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How do you send money home? How much does it cost?

 
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nourozi



Joined: 15 Mar 2009

PostPosted: Wed Apr 01, 2009 9:26 am    Post subject: How do you send money home? How much does it cost? Reply with quote

How do you send money home? How much does it cost?
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oldtactics



Joined: 18 Oct 2008

PostPosted: Wed Apr 01, 2009 2:34 pm    Post subject: Reply with quote

I have an international remittance account with KEB - I transfer money from my normal account to my remittance account and the money gets automatically transferred to my home bank account in Canada. The entire exchange usually costs about 18-23 dollars, with about 8 being charged by KEB and the other 10-15 by my home bank, depending on how much I send.

I do all of the transfers online and only needed to go into the branch once to set up the account at the beginning.

If you are interested in doing this, be sure to get your bank information including transit number, as well as your home bank's address. You'll also need your ARC and your home address here in Korea. There's more information on the KEB website under their features for expats.
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agoodmouse



Joined: 20 Dec 2007
Location: Anyang

PostPosted: Wed Apr 01, 2009 2:45 pm    Post subject: Reply with quote

I have the same account at KEB. It works flawlessly once set up.
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OiGirl



Joined: 23 Jan 2003
Location: Hoke-y-gun

PostPosted: Wed Apr 01, 2009 3:05 pm    Post subject: Reply with quote

KEB's foreign remittance account rocks.
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