address in Korea, only the first time. |
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MissSeoul
Joined: 25 Oct 2006
Location: Somewhere in America
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| Posted: Sun Sep 16, 2007 6:51 pm Post subject: |
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| schwa wrote: |
Smaller neighborhood branches generally wont handle transfers -- you need a larger branch with a foreign exchange desk.
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It's true.
Smaller neighborhood branches in small town usually don't handle transfers, you need a larger branch in middle/large cities.
I just came back from korea, transfered $9500.00 to U.S bank and carried another $9500.00 with me to U.S.
Why $9500.00 ??
The bank told me the amount of money to transfer U.S has to be less than $10000.00 and also if I carry less than $10000.00 with me when I came back to U.S I don't have to report. |
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bish
Joined: 09 Jun 2007
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| Posted: Sun Sep 16, 2007 7:40 pm Post subject: |
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| daz1979 wrote: |
| mikekim wrote: |
To USA it costs me 10k won and $8 was taken from my US bank.
To canada it costs me 30k won to send and $10 is taken from my CDN bank. |
Bish. You need your IBAN and swift code from the UK. Then, go with passport and ARC card in hand. It's very easy! |
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bish
Joined: 09 Jun 2007
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| Posted: Sun Sep 16, 2007 7:41 pm Post subject: |
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| Cheers mate, I got the IBAN. Whats a swift code? |
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marckot
Joined: 16 Jan 2007
Location: Mokpo
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| Posted: Sun Sep 16, 2007 8:23 pm Post subject: |
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I wanted to use them to transfer money home and they told me that they could only transfer money home if I had been at my current job for more than three months and had proof of income. I went to three different main branches in my city and was told the same thing over and over. So I could not transfer money through them for the first three months. I walked across the street to KB bank and they sent it across without blinking an eye.
You MUST show them proof of income everytime you want to sent money home. Get your school to print out your monthly income sheet and take it with you. |
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bish
Joined: 09 Jun 2007
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| Posted: Sun Sep 16, 2007 8:33 pm Post subject: |
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| marckot wrote: |
I wanted to use them to transfer money home and they told me that they could only transfer money home if I had been at my current job for more than three months and had proof of income. I went to three different main branches in my city and was told the same thing over and over. So I could not transfer money through them for the first three months. I walked across the street to KB bank and they sent it across without blinking an eye.
You MUST show them proof of income everytime you want to sent money home. Get your school to print out your monthly income sheet and take it with you. |
And did you have an account with KB when you transfered it with them? |
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daz1979
Joined: 29 Apr 2006
Location: Gangwon-Do
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