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Paypal Korea
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crossmr



Joined: 22 Nov 2008
Location: Hwayangdong, Seoul

PostPosted: Mon Dec 13, 2010 4:28 am    Post subject: Reply with quote

eb wrote:
What sort of ID?Can't you connect both accounts?


You can't connect a korean bank account to a korean paypal without a citizenship number, ARC doesn't cut it. Paypal just gives you the run around. I traded about a dozen emails with them. They just kept claiming it was some kind of regulation but it doesn't make any sense. If my ARC is good enough for KEB, it should be good enough for paypal. You can connect a korean CC to it though.
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Captain Corea



Joined: 28 Feb 2005
Location: Seoul

PostPosted: Mon Dec 13, 2010 5:56 am    Post subject: Reply with quote

I'm not clear as to what you mean by that, crossmr. I'm checking my 'Korean' paypal account right now and it has my KEB account on it marked as 'Primary', and my ShinHan credit card listed as well. I've used this account for years, and have had no troubles sending funds to Korea (but the balance in Paypal reads as US dollars).

And, of course, I am not a citizen here.
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Caffeinated



Joined: 11 Feb 2010

PostPosted: Mon Dec 13, 2010 6:04 am    Post subject: Reply with quote

My Korean Paypal account is linked to my Korean credit card.

However, I can't add my Korean bank account to my Korean Paypal. The registration asks for a National ID and the ARC number doesn't work as a substitute.

I've been able to add bank accounts to two other non-Korean Paypal accounts.
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crossmr



Joined: 22 Nov 2008
Location: Hwayangdong, Seoul

PostPosted: Mon Dec 13, 2010 2:15 pm    Post subject: Reply with quote

Captain Corea wrote:
I'm not clear as to what you mean by that, crossmr. I'm checking my 'Korean' paypal account right now and it has my KEB account on it marked as 'Primary', and my ShinHan credit card listed as well. I've used this account for years, and have had no troubles sending funds to Korea (but the balance in Paypal reads as US dollars).

And, of course, I am not a citizen here.


Did you use your ID to do that or a korean's? as others have reported, the ARC will not work for that and paypal refuses to change their position on it.
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decolyon



Joined: 24 Jul 2010

PostPosted: Mon Dec 13, 2010 11:47 pm    Post subject: Reply with quote

If your debt card for your Korean bank is Visa, you can connect it to a new Pay Pal (therefor linking it to your Korean bank account) without having an ID.

This works for me. I've said it over and over again, nobody believes me. Again, you're just connecting your debt card (as long as it has the Visa logo) not your bank account per se. But if that debt card is linked to your bank account, then wham bam thank your maam, you have a Pay Pal connected to your Korean bank.
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crossmr



Joined: 22 Nov 2008
Location: Hwayangdong, Seoul

PostPosted: Mon Dec 13, 2010 11:57 pm    Post subject: Reply with quote

decolyon wrote:
If your debt card for your Korean bank is Visa, you can connect it to a new Pay Pal (therefor linking it to your Korean bank account) without having an ID.

This works for me. I've said it over and over again, nobody believes me. Again, you're just connecting your debt card (as long as it has the Visa logo) not your bank account per se. But if that debt card is linked to your bank account, then wham bam thank your maam, you have a Pay Pal connected to your Korean bank.


but can you transfer money back to your account that way?
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Captain Corea



Joined: 28 Feb 2005
Location: Seoul

PostPosted: Mon Dec 13, 2010 11:57 pm    Post subject: Reply with quote

crossmr wrote:
Captain Corea wrote:
I'm not clear as to what you mean by that, crossmr. I'm checking my 'Korean' paypal account right now and it has my KEB account on it marked as 'Primary', and my ShinHan credit card listed as well. I've used this account for years, and have had no troubles sending funds to Korea (but the balance in Paypal reads as US dollars).

And, of course, I am not a citizen here.


Did you use your ID to do that or a korean's? as others have reported, the ARC will not work for that and paypal refuses to change their position on it.


I've had it for years.. But I never use anyone else's ID... Not even my wife's. It'd be my ID... And at the time I would have been on an F2.
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crossmr



Joined: 22 Nov 2008
Location: Hwayangdong, Seoul

PostPosted: Tue Dec 14, 2010 12:12 am    Post subject: Reply with quote

Captain Corea wrote:
crossmr wrote:
Captain Corea wrote:
I'm not clear as to what you mean by that, crossmr. I'm checking my 'Korean' paypal account right now and it has my KEB account on it marked as 'Primary', and my ShinHan credit card listed as well. I've used this account for years, and have had no troubles sending funds to Korea (but the balance in Paypal reads as US dollars).

And, of course, I am not a citizen here.


Did you use your ID to do that or a korean's? as others have reported, the ARC will not work for that and paypal refuses to change their position on it.


I've had it for years.. But I never use anyone else's ID... Not even my wife's. It'd be my ID... And at the time I would have been on an F2.


Well if you've had it for that long, it may have been that you set it up before this regulation was put in to place or that Paypal started paying attention to it.

I've got a very long e-mail exchange going with Paypal Korea where they flat-out refuse to let me add a bank account to the account using my ARC because it's some regulation and then turn around and suggest I use a Korean's ID to add it. You know.. they're sticklers for one regulation, but the one about using another person's ID apparently doesn't bother them.

adding my KEB check card with a visa logo on it to the account doesn't help either. it immediately kicks back an error claiming it was denied. I'm not able to use it online otherwise though, so it's not actually a CC, it just has the visa logo on it.

The only option they give me is if I have a business I can use a corporate tax number instead of a national citizen ID to use to add it.
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Captain Corea



Joined: 28 Feb 2005
Location: Seoul

PostPosted: Wed Dec 15, 2010 4:32 pm    Post subject: Reply with quote

Yeah, there's a good possibility that I had it before XYZ regulation kicked in.

I do remember having troubles setting it up though. I have a number of K-credit cards, and had to try a combination of them (with the bank accounts) to get it working.

But like I said, this was at least 5+ years ago... so my memory might be faulty.
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TD



Joined: 15 Oct 2010

PostPosted: Wed Dec 15, 2010 10:17 pm    Post subject: Reply with quote

Here's the info I got when I asked Paypal Customer Service about how to
handle my account upon moving from USA to ROK.

"Thank you for continue using PayPal even if you have relocated to South
Korea. Don't worry, I'll be glad to assist you with your questions.

At the moment, the option to simply change your country of address from
your 'Profile' page is not yet available. At PayPal, we are always
considering developing new features and we appreciate your request.

In the meantime, the best and easy option that you have is to close it
and open a new one under South Korea. It's not true that there's many
conflicting information about this practice. Of course, you have to
register your South Korean address and the card that you are allowed to
add should be issued within South Korea. Definitely, you can still add
your US bank to it and if you have a local bank in South Korea, you may
also add it. I provided you steps below on how you can close and open
your account. Once you have completed it, I guarantee you that you will
be able to use your South Korean account right away.

Here�s how to sign up for a PayPal account:

1. Go to https://www.paypal.com/.
2. Click �Sign up� at the top of the page.
3. Select your country or region and your language.
4. Choose your account type (Personal, Premier, or Business), then
click �Get Started.�
5. Link your bank account or credit card, then click �Continue.�
6. Enter the required information, then click �Continue.�
7. In a few minutes, check your email for a message from PayPal.
8. Click the link in the email to confirm your email address.
9. Enter your password, then click �Confirm.�


So, how likely is it for a NET to get a credit card in Korea?
Also, is #6 where they hit you for that Korean ID number?
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crossmr



Joined: 22 Nov 2008
Location: Hwayangdong, Seoul

PostPosted: Wed Dec 15, 2010 10:23 pm    Post subject: Reply with quote

did you get this information from paypal US, or paypal korea customer service? It's quite likely that paypal US is unaware of the national ID card here, and is just giving you a stock answer.
This is the last e-mail I got from them. a couple times I asked to be transfered to a higher level and they just ignored that.

Quote:
Thanks for contacting. My name is Ada. I will be happy to assist you
with your question regarding your PayPal account.

From your email, I understand that you are a foreigner in Korea but when
you are adding your bank account into your PayPal account, you need to
enter the national ID, which you do not have. Let me explain it to you.

I am sorry that according to Korean economic regulations, it is
necessary that when a bank account is added to one�s PayPal account, the
national ID is a necessary information. But please do not worry, if you
can upgrade your PayPal account to a business one, and if you have bank
account opened under the name of a company, you can add the business
bank account into your PayPal account with the specific Corporate Tax
ID. Then you can finish verification and you can also use the business
bank account to withdraw money later.


and the one before it
Quote:
Hello, my name is Julie. I will be happy to assist you with your
question regarding your PayPal account.
As you mentioned in your previous emails , you want to add your bank
account to your PayPal account. However, for your registered country is
South Korea, you could not realize this. It is because of the local
financial regulation. I think you could know more than us that
foreigners in South Korea could not get national ID which is essential
when adding bank account to your PayPal account. This regulation is a
country one and we PayPal could not change that, right?
I know you may want to make online payment in a hurry .Here I would like
to advice you to turn to your friends who is from South Korea for help.
Use their PayPal to do the transaction.
We would like to make an apology if creating any inconvenience for you.
Your understanding we highly appreciate.
If you need any other further assistance, please do not hesitate to
contact us.
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TD



Joined: 15 Oct 2010

PostPosted: Sun Dec 19, 2010 1:39 am    Post subject: Reply with quote

Well, I clicked on the customer service button after signing in. I assume that would make it US customer service. Paypal just went from annyeong to annoying in 3 seconds!!
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caniff



Joined: 03 Feb 2004
Location: All over the map

PostPosted: Wed Aug 20, 2014 12:47 am    Post subject: Reply with quote

Old thread, I know...

Any changes these days with linking an ARC and Korean bank account to PayPal without a Korean ID #?

Thx, and whatever you do, don't stop believin.

http://www.youtube.com/watch?v=VcjzHMhBtf0

(I teach corporate classes in the same style shirts. So far, they seem to be cool with it. Next month when the weather cools down I may introduce the skin tight jeans - just for the ladies. The mullet will take a little longer to develop).

Sorry, I'm on a Journey kick for a few minutes (showing my age, I guess). I think the keyboardist in this video is the hottest, and I'm completely hetero - fer real! Ladies, feel free to chime in on that determination and agree or disagree as you see fit (and don't forget my PayPal question of you have info on that).

http://www.youtube.com/watch?v=atxUuldUcfI
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PeteJB



Joined: 06 Jul 2007

PostPosted: Wed Aug 20, 2014 1:44 am    Post subject: Reply with quote

I tried recently with a Alien Registration number and it didn't accept it. Seems to only work for Korean citizens.
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tob55



Joined: 29 Apr 2007

PostPosted: Wed Aug 20, 2014 2:12 am    Post subject: Reply with quote

PeteJB wrote:
I tried recently with a Alien Registration number and it didn't accept it. Seems to only work for Korean citizens.


In the good old days when there was no PayPal Korea you could hook up with a Korean bank relatively easy. I did it that way back then. I guess now they want to make sure the people transferring to Korean banks are Koreans so they can keep better track of cash flow. With my business account I can transfer up to 50,000,000 KRW per month if I want. We pay our taxes regularly, and never have to transfer that kind of money, but it was a bit different than it is now with stricter limits on what can be transferred.
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