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DanseurVertical
Joined: 24 Nov 2010
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 Posted: Sun Mar 11, 2012 2:37 am Post subject: transferring funds in the US from a Korean bank |
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I don't know in which forum to post this... but anyway,
My co-teacher is quite sure that I can 'of course' go to a bank in the US and provide my Korean account information and then transfer the funds.
This seems highly unlikely to me, but she may be right.
Who has left Korea and subsequently transferred funds to a foreign bank? How did you go about doing this? I would like to use an internet banking service, but I bank with IBK, and there's no option for this. |
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nate1983
Joined: 30 Mar 2008
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| Posted: Sun Mar 11, 2012 4:04 am Post subject: |
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You're asking about a Korean bank to US bank transfer in the states, right?
You can't expect the US bank to initiate the transaction...obviously only the remitting bank will be authorized to do that. There are definitely ways to do that from in the US, but every bank will have its own policy. You should ask IBK here what their policy is, but likely you will have to do the transfer by phone or fax from the US. |
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DanseurVertical
Joined: 24 Nov 2010
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| Posted: Sun Mar 11, 2012 5:46 am Post subject: |
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| nate1983 wrote: |
You're asking about a Korean bank to US bank transfer in the states, right?
You can't expect the US bank to initiate the transaction...obviously only the remitting bank will be authorized to do that. There are definitely ways to do that from in the US, but every bank will have its own policy. You should ask IBK here what their policy is, but likely you will have to do the transfer by phone or fax from the US. |
Thanks, that was my assumption, too.
My co-teacher has never lived abroad... yet she is so sure...
IBK has an English-language telephone service, so I'll try using it. |
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drdst122
Joined: 12 Apr 2009
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| Posted: Mon Mar 12, 2012 6:46 am Post subject: |
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| IBK does have an internet banking service. It's in English too. Just go into your local branch and get it set up. Maybe sure you tell them about wanting to use it for transferring as you need to set that up separately as well.. |
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DanseurVertical
Joined: 24 Nov 2010
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| Posted: Mon Mar 12, 2012 8:13 am Post subject: |
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| drdst122 wrote: |
| IBK does have an internet banking service. It's in English too. Just go into your local branch and get it set up. Maybe sure you tell them about wanting to use it for transferring as you need to set that up separately as well.. |
Sorry, what I wrote was ambiguous. I meant, there's no option for international money transfer within IBK's internet banking service.
And their English language telephone extension seems to be only for show :/ |
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r122925
Joined: 02 Jun 2011
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| Posted: Mon Mar 12, 2012 9:50 am Post subject: |
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| DanseurVertical wrote: |
Sorry, what I wrote was ambiguous. I meant, there's no option for international money transfer within IBK's internet banking service.
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That's not true. You can certainly do an international transfer from IBK internet banking. Look a little harder. |
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