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Sending money home through post office
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kabrams



Joined: 15 Mar 2008
Location: your Dad's house
PostPosted: Tue Feb 02, 2010 10:15 pm    Post subject: Sending money home through post office Reply with quote
Is there a way to do this? Has anyone done this before? Any tips? My Korean is not that great but will I still be able to do it? I have all of the information written down.

Smile
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Konglishman



Joined: 14 Sep 2007
Location: Nanjing
PostPosted: Tue Feb 02, 2010 10:17 pm    Post subject: Reply with quote
I tried to mail a $100 bill to my nephew once, but I was told that it was illegal to send cash by mail.
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kabrams



Joined: 15 Mar 2008
Location: your Dad's house
PostPosted: Tue Feb 02, 2010 10:22 pm    Post subject: Reply with quote
Konglishman wrote:
I tried to mail a $100 bill to my nephew once, but I was told that it was illegal to send cash by mail.


Not mailing, I mean wire transfer through the post office.
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Konglishman



Joined: 14 Sep 2007
Location: Nanjing
PostPosted: Tue Feb 02, 2010 10:39 pm    Post subject: Reply with quote
kabrams wrote:
Konglishman wrote:
I tried to mail a $100 bill to my nephew once, but I was told that it was illegal to send cash by mail.


Not mailing, I mean wire transfer through the post office.


The first time that I heard you could do that was when I watched JCVD. Unfortunately, I have no idea if this can be done in Korea. Anyways, why don't you wire the money from a bank?
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meghanr83



Joined: 15 Jun 2009
Location: Korea
PostPosted: Wed Feb 03, 2010 4:41 am    Post subject: Reply with quote
If you use KEB, they only charge you about 8,000 Won for an international wire transfer. It's really easy and there is always someone available by phone who can help you in English. You just need to open an account and then register the receiving account. It could be any account in your home country...you just need the info. The internet banking only takes a few minutes and even better...no hassle sending money home every month.
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The Gipkik



Joined: 30 Mar 2009
PostPosted: Wed Feb 03, 2010 5:19 am    Post subject: Reply with quote
meghanreynolds wrote:
If you use KEB, they only charge you about 8,000 Won for an international wire transfer. It's really easy and there is always someone available by phone who can help you in English. You just need to open an account and then register the receiving account. It could be any account in your home country...you just need the info. The internet banking only takes a few minutes and even better...no hassle sending money home every month.


Not sure where you're getting this number from as I do business with KEB every month and I get charged 18,000 Won every time. If your KEB branch is really charging only 8,000 Won, I'd really like to know where it is.

I also get charged $10 by my home bank and to make matters even worse, I lose another $10 through the KEB branch in my home country as well. That works out to around 40,000 Won every transaction. Not cheap at all.
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Forward Observer



Joined: 13 Jan 2009
Location: FOB Gloria
PostPosted: Wed Feb 03, 2010 5:22 am    Post subject: Reply with quote
My friend in France bought me something in Switzerland. I wanted to pay her back, she had no bank account because she was visiting friends in France. I changed money into 100 Euros, went to post office, send a small box via EMS (express mail service), insured it for the amount I put inside the souvenier box I bought her, and she got it a few days later no problems whatsoever, and it was insured - so easy as pie.


I could have sent it via western union, but this way she didn't have to leave her house. Delivered right to her door.
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jmuns



Joined: 09 Sep 2009
Location: earth
PostPosted: Wed Feb 03, 2010 5:38 am    Post subject: Reply with quote
if you transfer money at a KEB bank office they will charge you anywhere from 8k-18k depending on the amount you transfer back. but i think if you transfer online it is always 8k, not any more.
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The Gipkik



Joined: 30 Mar 2009
PostPosted: Wed Feb 03, 2010 5:42 am    Post subject: Reply with quote
jmuns wrote:
if you transfer money at a KEB bank office they will charge you anywhere from 8k-18k depending on the amount you transfer back. but i think if you transfer online it is always 8k, not any more.


Thanks for this. I do my banking in person, so I'll check out KEB's ebanking site.
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Sector7G



Joined: 24 May 2008
PostPosted: Wed Feb 03, 2010 5:51 am    Post subject: Reply with quote
meghanreynolds wrote:
If you use KEB, they only charge you about 8,000 Won for an international wire transfer. It's really easy and there is always someone available by phone who can help you in English. You just need to open an account and then register the receiving account. It could be any account in your home country...you just need the info. The internet banking only takes a few minutes and even better...no hassle sending money home every month.


This is the second time I've heard this today. You transfer it yourself, online, right? Are you sure there are no other fees? Because like The Gipkik said, it costs over 41,000 to transfer it the "regular" way with KEB.
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jmuns



Joined: 09 Sep 2009
Location: earth
PostPosted: Wed Feb 03, 2010 6:12 am    Post subject: Reply with quote
Sector7G wrote:
meghanreynolds wrote:
If you use KEB, they only charge you about 8,000 Won for an international wire transfer. It's really easy and there is always someone available by phone who can help you in English. You just need to open an account and then register the receiving account. It could be any account in your home country...you just need the info. The internet banking only takes a few minutes and even better...no hassle sending money home every month.


This is the second time I've heard this today. You transfer it yourself, online, right? Are you sure there are no other fees? Because like The Gipkik said, it costs over 41,000 to transfer it the "regular" way with KEB.


how much are you sending home at a time? sounds like most of your fees are from your home bank.
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