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 

Int'l Bank Card NO MORE
Goto page 1, 2, 3, 4, 5, 6  Next
 
Post new topic   Reply to topic    Korean Job Discussion Forums Forum Index -> General Discussion Forum
View previous topic :: View next topic  
Author Message
ESL Girl



Joined: 03 Sep 2007

PostPosted: Sun Dec 02, 2007 11:55 pm    Post subject: Int'l Bank Card NO MORE Reply with quote

As of August 2007, Korean banks stopped issuing international bank cards to foreigners. Those who already have one- you're lucky. But keep it safe - because you won't be getting another one.

I inquired at Nonghyup for a card last week. All seemed well and in processing, until my co-teacher receieved a call today stating that I could not have one because I am a foreigner. Supposedly, some foreigners from abroad withdrew their entire accounts and then some, and never returned to repay the excess. I would like to send out an FU to whomever they may be.

However, I heard that some banks may still be issuing these invaluable cards. Has anyone gotten one SINCE September 2007? Any suggestions?
Back to top
View user's profile Send private message
Milwaukiedave



Joined: 02 Oct 2004
Location: Goseong

PostPosted: Mon Dec 03, 2007 12:03 am    Post subject: Reply with quote

Unless something has changed, this is the bank's rules not the government's roles. I have gotten a card from Hana Bank and KB, but neither are anything close to what I wanted.

Also people have said that different branches interpret the rules differently.
Back to top
View user's profile Send private message
ESL Girl



Joined: 03 Sep 2007

PostPosted: Mon Dec 03, 2007 1:03 am    Post subject: Reply with quote

When did you get your international bank cards? Before August 2007?
Back to top
View user's profile Send private message
curlygirl



Joined: 26 Mar 2007
Location: Pundang, Seohyeon dong

PostPosted: Mon Dec 03, 2007 1:19 am    Post subject: Reply with quote

I asked a Korean friend to call Nonghyup, Wooribank, KEB and Shinhan banks 2 months ago as I'd had no joy walking into my local bank and asking for an international ATM card. All four banks told her that the rules had changed within the previous few weeks (this was in August) and that foreigners would no longer be issued with international ATM cards. Quote/unquote.
Back to top
View user's profile Send private message
indytrucks



Joined: 09 Apr 2003
Location: The Shelf

PostPosted: Mon Dec 03, 2007 1:20 am    Post subject: Reply with quote

My bank is Standard Chartered. I recently lost my wallet (major headache) and had to replace all my cards. They first gave me a domestic only card, but then I told them my old card was international. They changed it with no problems.
Back to top
View user's profile Send private message
xtchr



Joined: 23 Nov 2004

PostPosted: Mon Dec 03, 2007 1:32 am    Post subject: Re: Int'l Bank Card NO MORE Reply with quote

ESL Girl wrote:
Supposedly, some foreigners from abroad withdrew their entire accounts and then some,


They probably just got carried away with the novelty of the card actually working.


I got one from Nonghyup at the very end of July, but only after going to 3 different branches. They all said that foreigners had never been permitted to have intl cards (an outright lie evidently designed to get me to leave), so I showed them my expired one from two years ago, and eventually got a new one issued to me.
It worked in NZ for two weeks, and then no more Mad .
Back to top
View user's profile Send private message
ESL Girl



Joined: 03 Sep 2007

PostPosted: Mon Dec 03, 2007 1:35 am    Post subject: So Reply with quote

So - has anyone been able to get their FIRST international bank card from a Korean bank since August 2007? If you have gotten one since then - but had one before - I think you are in a different situation.
Back to top
View user's profile Send private message
normalcyispasse



Joined: 27 Oct 2006
Location: Yeosu until the end of February WOOOOOOOO

PostPosted: Mon Dec 03, 2007 2:10 am    Post subject: Reply with quote

Korea Sparkling! Yeosu Expo 2012 Korea yay! So good number one hub of Asia!

I'm just keeping my fingers crossed that my int'l card works in Nepal this January.
Back to top
View user's profile Send private message Visit poster's website
yingwenlaoshi



Joined: 12 Feb 2007
Location: ... location, location!

PostPosted: Mon Dec 03, 2007 2:16 am    Post subject: Re: Int'l Bank Card NO MORE Reply with quote

ESL Girl wrote:
As of August 2007, Korean banks stopped issuing international bank cards to foreigners. Those who already have one- you're lucky. But keep it safe - because you won't be getting another one.

I inquired at Nonghyup for a card last week. All seemed well and in processing, until my co-teacher receieved a call today stating that I could not have one because I am a foreigner. Supposedly, some foreigners from abroad withdrew their entire accounts and then some, and never returned to repay the excess. I would like to send out an FU to whomever they may be.

However, I heard that some banks may still be issuing these invaluable cards. Has anyone gotten one SINCE September 2007? Any suggestions?


Well then I guess they shouldn't let foreigners overdraw. You should, however, be allowed to withdraw up to the amount you have in your account.

Why are these regulations in place? To avoid illegal activities? That's my guess. I would hardly think it's to make it harder for people to leave and withdraw their hard-earned money from abroad.

What's the deal with other countries like Taiwan, Japan, and China?
Back to top
View user's profile Send private message
CentralCali



Joined: 17 May 2007

PostPosted: Mon Dec 03, 2007 3:25 am    Post subject: Reply with quote

Tell your coteacher to call the bank back and tell them you're going to the government agency in chargeof consumer affairs. When they ask why, tell them because they discriminated against you illegally.
Back to top
View user's profile Send private message
Milwaukiedave



Joined: 02 Oct 2004
Location: Goseong

PostPosted: Mon Dec 03, 2007 3:44 am    Post subject: Reply with quote

Much of the problem with the international debit cards is that people want them purly for the purpose of withdrawling their money from their home country. That's why they are making it so difficult to get them.

I'm finally gettting a Korean credit card. It will be interesting to see how that works.
Back to top
View user's profile Send private message
DCJames



Joined: 27 Jul 2006

PostPosted: Mon Dec 03, 2007 3:48 am    Post subject: Re: So Reply with quote

ESL Girl wrote:
So - has anyone been able to get their FIRST international bank card from a Korean bank since August 2007? If you have gotten one since then - but had one before - I think you are in a different situation.


What good would getting an international bank card do anyway?

It might not even work overseas if you ever get one. Rolling Eyes
Back to top
View user's profile Send private message
slothrop



Joined: 03 Feb 2003

PostPosted: Mon Dec 03, 2007 4:14 am    Post subject: Reply with quote

edit

Last edited by slothrop on Tue Apr 17, 2012 8:25 am; edited 2 times in total
Back to top
View user's profile Send private message
yingwenlaoshi



Joined: 12 Feb 2007
Location: ... location, location!

PostPosted: Mon Dec 03, 2007 4:21 am    Post subject: Reply with quote

slothrop wrote:
August 2007?!!! korean banks haven't been issuing international bank cards to foreigners for years now. They all say the same thing. it's korean law. when you tell them you know that they are lying, that it's not korean law, they nervously chuckle and say, yes, yes, you're right, it's my banks law, because of some bad foreigners. all korean banks are liars and racists. I'm a gold member at kookmin bank. I've had an account there for 10 years and have a substantial amount of money in my accounts. they give me all the benefits a korean would get EXCEPT an international bank card. I actually had one for many years that worked. By accident i washed it in my jeans. It still worked but i wanted a new one. i knew at the time that foreigners were getting screwed over with intl bank cards, and i told the bank teller my situation. she told me not to worry, that I was a gold member and I could have an intl bank card, no problem, and she ave me a new one. then i went to the phillipines and it didn't work. I was in a foreign country with no access to my money. luckily, i had some travelers checks because i suspected the BIACH at kookmin bank was a liar or too stupid to breath. when i got back to korea i confronted her and she called someone on the phone and said "oh so sorry, foreigner can not have intl bank card". i told her that that is exactly what i told her and she promised me that i could. i yelled at her that at worst she was a racist and a liar and at best a dingbat that was too stupid to keep her job. i was furious. she said there was nothing she could do and they could not give me a card that worked internationally even while admitting that it was her mistake that landed me in that situation to begin with. I was red faced and furious and thought i'd better just leave before i do something i might regret. on my way out of the bank everyone was smiling at me like the stepford wives.


That's when you calmly say, "Ok, I want to withdraw all of my money and close my accounts. Thank you." And give them a *beep*-eating grin.
Back to top
View user's profile Send private message
TexasPete



Joined: 24 May 2006
Location: Koreatown

PostPosted: Mon Dec 03, 2007 4:26 am    Post subject: Reply with quote

Does anyone know if opening an HSBC account is a way of getting around this? Like if i were to go to an HSBC here in Korea and open an account, would they give me an international debit card?
Back to top
View user's profile Send private message Visit poster's website AIM Address Yahoo Messenger
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
Goto page 1, 2, 3, 4, 5, 6  Next
Page 1 of 6

 
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