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New Bank Acct for Post-Korea Paycheck?

 
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DrugstoreCowgirl



Joined: 08 May 2009
Location: Daegu-where the streets have no name

PostPosted: Thu Jul 08, 2010 9:10 pm    Post subject: New Bank Acct for Post-Korea Paycheck? Reply with quote

I'm leaving Korea next month. My school told me I should make a Citi Bank account here in Korea so when they have to pay me my last check/airfare/severence etc they can just deposit it into the Citi account and then I can withdraw it in the US.

I've read where you can't transfer money from Korean accounts if you are out of the country so I am wondering if this will be a problem, or since it's an international bank it will be fine.
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winterfall



Joined: 21 May 2009

PostPosted: Thu Jul 08, 2010 10:06 pm    Post subject: Reply with quote

Your citi Korea account and Citii US account are completely different.

Same bank name doesn't matter
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DrugstoreCowgirl



Joined: 08 May 2009
Location: Daegu-where the streets have no name

PostPosted: Thu Jul 08, 2010 10:16 pm    Post subject: Reply with quote

winterfall wrote:
Your citi Korea account and Citii US account are completely different.

Same bank name doesn't matter


So I should not do this then? I was under the assumption that I could just give them my bank information back home and they could wire the money, but...
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oldtactics



Joined: 18 Oct 2008

PostPosted: Thu Jul 08, 2010 11:17 pm    Post subject: Reply with quote

Doesn't your Korean bank have internet banking?
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DrugstoreCowgirl



Joined: 08 May 2009
Location: Daegu-where the streets have no name

PostPosted: Thu Jul 08, 2010 11:27 pm    Post subject: Reply with quote

oldtactics wrote:
Doesn't your Korean bank have internet banking?


It does but apparently you can't transfer money once you're outside of Korea, or so I've been told.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Fri Jul 09, 2010 1:39 am    Post subject: Reply with quote

DrugstoreCowgirl wrote:
oldtactics wrote:
Doesn't your Korean bank have internet banking?


It does but apparently you can't transfer money once you're outside of Korea, or so I've been told.


Unless you tell them the bank doesn't know and doesn't really care.

I continue to access my Korean bank accounts and I haven't been back since the spring and don't expect to return till the fall.

.
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