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red_devil
Joined: 30 Jun 2008
Location: Korea
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 Posted: Tue Aug 04, 2009 10:59 pm Post subject: Wooribank.com New Foreign Remittance Option |
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Noticed that Wooribank had a new option for foreign remittance through the online banking account (English site). I was wondering when they'd get around to that. Not sure what "5% preferential" means? Additional fee? Discount? It's a bit confusing, i still don't have a clear answer on if i can transfer money from Woori to say...Wachovia.
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1. 1. Overseas internet transfer usage information
A. Avilable transfer request time : 24hours (Including weedends and holidays)
However, The overseas transfer request submitted after business hour will be transferred on next day.
B. Available Customer : Customer registered in transaction foreign exchange bank (Excluding unsubmitted payment certificate document under USD 1,000 per case)
C. The overseas tranfer fee will be deducted from the transfer amount if the charge is responsible for receiver.
(Including Relay Bank Fee)
D. If you make overseas transfer from Woori.Com Account, we will provide 5% additional foreign exchange preferential
E. You must visit our branch before transaction message has delivered to overseas to request for cancelling the overseas transfer..
(Transfer to Transaction foreign exchange bank : Transfer to tranaction foreign exchange bank's branch / Other transfers : Internet banking registered branch)
2. Overseas Internet Transfer Limit Information
Foreigner / Non Resident
Overseas tranfer to domestic income ▶ Under USD 50,000 yearly
� Designated amount rate of USD 50,000 yearly
You must submit income evidence document and register for transfer limt
to transfer exceeded amount of domestic income to branch.
Overseas Emigration
Fund Transfer
▶ Up to USD 50,000 per transfer
� Certificate issued by the commissioner of the National Tax Service confirming the
origin of the fund is required for overseas remittance(foreign exchange inclusive)
exceeding USD100,000 per year.
Overseas Transfer of Outside Account
▶ Under USD 50,000 daily, Under USD 100,000 yearly
� Overseas tranfer from outside account is only available with foreign currency withdrawal account deposit to outside account.
(Unavailable to deposit in Won to Korean currency account) |
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losing_touch
Joined: 26 Jun 2008
Location: Ulsan - I think!
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| Posted: Wed Aug 05, 2009 2:51 am Post subject: |
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| I think it means the the exchange rate you get will be a preferred rate which they calculate to be 5% cheaper than other services. |
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cubanlord
Joined: 08 Jul 2005
Location: In Japan!
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| Posted: Wed Aug 05, 2009 9:04 pm Post subject: |
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| That 5% is 5% off of the counter exchange rate. I got it when I transfered last week online. It's nice that they give us a slightly lower transfer rate than counter people. |
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Dodgy Al
Joined: 15 May 2004
Location: Seoul
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| Posted: Wed Aug 05, 2009 9:37 pm Post subject: |
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So we don't have to provide proof of income? I read something on the site about being able to wire $50000 before giving the bank pay statements - did I read that right? Their English is a little, um... strange.  |
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cubanlord
Joined: 08 Jul 2005
Location: In Japan!
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| Posted: Wed Aug 05, 2009 10:51 pm Post subject: |
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| correct. 50,000. Anything over and you have to show how you are making it. |
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bassexpander
Joined: 13 Sep 2007
Location: Someplace you'd rather be.
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| Posted: Thu Aug 06, 2009 12:05 am Post subject: |
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| Oh crud. So I have to limit my transfers to $50,000? That sucks. Korea Sparkling! |
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cubanlord
Joined: 08 Jul 2005
Location: In Japan!
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| Posted: Thu Aug 06, 2009 12:09 am Post subject: |
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| bassexpander wrote: |
| Oh crud. So I have to limit my transfers to $50,000? That sucks. Korea Sparkling! |
lol, you dork.  You know you're banking WAY MORE than that. I mean come on, just look at these threads with EFL teachers banking more than 4 mil. a month! These people should stage a protest in Seoul!
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red_devil
Joined: 30 Jun 2008
Location: Korea
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| Posted: Thu Aug 06, 2009 1:04 am Post subject: |
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| cubanlord wrote: |
| bassexpander wrote: |
| Oh crud. So I have to limit my transfers to $50,000? That sucks. Korea Sparkling! |
lol, you dork. You know you're banking WAY MORE than that. I mean come on, just look at these threads with EFL teachers banking more than 4 mil. a month! These people should stage a protest in Seoul!
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LOL. Too bad it's all illegal money made off of privates...  |
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bassexpander
Joined: 13 Sep 2007
Location: Someplace you'd rather be.
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| Posted: Fri Aug 07, 2009 12:18 am Post subject: |
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What? Your univ. doesn't pay you guys $50,000 per month?
Seriously... no privates will earn yourself that much. You need to work at an all-male drinkee bar catering to single moviestars and bored ajumma.
Then you can earn the big bucks! |
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red_devil
Joined: 30 Jun 2008
Location: Korea
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| Posted: Fri Aug 07, 2009 4:04 am Post subject: |
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| bassexpander wrote: |
What? Your univ. doesn't pay you guys $50,000 per month?
Seriously... no privates will earn yourself that much. You need to work at an all-male drinkee bar catering to single moviestars and bored ajumma.
Then you can earn the big bucks! |
Isn't it $50,000 annually? |
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cubanlord
Joined: 08 Jul 2005
Location: In Japan!
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| Posted: Fri Aug 07, 2009 4:43 pm Post subject: |
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| red_devil wrote: |
| bassexpander wrote: |
What? Your univ. doesn't pay you guys $50,000 per month?
Seriously... no privates will earn yourself that much. You need to work at an all-male drinkee bar catering to single moviestars and bored ajumma.
Then you can earn the big bucks! |
Isn't it $50,000 annually? |
yes. |
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piratebryan
Joined: 21 Feb 2008
Location: Nonyeon
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| Posted: Fri Aug 07, 2009 7:27 pm Post subject: |
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| is that only for online transfers? does that 5% count with atm transfers? |
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cubanlord
Joined: 08 Jul 2005
Location: In Japan!
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| Posted: Fri Aug 07, 2009 7:44 pm Post subject: |
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| piratebryan wrote: |
| is that only for online transfers? does that 5% count with atm transfers? |
THAT, I am unsure of. the 5% is for online transfers, and, when the teller is feeling kind, counter transfers. I flirt with them at the counter and they always have given me the 5% discount, online it is automatically applied. |
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bassexpander
Joined: 13 Sep 2007
Location: Someplace you'd rather be.
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| Posted: Tue Aug 11, 2009 3:06 pm Post subject: |
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| cubanlord wrote: |
| red_devil wrote: |
| bassexpander wrote: |
What? Your univ. doesn't pay you guys $50,000 per month?
Seriously... no privates will earn yourself that much. You need to work at an all-male drinkee bar catering to single moviestars and bored ajumma.
Then you can earn the big bucks! |
Isn't it $50,000 annually? |
yes. |
Just giving you crap.
Had to remake my passkey today. My Kaspersky Antivirus blocked nprotect again... doesn't like it sometimes. |
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