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Wiring money to Korea?

 
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jsk



Joined: 31 Oct 2008

PostPosted: Tue Feb 03, 2009 6:40 pm    Post subject: Wiring money to Korea? Reply with quote

It looks like I will have medical treatment here in Korea, and I need to transfer about $10K in my HSBC US account either directly to the hospital or perhaps to my KB account. Does anyone know what the cheapest and most secure way of doing this is? Thanks.
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Drew345



Joined: 24 May 2005

PostPosted: Tue Feb 03, 2009 7:52 pm    Post subject: Reply with quote

I have done wire transfers to Korea using Everbank, and ETrade bank. Price is between $25 and $50 per transfer and take about 3 days.
Procedure was like this.
-Call US bank or check online for Wire request form (get skype for call if you don't have already).
-Take form to Korea bank to fill in proper "swift code" for bank and probably "bank address".
- fax form to US bank (or complete online if possible). You can fax with a skype add-on called pamfax

The next steps are optional
-Take 1K and buy ticket to Thailand
-Have treatment in Bangkok Bamrungrad hospital or similar.
-Get world class care for probably cheaper than Korea

Sorry if that sidetracks your question' it's what I would do.
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MissSeoul



Joined: 25 Oct 2006
Location: Somewhere in America

PostPosted: Tue Feb 03, 2009 8:00 pm    Post subject: Re: Wiring money to Korea? Reply with quote

jsk wrote:
It looks like I will have medical treatment here in Korea, and I need to transfer about $10K in my HSBC US account either directly to the hospital or perhaps to my KB account. Does anyone know what the cheapest and most secure way of doing this is? Thanks.



I don't think you can transfer directly to hospital and even if that's possible I don't recommend that.
The best way is bank to bank wire transfer, it's easy and safe and fee is not much, credit union usually charge $5, but bank usually charge $10, I've never paid more than $10 for money transfer.
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MissSeoul



Joined: 25 Oct 2006
Location: Somewhere in America

PostPosted: Tue Feb 03, 2009 8:39 pm    Post subject: Reply with quote

Drew345 wrote:


The next steps are optional
-Take 1K and buy ticket to Thailand
-Have treatment in Bangkok Bamrungrad hospital or similar.
-Get world class care for probably cheaper than Korea



Get world class care in Thailand ???
Man, you SCARE me !!
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Thewhiteyalbum



Joined: 13 Nov 2008

PostPosted: Tue Feb 03, 2009 9:38 pm    Post subject: Reply with quote

MissSeoul wrote:
Drew345 wrote:


The next steps are optional
-Take 1K and buy ticket to Thailand
-Have treatment in Bangkok Bamrungrad hospital or similar.
-Get world class care for probably cheaper than Korea



Get world class care in Thailand ???
Man, you SCARE me !!


Yeah, you can definitely get a lot of procedures done over there, and from what I've heard the hospitals and doctors are far more up to date than this lot.
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