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Ilsanman
Joined: 15 Aug 2003
Location: Bucheon, Korea
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 Posted: Thu Dec 25, 2008 6:51 pm Post subject: |
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Hardly a useful response. 'It's Korea. They're racist pigs. Accept it.'
Thanks a lot for nothing, cock.
| Gamecock wrote: |
Really, I don't understand what all the fuss is about having an international debit card from a Korean bank. I have one, tried it to see if it would actually work in another country (it did), but I think anyone is a fool if they would actually RELY on the Korean banking system in another country.
What's the big deal? If you go on a trip, take the cash out of the bank, change your money, put it in your pocket and enjoy your vacation. Or, use your debit/credit card from your home country that you know will work anywhere.
I think a Korean international card is pretty useless. I think these threads get attention because people want to feel like they have some sort of cause when they aren't given one by their bank. Oh, discrimination! Oh, evil, lying Koreans! Well, everyone knows that Koreans will lie to save face. Why is it a surprise they will cite an imaginary law because they don't want their institution's policies to look bad? It's the Korean way, to blame someone else when the situation is uncomfortable. It has been well cited on this board that KB does not have foreigner-friendly policies. So do 5 minutes of research, find out what banks are more friendly, and go there. No big deal. You're living in another country now. You're not a citizen here. That's life.
In reality, Korean banks are actually much more friendly to foreigners and easier to use than MANY countries (ex. China). As well, they don't rape you with ridiculous fees like banks in western countries do these days.
| Quote: |
| Expecting trouble, I brought two pieces of ammunition with me: |
Clearly the OP went looking for a fight. Hardly a "genuine" banking experience. |
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Ilsanman
Joined: 15 Aug 2003
Location: Bucheon, Korea
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| Posted: Thu Dec 25, 2008 6:56 pm Post subject: |
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| Quote: |
| So do 5 minutes of research, find out what banks are more friendly, and go there. |
There's your problem. None of them are friendly. |
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Straphanger
Joined: 09 Oct 2008
Location: Chilgok, Korea
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| Posted: Thu Dec 25, 2008 7:10 pm Post subject: |
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| Ilsanman wrote: |
| Hardly a useful response. 'It's Korea. They're racist pigs. Accept it.' |
YOU ARE NOT A CITIZEN.
Jesus. Does he need to say it again? You're treated differently because you are NOT A CITIZEN. |
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Gamecock
Joined: 26 Nov 2003
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| Posted: Thu Dec 25, 2008 7:15 pm Post subject: |
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| There's your problem. None of them are friendly. |
Absolutely untrue.
KEB and Nonghyup are very accomodating and WILL give international debit cards. I know KOREANS who have problems with their cards not working abroad, which is why I say it would be foolish to trust them. But in all other matters, I have found EVERY bank I have entered in Korea try very hard to help me. Perhaps if people dropped the chip off their shoulders/ quit going into banks with a hair-trigger temper and were actually friendly with banking staff, they might have a different viewpoint.
Korea is NOT a difficult country to do banking in. You need to get out more.
| Quote: |
| Jesus. Does he need to say it again? You're treated differently because you are NOT A CITIZEN. |
What I really mean is that people shouldn't expect banks here to be like they are in your home country. That's all. |
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Tommy
Joined: 24 Aug 2005
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| Posted: Thu Dec 25, 2008 7:32 pm Post subject: Re: Another Bad Banking Story |
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| cdninkorea wrote: |
In preparation for my vacation next week, I went to my local KB* branch today to get an international ATM card. Expecting trouble, I brought two pieces of ammunition with me:
Exhibit A
Exhibit B
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Been there, done that (at KB Gangnam branch).
The above articles are 100% correct: there is no law stating that banks cannot issue international ATM cards. They CAN and will issue them if pressed, however the cards won't be functional. That's because there IS a law called the Foreign Exchange Control Act which restricts our usage.
Standard Chartered is your answer. I'm in Canada now, and tested my SC card - guess what, it works! |
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wylies99
Joined: 13 May 2006
Location: I'm one cool cat!
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| Posted: Thu Dec 25, 2008 7:47 pm Post subject: |
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KB Bank DESPISES foreigners.  |
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Ilsanman
Joined: 15 Aug 2003
Location: Bucheon, Korea
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| Posted: Thu Dec 25, 2008 8:14 pm Post subject: |
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| Once again, there is no law saying we can't be treated the same as Korean citizens. It's a bank policy. |
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skconqueror
Joined: 31 Jul 2005
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| Posted: Thu Dec 25, 2008 9:21 pm Post subject: |
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| Straphanger wrote: |
Jesus. Does he need to say it again? You're treated differently because you are NOT A CITIZEN. |
But we are residence, some even permanent residents. Shouldn't that mean something |
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Straphanger
Joined: 09 Oct 2008
Location: Chilgok, Korea
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| Posted: Thu Dec 25, 2008 9:38 pm Post subject: |
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| skconqueror wrote: |
| Straphanger wrote: |
Jesus. Does he need to say it again? You're treated differently because you are NOT A CITIZEN. |
But we are residence, some even permanent residents. Shouldn't that mean something |
NO!
It means jack shit! A Mexican can walk into a bank in the US and open an account, but try to get fancy and you're up a creek. You're not a citizen. You do not have the same rights here. |
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Ukon
Joined: 29 Jan 2008
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| Posted: Thu Dec 25, 2008 9:48 pm Post subject: |
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Actually, KEB gives international credit cards to foreigners...just not to run of the mill hagwon employees who work at some no-name place...PS teachers can get credit cards from KEB bank....bring a copy of your contract....they want it.
Infact I'm going to get one now 
It's cheaper to use a bank like KEB or to have someone in your home country withdraw using an international debit card....the fees at my home bank plus the korean bank for transferring were $65!
If you like having $65 extra every single time you transfer money stateside, I suggest you go KEB. |
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diver
Joined: 16 Jun 2003
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| Posted: Thu Dec 25, 2008 9:58 pm Post subject: |
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| Straphanger wrote: |
| skconqueror wrote: |
| Straphanger wrote: |
Jesus. Does he need to say it again? You're treated differently because you are NOT A CITIZEN. |
But we are residence, some even permanent residents. Shouldn't that mean something |
NO!
It means jack shit! A Mexican can walk into a bank in the US and open an account, but try to get fancy and you're up a creek. You're not a citizen. You do not have the same rights here. |
The whole citizen vs. non-citizen argument is moot.
There is obviously no law preventing non-citizens from getting international ATM cards because so many of us have them. I am not a citizen, and I have a working international ATM card. I also have internet banking (in English) and I am going to see about a credit card. I am F-2, so I don't know how any of this applies to an E-2.
The fact that whether one is issued or not cannot be predicted by bank, nor even branch of a particular bank, suggests that some foreigners being denied cards is because of (a) incompetence on the part of a particular bank branch's employee or (b) less likely, racism/xenophobia (though it certainly does exist). To those that don't believe in the racism/xenophobia angle, sorry...*I* (not a friend, nor a friend of a friend) have been told by KEB employees that they "don't like foreigners taking Koreans' money out of Korea."
For those of you jumping on the OP with "You don't know what you are talking about. *I have an international ATM. Just walk in and get one", I am sorry. It is *YOU* who do not know what your are talking about. Anyone who has been here for more than 15 minutes or so knows that it is not that easy.
I got an international ATM card from the SC First bank in Daejeon (Dunsan). I was in and out in about 20 minutes. However, the ONLY thing I can conclude from that is that my branch of SC First, on that day, at that time, gave me an international ATM card (it does work, btw). I would never tell someone "You don't know what your are talking about", because I cannot say, with absolute certainty, that someone else could go into the same branch and get the same result. There could be a new teller, a new manager, a new policy...
The whole banking system is a crap-shoot. I was at the Korea EXCHANGE Bank the other day to cash an international money order sent as a Christmas present by my father. "We can't handle those" I was told by the staff of the Korean EXCHANGE Bank. They can issue them, but not accept them? I don't think they were being racist (though it's a possibility). I think they are just mentally deficient. I went to my SC First bank...deposited the IMO in my account (15 day hold) no problem.
NOTE TO THE OP: Sorry for your banking trouble, and I hope you get things worked out. But I have to wonder...What did you hope to accomplish by presenting the staff of KB* Bank with a policy from KEB bank? |
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justaguy
Joined: 01 Jan 2008
Location: seoul
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| Posted: Fri Dec 26, 2008 5:11 am Post subject: |
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| crazy_arcade wrote: |
| Mr. Pink wrote: |
I got a check card from KB, but even thought liars told me it worked internationally, it doesn't. I was a bit pissed when I tried to use it abroad and got nothing.
I can't wait for Korea's banking sector to get with the times and stop discriminating against non-Koreans.
If banks in Canada did what Korean banks do, some non-profit group would launch a lawsuit. Where are those non-profit groups in Korea to speak on our behalf? |
Banks in Canada aren't all that you think. Yes, they are better for non-Canadians. But as a non-resident Canadian, I've had nothing but problems...sometimes costing my graetly. |
Have to agree with you. Canadian banks suck. If you are a non-resident Canadian they can be a real pain in the ass to deal with.
I tried to cash a large insurance check in Canada, and every bank I went to refused to cash it. They said I couldn't cash it because I didn't have an account with them. They also said the check might be stolen even though I had all my ID there to prove it wasn't. I couldn't even deposit the check in my Mom's account. Thank God I have a friend who manages a bank there, and finally cashed it for me.
I hate Canadian banks. |
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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| Posted: Fri Dec 26, 2008 5:40 am Post subject: |
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| Gamecock wrote: |
| Quote: |
| There's your problem. None of them are friendly. |
Absolutely untrue.
KEB and Nonghyup are very accomodating and WILL give international debit cards. I know KOREANS who have problems with their cards not working abroad, which is why I say it would be foolish to trust them. But in all other matters, I have found EVERY bank I have entered in Korea try very hard to help me. Perhaps if people dropped the chip off their shoulders/ quit going into banks with a hair-trigger temper and were actually friendly with banking staff, they might have a different viewpoint.
Korea is NOT a difficult country to do banking in. You need to get out more.... |
Banks Cite Non-existent Law on Expat Cards
By Kim Soe-jung and Park Yeon-soo, JoongAng Daily (January 28, 2008)
http://joongangdaily.joins.com/article/view.asp?aid=2885625
| Quote: |
Many banks simply won't issue any debit card to foreigners.
The system can bewilder and enrage foreigners.
... a public relations officer at Kookmin Bank, said, "If foreigners withdraw money with their ATM card overseas, we cannot control the limit. So our bank does not issue the card to foreigners."
But there is almost no consistency, even within the same bank. A branch of Korea Exchange Bank in southern Seoul said that it does not issue the overseas card to foreigners. A branch of Shinhan Bank near City Hall said a foreigner has to wait for three months after opening an account to receive the card. But a Shinhan branch in Wonju, Gangwon said it can issue the card immediately....
Bank also have a variety of different requirements that foreigners must meet to receive a credit card. Some demand a Korean cosigner, others insist on proof of employment with a company here for more than six months. Still others require a yearly income of more than 50 million won ($52,820). The rules don�t exist for Koreans. |
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hogwonguy1979
Joined: 22 Dec 2003
Location: the racoon den
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| Posted: Fri Dec 26, 2008 6:30 am Post subject: |
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i went to a branch my credit union in austin last jan while on vacation and talked to somebody in new accounts, asked them if i was a korean citizen teaching at the univ of texas on a legal us visa and was having their pay directly deposited into my account, could i get a check card that worked overseas? she said absolutely, no problem at all. i told her about the situation here and she was shocked.
also called a bank of america and chase in austin ran the same scenario, again no problems.
if we treat koreans like that why cant they reciprocate? Imaging if a bank did do this in the states, the outrage would be immense, lawsuits would be filed etc. |
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Juregen
Joined: 30 May 2006
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| Posted: Fri Dec 26, 2008 6:35 am Post subject: |
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| crescent wrote: |
| Trevor wrote: |
| I'm afraid this is the correct answer. The way to get action on this issue is to make them feel it in their wallet. If foreigners leave their banks en masse and bring their business to the banks that offer them consistent service, then there will be a rapid change. |
Yes. Brilliant.
Because overall our numbers are just that significant, our savings are just that large, and we tend to keep our money in the country for a really long time. |
There are over 1 million foreign inhabitants, if each of them has 2M in the bank, you got a lot of money. |
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