| View previous topic :: View next topic |
| Author |
Message |
roadwork
Joined: 24 Nov 2008
Location: Goin' up the country
|
 Posted: Wed Sep 02, 2009 6:50 am Post subject: KEB rules all banks! |
 |
|
After dealing with crappy Wooribank for a number of years, I went to KEB on my school's birthday and opened an account and received an international Visa ATM card. She told me that it can only be used for cash as it's difficult for their system to process purchases, meaning that it would be possible for less than scrupulous foreigners to overdraw their account. Made sense to me.
Anyway, I also got hooked up with internet banking so that I can make online remittances back to the states as well as pay my gas and apartment bills without having to deal with asking for time off from work.
No hassles, courteous service, and all was done in a timely manner - about 20 minutes.
Last edited by roadwork on Wed Sep 02, 2009 3:36 pm; edited 1 time in total |
|
| Back to top |
|
 |
lion
Joined: 27 Oct 2004
|
| Posted: Wed Sep 02, 2009 9:15 am Post subject: Re: KEB rules all banks! |
|
|
| roadwork wrote: |
| so that I can make online remittances back to the state |
I assume you mean "back to the states"? Any idea what kind of fee you're paying per transaction? |
|
| Back to top |
|
|
roadwork
Joined: 24 Nov 2008
Location: Goin' up the country
|
| Posted: Wed Sep 02, 2009 3:37 pm Post subject: Re: KEB rules all banks! |
|
|
| lion wrote: |
| roadwork wrote: |
| so that I can make online remittances back to the state |
I assume you mean "back to the states"? Any idea what kind of fee you're paying per transaction? |
Thanks. I fixed that. No, but in person it is 23,000 won up to 10,000,000 won transfer. Online is something like 10,000 won. |
|
| Back to top |
|
|
lion
Joined: 27 Oct 2004
|
| Posted: Wed Sep 02, 2009 5:18 pm Post subject: |
|
|
| thanks cheers |
|
| Back to top |
|
|
global_gal
Joined: 19 Jul 2009
Location: Seoul
|
| Posted: Thu Sep 03, 2009 11:59 am Post subject: |
|
|
| I agree about KEB. I got an international ATM card a few months back. First time I was out of the country was a couple of weeks ago. I had my doubts whether it would work or not, but it worked like a charm!! No muss, no fuss! A real breath of fresh air for anything from Korea! |
|
| Back to top |
|
|
roadwork
Joined: 24 Nov 2008
Location: Goin' up the country
|
| Posted: Thu Sep 03, 2009 4:12 pm Post subject: |
|
|
| global_gal wrote: |
| I agree about KEB. I got an international ATM card a few months back. First time I was out of the country was a couple of weeks ago. I had my doubts whether it would work or not, but it worked like a charm!! No muss, no fuss! A real breath of fresh air for anything from Korea! |
Hell yeah. But it made me wonder about all the times before when I was asking for a international Visa debit card and was told foreigners can't get those. I wonder if the answer would have been different if I specified "an international ATM card".
Anyways, who cares now. I got the KEB card.
I'm still keeping my WooriBank account so that I can use a monthly budget for bills, food and transportation. Anything left over will go into my KEB savings account. |
|
| Back to top |
|
|
blue.sky
Joined: 31 Aug 2009
Location: a box on the 15th floor
|
| Posted: Thu Sep 03, 2009 10:35 pm Post subject: |
|
|
I've just opened an a/c with KEB and I think I've wasted dozens of man-hours with Woori and most notoriously with Kookmin/KB* trying to wire money home over the years.
Passport, ARC, employment contract, and various other forms involving 3 members of bank staff usually took well over an hour and got me escorted out by the security guy on one frustration-induced blow up.
The "our banking system is different from America's" line used to wind me up, and that wasn't because my passport which he's been relentlessly thumbing through and making endless photocopies of suggested that I wasn't American.
KEB: passport. 3 minutes. done. |
|
| Back to top |
|
|
lionel
Joined: 07 Jan 2009
|
| Posted: Fri Sep 04, 2009 2:44 am Post subject: which keb? |
|
|
| Can you please give us the location of the KEB you used? |
|
| Back to top |
|
|
roadwork
Joined: 24 Nov 2008
Location: Goin' up the country
|
| Posted: Fri Sep 04, 2009 2:58 am Post subject: |
|
|
| blue.sky wrote: |
I've just opened an a/c with KEB and I think I've wasted dozens of man-hours with Woori and most notoriously with Kookmin/KB* trying to wire money home over the years.
Passport, ARC, employment contract, and various other forms involving 3 members of bank staff usually took well over an hour and got me escorted out by the security guy on one frustration-induced blow up.
The "our banking system is different from America's" line used to wind me up, and that wasn't because my passport which he's been relentlessly thumbing through and making endless photocopies of suggested that I wasn't American.
KEB: passport. 3 minutes. done. |
That's what I'm talking about!!! Boo-yah!
What about at Woori where they always tried to get you to give the passport so they could write how much you sent. I told them one time to F.O and that the only one who had authority to do anything to my passport was the embassy or immigration |
|
| Back to top |
|
|
roadwork
Joined: 24 Nov 2008
Location: Goin' up the country
|
| Posted: Fri Sep 04, 2009 2:59 am Post subject: Re: which keb? |
|
|
| lionel wrote: |
| Can you please give us the location of the KEB you used? |
It don't matter none, my brother, they will all hook you up. I live in Green Acres, Hooterville and I got my stuff hooked up in 20 minutes.
Get out and get some of that KEB goodness and feel the love. |
|
| Back to top |
|
|
joe412
Joined: 01 Sep 2009
|
| Posted: Fri Sep 04, 2009 4:50 pm Post subject: |
|
|
| If I'm not mistaken, KEB has the highest rates for anyone looking to transfer funds to the USA. |
|
| Back to top |
|
|
roadwork
Joined: 24 Nov 2008
Location: Goin' up the country
|
| Posted: Fri Sep 04, 2009 5:29 pm Post subject: |
|
|
| joe412 wrote: |
| If I'm not mistaken, KEB has the highest rates for anyone looking to transfer funds to the USA. |
The online rates are different from what the in-house exchange rates are, I believe. But yeah, 23,000 won to send around $5000. Woori bank is 25,000 for 2000-5000 USD, 30,000 won for 5000-10,000 USD
I would say that there isn't much of a difference in what the banks all charge. I'm not going to waste my time with all the footwork finding a bank with the cheapest transfer rates just so I can save 5,000 won. Sheesh! |
|
| Back to top |
|
|
DeLaRed
Joined: 16 Oct 2008
|
| Posted: Fri Sep 04, 2009 6:17 pm Post subject: |
|
|
yep KEB and Standard Chartered are the `best foreigner friendly banks` so to speak and issue international cards that actually work.
I am with SC and get charged 1% of the amount of the amount I withdraw abroad which is pretty good.......but I heard it is 10,000 won no matter the amount for KEB, right?
I have a friend who is trying to decide between the two so just need a few things clarified. |
|
| Back to top |
|
|
roadwork
Joined: 24 Nov 2008
Location: Goin' up the country
|
| Posted: Fri Sep 04, 2009 6:24 pm Post subject: |
|
|
| DeLaRed wrote: |
yep KEB and Standard Chartered are the `best foreigner friendly banks` so to speak and issue international cards that actually work.
I am with SC and get charged 1% of the amount of the amount I withdraw abroad which is pretty good.......but I heard it is 10,000 won no matter the amount for KEB, right?
I have a friend who is trying to decide between the two so just need a few things clarified. |
 I didn't ask about that! Anyway, I only got the card for emergencies. I usually budget appropriately for my vacations and use cash, since I don't go to dirthole countries like Thailand or the Philipines I don't have to worry about getting pickpocketed or ripped off. |
|
| Back to top |
|
|
PeteJB
Joined: 06 Jul 2007
|
| Posted: Fri Sep 04, 2009 6:59 pm Post subject: |
|
|
| Can't go wrong with KEB. Heck, Woori bank don't even have a branch or single ATM in Incheon airport anymore. How much suckage is that? |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
