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optik404
Joined: 24 Jun 2008
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 Posted: Thu May 20, 2010 11:13 pm Post subject: Bank with the Cheapest Wire Transfer Fees |
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I wired some money using Nonghyup a couple weeks back and they charged me around 35-40,000WON to wire $358.00USD 
Your Banks? |
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toxicblue
Joined: 12 Oct 2008
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| Posted: Fri May 21, 2010 12:05 am Post subject: |
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| i have KB Bank.. Kookmin Bank is the full name i think.. anyways, it costs W15,000 to wire money at the bank, but after you wire money the first time, you can do it yourself at the ATM under Overseas Remittance.. then it costs either W5,000 or W6,000.. its been a few months.. can't remember which |
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Jane
Joined: 01 Feb 2003
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| Posted: Fri May 21, 2010 3:36 am Post subject: |
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| I sent money through an ATM recently at KB. It was 6,000won I think, but then I got hit by a $25 charge from somewhere else (probably my home bank). I didn't bother calling the home bank as my bank is clueless 80% of the time. |
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toxicblue
Joined: 12 Oct 2008
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| Posted: Fri May 21, 2010 3:39 am Post subject: |
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| yeah i have bank of america and they charge me $12 each time, plus a mysterious amount that disappears.. usually around $20 :/ |
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shostahoosier
Joined: 14 Apr 2009
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| Posted: Fri May 21, 2010 5:09 pm Post subject: |
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I used KEB (Korea Exchange Bank) and they charge either 6000W or 8000W
(I cant remember which) to wire money home.
My bank at home (Schwab Bank) doesnt charge anything for incoming transfers.
"Phantom Bank", however, charges me $19  |
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Proustian
Joined: 06 Jan 2008
Location: penniless in Pusan
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| Posted: Wed Jun 02, 2010 9:28 pm Post subject: |
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KEB charges walk in customers 18,000 Won.
One charge of 10,000 and another of 8,000.
If you are only paying 6 or 8,000 you are very lucky |
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crossmr
Joined: 22 Nov 2008
Location: Hwayangdong, Seoul
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| Posted: Wed Jun 02, 2010 11:44 pm Post subject: |
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| shostahoosier wrote: |
I used KEB (Korea Exchange Bank) and they charge either 6000W or 8000W
(I cant remember which) to wire money home.
My bank at home (Schwab Bank) doesnt charge anything for incoming transfers.
"Phantom Bank", however, charges me $19 |
I just transferred money online with Keb, sent $150 CAD back, I received $140 ($10 fee at my home bank)
no mysterious in the middle fee this time. it was my first time doing it online.
Keb's online fee was exactly 8000W.
| Quote: |
| If you are only paying 6 or 8,000 you are very lucky |
Do your transfer online. |
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kinerry
Joined: 01 Jun 2009
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| Posted: Thu Jun 03, 2010 2:11 am Post subject: |
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| crossmr wrote: |
| shostahoosier wrote: |
I used KEB (Korea Exchange Bank) and they charge either 6000W or 8000W
(I cant remember which) to wire money home.
My bank at home (Schwab Bank) doesnt charge anything for incoming transfers.
"Phantom Bank", however, charges me $19 |
I just transferred money online with Keb, sent $150 CAD back, I received $140 ($10 fee at my home bank)
no mysterious in the middle fee this time. it was my first time doing it online.
Keb's online fee was exactly 8000W.
| Quote: |
| If you are only paying 6 or 8,000 you are very lucky |
Do your transfer online. |
Kookmin doesn't allow international transfers. |
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crossmr
Joined: 22 Nov 2008
Location: Hwayangdong, Seoul
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| Posted: Thu Jun 03, 2010 2:24 am Post subject: |
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| kinerry wrote: |
Kookmin doesn't allow international transfers. |
Who said anything about Kookmin? We're talking about KEB |
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Proustian
Joined: 06 Jan 2008
Location: penniless in Pusan
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| Posted: Thu Jun 03, 2010 8:40 pm Post subject: |
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You're right I should try to bank online.
I have managed to send money OS once using their online system but
every time since my 'security certificate' has been rejected and I got too frustrated and just visited the bank.
If it will save me 10,000 then I will have them issue a new certificate and go through all the B.S again.
Cheers |
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TL
Joined: 30 Mar 2008
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| Posted: Thu Jun 03, 2010 9:26 pm Post subject: |
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| Yup. Sent $3000 CAD home from my KEB account online and was charged 8000W by KEB and $10 from TD Bank. |
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miso1004
Joined: 21 May 2010
Location: California
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| Posted: Thu Apr 21, 2011 8:53 pm Post subject: |
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| So is Kookmin bank not capable of doing international wire transfer to the US? Because I have Kookmin bank (KB). I thought it did, that is why I set up an account with them. Dayum. T^T |
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highstreet
Joined: 13 Nov 2010
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| Posted: Thu Apr 21, 2011 8:57 pm Post subject: |
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| KB allows international transfers. I would think all banks do it. |
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davai!
Joined: 04 Dec 2005
Location: Kuwait
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| Posted: Thu Apr 21, 2011 9:13 pm Post subject: |
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| Amex Travelers' Checks + airmail = NO FEE. |
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shostahoosier
Joined: 14 Apr 2009
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| Posted: Thu Apr 21, 2011 9:44 pm Post subject: |
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| davai! wrote: |
| Amex Travelers' Checks + airmail = NO FEE. |
Time is money.  |
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