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hari seldon
Joined: 05 Dec 2004
Location: Incheon
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 Posted: Fri Jul 17, 2009 3:25 pm Post subject: |
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| phoneboothface wrote: |
| relaxed111 wrote: |
| (Oh, this was a lie the government had even did a press release stating that they had not told the banks to do this.) |
I've read this before, about the press release. I would love a link to this press release in both Korean and English if anyone has got it. |
Here's the relevant thread:
http://forums.eslcafe.com/korea/viewtopic.php?t=88740 |
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phoneboothface
Joined: 26 Apr 2009
Location: Korea
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| Posted: Fri Jul 17, 2009 5:27 pm Post subject: |
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| hari seldon wrote: |
| phoneboothface wrote: |
| relaxed111 wrote: |
| (Oh, this was a lie the government had even did a press release stating that they had not told the banks to do this.) |
I've read this before, about the press release. I would love a link to this press release in both Korean and English if anyone has got it. |
Here's the relevant thread:
http://forums.eslcafe.com/korea/viewtopic.php?t=88740 |
I see a thread 10 pages long of people discussing it and a link to a English and Korean version of some guy who wrote about it in the paper...
Maybe I missed it in that thread.
I was looking for a press release or some other official document that I could show to my bank so they could just tell me it is bank policy, not a law, that prevents me from getting an international card. |
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wenchstalker
Joined: 04 Jan 2009
Location: Gyeongju
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| Posted: Mon Jul 20, 2009 6:32 am Post subject: |
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Okay,
If you work in Korea on an E-2 or other working visa, you can get a credit card at KEB. To get a credit card, you put money down as a deposit, and you can spend 90% of your deposit. you can pay out of your account regularly. When you leave Korea, or cancel the card you get your full deposit back.
www.yescard.com (i think). I think it's called the patriot card.
Now, if you work at a university, you do not have to put a deposit down. The woman at KEB explained that people employed elsewhere must put down a deposit.
Also, Korea has changed it so, as a foreigner, you can only have one international account. So, if you send remittance to the US, from a different bank account, you cannot designate your KEB card as international. Only one international thing at a time. I set up a KEB account, designated my credit card as international, and now do all my international banking through KEB (and it's pretty easy once you set it up).
I've used my card in the US, Cambodia, and Thailand with no problems.
Unless you've specifically set up an international credit card (and most banks requires foreigners to put a deposit down to receive a credit card), your card is, most likely, not able to be used internationally.
Your KB bank card won't work internationally, ever. Even if they told you it would. You can get a KB credit card also, but their deposit amount is higher than KEB.
~:~ |
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VanIslander
Joined: 18 Aug 2003
Location: Geoje, Hadong, Tongyeong,... now in a small coastal island town outside Gyeongsangnamdo!
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| Posted: Mon Jul 20, 2009 6:42 am Post subject: |
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| wenchstalker wrote: |
| Your KB bank card won't work internationally, ever. Even if they told you it would. |
last summer I took out over six thousand dollars over the course of a month on my trip back to Canada, no problem with my KB card
but, interestingly, when i returned to korea my bank did confiscate my KB card when i went in on an unrelated matter, and they gave me a new, different looking one - i suspect they nixed my 2002 international card, though my new one has the same words on it, it's a different color and now i have doubts...
| Quote: |
| You can get a KB credit card also, but their deposit amount is higher than KEB. |
really? it doesn't seem so.
i put 2.2 mill down to get a 2.0 mill limit KB VISA card... sounds like the the same as KEB as you described it |
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newinseoul
Joined: 22 Sep 2005
Location: Busan
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| Posted: Wed Jul 22, 2009 9:03 pm Post subject: |
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| slothrop wrote: |
| newinseoul wrote: |
| If you don't have a visa logo on the front, then you cannot use the card abroad. I never had an International card from KB bank. You can easily get one with Hana Bank or KEB if this is any help. |
so you have a bank card from hana and keb that work internationally? are they debit cards or credit cards? if they are debit cards,then have you actually verified that they work overseas? when were you issued these cards? this year? 4 years ago? please do tell... hana bank told me(through my korean wife) that they would not give an international bank card to a foreigner. and i even have an F2 visa.
op, KB did the same thing to me. promised me it would work, but then it didn't. when i went back to complain they were all apologies but said they couldn't give international cards to foreigners anymore.
now i do my banking at SC. they give international bank cards to foreigners. AND THEY WORK! |
Hana bank came to the SMOE orientation a few years ago, and gave everyone an International bank card (that had a visa logo on front). This bank card did work abroad. I used it all over SEAsia. I lost that bank card, and went I went back to Hana bank, they didn't give me an International one, they gave me just a regular domestic card.
KEB will give you an International bank card with a visa logo on front. It also works abroad. As far as I know they are simliar to credit debt cards they offer in the USA. |
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Julius
Joined: 27 Jul 2006
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| Posted: Thu Jul 23, 2009 3:04 am Post subject: |
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| newinseoul wrote: |
| If you don't have a visa logo on the front, then you cannot use the card abroad. I never had an International card from KB bank. You can easily get one with Hana Bank or KEB if this is any help. |
Yeah, I think a simple bank card will not work outside the country.
Kookmin does offer a visa/ credit card for foreigners. I haven't tried to use mine outside the country yet however. |
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itaewonguy
Joined: 25 Mar 2003
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| Posted: Thu Jul 23, 2009 7:08 am Post subject: |
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thats because foreigners can't get international cards! even though your card has all the stickers on it.. its blocked !!
you should have asked that question here before you left.. |
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roadwork
Joined: 24 Nov 2008
Location: Goin' up the country
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| Posted: Mon Jul 27, 2009 8:15 pm Post subject: |
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| ThingsComeAround wrote: |
I think it has something to do with not wanting foreigners to spend their own money outside of the country... It makes more sense but sounds ridiculous when coming from a so-called 'internationally-recognized' country such as Korea  |
I've heard something like this as well, but it makes no sense, as I can easily withdraw the money, convert it, and still spend it outside of the country. Maybe there's no daily spending limit on the cards so, there's no way to monitor overdraft. |
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DCJames
Joined: 27 Jul 2006
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| Posted: Wed Jul 29, 2009 11:48 pm Post subject: |
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| You CAN get an international ATM card in Korean banks. The problem is that many don't work in foreign countries for foreigners. |
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wenchstalker
Joined: 04 Jan 2009
Location: Gyeongju
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| Posted: Thu Jul 30, 2009 10:19 pm Post subject: |
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| Quote: |
| You can get a KB credit card also, but their deposit amount is higher than KEB. |
really? it doesn't seem so.
i put 2.2 mill down to get a 2.0 mill limit KB VISA card... sounds like the the same as KEB as you described it[/quote]
Ah, my mistake. I tried to get a KB card and they told me the minimum deposit I would have to put down was higher, but, from reading other threads, it might have just been the branch I visited and not an overall policy of KB. In any case, that's good to know. Thanks! |
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itaewonguy
Joined: 25 Mar 2003
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| Posted: Thu Jul 30, 2009 11:42 pm Post subject: |
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| DCJames wrote: |
| You CAN get an international ATM card in Korean banks. The problem is that many don't work in foreign countries for foreigners. |
many? more like All... |
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blackjack
Joined: 04 Jan 2006
Location: anyang
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| Posted: Fri Jul 31, 2009 12:15 am Post subject: |
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I have just got back from woori bank. I asked if my card would work in Hong kong and NZ (going there on sunday) to be told no it wouldn't.
I asked the teller for a card that would work, to at first be told it's against the law. I said no it isn't, he replied with it's against company policy, I said I know several non-koreans with international cards to which he replied it's a new policy.
I asked to talk with the English speaking help line. Told them my problem. They asked to speak to the teller. While they were speaking I heard several apologies (from the teller), and was issued with a new card with visa all over it and assured that it will work anywhere with visa on it.
Will test it on Monday.
(if it works) the moral of the story is to keep your calm and talk to someone higher up |
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backhand
Joined: 17 Jul 2009
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| Posted: Fri Jul 31, 2009 1:34 am Post subject: |
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| beast wrote: |
| Has anyone had this experience before? You are in a Korean bank and are just moments away from the teller handing you a brand spanking new international card, when all of a sudden someone in another cubicle comes over and starts mumbling something about, "bla bla bla bla bla bla bla waygook sahram" Then the first teller looks up and says, "No card for foreinger." |
That h never happend as Koreans love foreignr and respect them as equal. |
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DCJames
Joined: 27 Jul 2006
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| Posted: Fri Aug 07, 2009 4:31 am Post subject: |
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| blackjack wrote: |
I have just got back from woori bank. I asked if my card would work in Hong kong and NZ (going there on sunday) to be told no it wouldn't.
I asked the teller for a card that would work, to at first be told it's against the law. I said no it isn't, he replied with it's against company policy, I said I know several non-koreans with international cards to which he replied it's a new policy.
I asked to talk with the English speaking help line. Told them my problem. They asked to speak to the teller. While they were speaking I heard several apologies (from the teller), and was issued with a new card with visa all over it and assured that it will work anywhere with visa on it.
Will test it on Monday.
(if it works) the moral of the story is to keep your calm and talk to someone higher up |
good luck, you'll need it.  |
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blackjack
Joined: 04 Jan 2006
Location: anyang
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| Posted: Sat Aug 08, 2009 2:39 am Post subject: |
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| DCJames wrote: |
| blackjack wrote: |
I have just got back from woori bank. I asked if my card would work in Hong kong and NZ (going there on sunday) to be told no it wouldn't.
I asked the teller for a card that would work, to at first be told it's against the law. I said no it isn't, he replied with it's against company policy, I said I know several non-koreans with international cards to which he replied it's a new policy.
I asked to talk with the English speaking help line. Told them my problem. They asked to speak to the teller. While they were speaking I heard several apologies (from the teller), and was issued with a new card with visa all over it and assured that it will work anywhere with visa on it.
Will test it on Monday.
(if it works) the moral of the story is to keep your calm and talk to someone higher up |
good luck, you'll need it. |
It works |
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