Korean Job Discussion Forums

[Cherbear]

I'm trying to gather all my info so that I can send money back home to Canada. Where can I find my routing number? I know that it's supposed to be on the bottom of my check, but which number is it? And what's the difference between a routing number and transit number? Is one for the US and the other for Canada? Do I need both or just one?

[peppermint]

Just bring them a voided cheque, they can figure it out from that

[chickyabroad]

You might want to call your bank and ask what you need. To send money from Korea to my bank in the US, I needed the ABA number, not the routing number.

[blackjack]

all I need is a swift number

http://en.wikipedia.org/wiki/ISO_9362

to find it either go to your bank web page and search or email your bank manager

[cheeseface]

Every country has a slightly different system of names but once they go international the numbers all add up.......

I've sent money to and from India, Thailand, Germany, Jamaica, Canada, Korea and Japan basically they just have a different name for the numbers you need..... Any bank in any country that has a foreign exchange will be able to help you as they do this kind of stuff everyday

[DongtanTony]

On a standard check...

The number on the left will be the corresponding check number.

The next series of numbers will be your "routing" or ABA number.

The numbers to the right will be your account number.

You will also need the SWIFT/IBC code of your banking institution....and sometimes the information for an intermediary institution.

Note-----your Korean bank will perform a currency exchange before they make the transfer.....thus.....you want your SWIFT/IBC code for international remittances in US dollars......not foreign currency

[Ut videam]

If your bank has a US division/subsidiary, you won't need the SWIFT number�they'll route the transfer through their own division/subsidiary and keep the international telegraphic transfer fees all in the family.

In these cases, all you'll need is the routing number (9 digits in the lower left corner of your check�sometimes also called the ABA number).

Incidentally, depending on whether your stateside bank charges for incoming wire transfers, going with a bank with a US presence can save you some money in fees. The wire transfer into your American account will appear as an incoming domestic wire, which is generally cheaper than an incoming international wire (if not completely free).

KEB has an American presence... as does Citibank (obviously), HSBC... any I'm missing here?