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Mulkaccino
Joined: 15 May 2007 Location: Under The Pipal Tree
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Posted: Thu Feb 14, 2008 8:56 am Post subject: Moving Money through Multiple Countries |
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Hello all,
I'm getting ready to teach in S. Korea and have a question about banking. If I were to teach in a few countries over the next several years, what would you suggest for banking options? I'm just trying to keep all the money I earned and not lose it in fees and taxes while traveling from country to country. Can anyone point me in the right direction so I can at least help myself?
Your help is much appreciated. Thanks!
-Mulk |
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SuperFly

Joined: 09 Jul 2003 Location: In the doghouse
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Posted: Thu Feb 14, 2008 12:38 pm Post subject: |
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Here's how we did it in the good old days gone by:
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livinseoul

Joined: 28 Nov 2007
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Posted: Thu Feb 14, 2008 2:48 pm Post subject: |
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One option would be to put all your monies onto your Credit Card. Therefore your CC becomes a debit card if you like.
What I did was put money in an offshore account(Jersey in the UK) and then withdrew money via telephone to a bank account in the country I was residing. Very very safe and convenient. |
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Gaber

Joined: 23 Apr 2006
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Posted: Thu Feb 14, 2008 10:22 pm Post subject: |
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SuperFly wrote: |
Here's how we did it in the good old days gone by:
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yep, thats what got me through a 4 country, 3 continent stint of teaching gigs over the last year or so. |
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