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panchotino
Joined: 16 Jan 2006
Location: scotland for now.
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 Posted: Mon Mar 09, 2009 10:06 pm Post subject: KEB expat banking. |
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just been looking at KEB's website and it seems rather good.
I leave Korea in Seprtember and, like most, i am getting raped with exchange rates so i was going to leave my money here till 2010. The great news is with KEB, they have an international debit card ( i know they'll charge a hefty fee for using it ) but also, internet banking including remittances.
Okay, so does anyone here use this service? What are the fees? Whenever i go on vacation, i use KEB for currency exchange as they seem to have decent rates ( although they are a tad strict on the stamping passport thing if you change over 1million ) but with the online service, i don't need to go to the branch.
Too good to be true?
their saving accounts seem to be okay aswell. |
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losing_touch
Joined: 26 Jun 2008
Location: Ulsan - I think!
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| Posted: Tue Mar 10, 2009 3:40 am Post subject: |
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| I use KEB. I think the fee for remittance online is 8000 KRW. I don't recall the fee for using the card abroad, but it was negligible if it even exists. Using the internet banking is quite simple, and sending money is very, very easy. |
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toonchoon
Joined: 06 Feb 2009
Location: Gangnam
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| Posted: Tue Mar 10, 2009 5:49 am Post subject: Re: KEB expat banking. |
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| don't look. act. go to the itaewon branch and open the account. make sure to ask questions as answers will not just fly out at you, but you'll have a piece of mind having your money in the KEB account, and your debit card you can use back home. |
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warren pease
Joined: 12 May 2008
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| Posted: Tue Mar 10, 2009 7:50 am Post subject: |
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| I've seen a couple of posts like this praising KEB. Is this bank really superior to others such as woori? What are the differences? |
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toonchoon
Joined: 06 Feb 2009
Location: Gangnam
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| Posted: Tue Mar 10, 2009 4:15 pm Post subject: |
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| warren pease wrote: |
| I've seen a couple of posts like this praising KEB. Is this bank really superior to others such as woori? What are the differences? |
well you see, KEB has a few branches throughout seoul with fluent english speaking tellers. that is enough for me to bank with them.
the fact that the personalized service tops any banks service i've ever experienced in the USA is an added bonus.
don't expect miracles though, such as magically getting a better exchange rate, like this one douchebag that did, and when it didnt happen, he called everybody an asshole and stormed out of the bank. |
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Juregen
Joined: 30 May 2006
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| Posted: Tue Mar 10, 2009 6:01 pm Post subject: |
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| KEB is trying really hard to be an expat bank. |
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subicslugger
Joined: 14 Oct 2008
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| Posted: Tue Mar 10, 2009 6:40 pm Post subject: |
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| In my opinion, the big difference between KEB and other banks is that they actually WANT foreigners' business. |
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Xuanzang
Joined: 10 Apr 2007
Location: Sadang
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| Posted: Tue Mar 10, 2009 7:02 pm Post subject: |
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| warren pease wrote: |
| I've seen a couple of posts like this praising KEB. Is this bank really superior to others such as woori? What are the differences? |
Gave me a credit card, easy to use internet banking, copious amounts of different foreign currencies at a decent rate and not to mention they'll accept foreign coins in exchange. It's not a perfect bank because not every branch has English speakers and the locations are less available than a Woori or KB. Remittance has made transferring money easy when need be. i ♡ KEB haha |
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Savant
Joined: 25 May 2007
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| Posted: Wed Mar 11, 2009 12:25 am Post subject: |
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I like KEB. Their Internet Banking is fairly straight-forward.
I've found the tellers to be courteous and polite. Always I go with my Korean girlfriend if I need something complicated explained but they do their best to speak to me in English.
Was in their Sinseol-dong branch last week looking for Dollars and Thai Baht, and the teller apologised for the Won's poor exchange rate. She said she would give me a discount for changing more currency next time. |
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tonyvu
Joined: 30 May 2008
Location: busan - a view of dadaepo beach from my office window
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| Posted: Tue Jun 16, 2009 3:28 pm Post subject: |
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would it be ok to request keb as the bank i want to go with when i meet my co-teacher/handler for the first time or would it be just easier to get an account and intl debit card alone?
By the way, im going to busan... |
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oldtactics
Joined: 18 Oct 2008
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| Posted: Tue Jun 16, 2009 4:47 pm Post subject: |
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| I love KEB. I love them I love them I love them. Their internet banking and transfer accounts are the best I've ever used, and the tellers are all super helpful even at non-expat branches. I've had nothing but positive experiences with them. |
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nene
Joined: 11 Jun 2005
Location: Samcheok, Gangwon-do
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| Posted: Tue Jun 16, 2009 6:03 pm Post subject: |
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| I agree, KEB has been great for me. The only time I've had an issue is when my debit card got attached to the wrong account just before I was leaving for Thailand. They made a mistake in setting it up, but then they tracked me down (I didn't have a cell phone, but they found out where I worked and called me there) and explained that I would need to visit a branch before I left. I started freaking out because there is no branch in my little town and I was flying out th | |
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