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What is the best Korean bank account for a foreigner?
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byrddogs



Joined: 19 Jun 2009
Location: Shanghai

PostPosted: Sat Mar 10, 2012 7:55 am    Post subject: Reply with quote

Skip Shithan (their global cards are a farce....only for Koreans to take money internationally...unless it has changed) and go with KEB. I haven't even lived in-country for nearly 2 years, yet I still have an active credit card with KEB.
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sojusucks



Joined: 31 May 2008

PostPosted: Sat Mar 10, 2012 12:21 pm    Post subject: Reply with quote

Do not get KB. I have had many problems with different branches when it comes to wiring money.
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whteveruwant



Joined: 29 Aug 2010
Location: Seoul

PostPosted: Mon Mar 12, 2012 4:08 pm    Post subject: This might help Reply with quote

http://www.korea.net/NewsFocus/Business/view?articleId=82895&pageIndex=10
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soomin



Joined: 18 Jun 2009
Location: Daegu

PostPosted: Mon Mar 19, 2012 6:15 am    Post subject: Reply with quote

sojusucks wrote:
Do not get KB. I have had many problems with different branches when it comes to wiring money.


Really? I've never had a problem with them... I like KB because it's all over Korea (unlike the local banks 'that everyone here uses') and all the ATMs have English~ they also have mobile banking, but I haven't gotten mine set up yet...

Also, I've been getting dinged a couple hundred won for withdrawals... maybe because I withdraw late at night? Anyone else?
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kraggy



Joined: 06 Mar 2011

PostPosted: Mon Mar 19, 2012 6:29 pm    Post subject: Reply with quote

Does any bank have internet banking in English?
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Savant



Joined: 25 May 2007

PostPosted: Mon Mar 19, 2012 7:40 pm    Post subject: Reply with quote

kraggy wrote:
Does any bank have internet banking in English?


KEB's English internet banking has worked best for me. I am able to transfer money home online thanks to the Overseas Remittance account that I set up in one of their branches.

Hana Bank's English internet banking works up until the point that I need to transfer some money then it gives me errors; forcing me to use the Korean version of the site to transfer money.

So, in my experience, KEB wins it for me.
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jamesy



Joined: 24 Nov 2005
Location: incheon, korea

PostPosted: Mon Mar 19, 2012 8:18 pm    Post subject: Reply with quote

kb has internet banking in English - it takes a bit of time to set up but I've been working with it for about 5 years and have had no problems.
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gobbledygook



Joined: 18 Feb 2012

PostPosted: Mon Mar 19, 2012 8:31 pm    Post subject: Reply with quote

Is hana that bad? I have a hana bank nearby..and am thinking of opening an account there..
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emacs



Joined: 08 Apr 2010

PostPosted: Mon Mar 19, 2012 11:02 pm    Post subject: Reply with quote

im switching from kb to citibank..
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kraggy



Joined: 06 Mar 2011

PostPosted: Tue Mar 20, 2012 3:23 am    Post subject: Reply with quote

Does anyone know how much is the max I can transfer from a Hana account to a say, keb account at an ATM? Both accounts would be mine.

I have a Hana account and need to open another account tomorrow. Was thinking keb as I've read here that you can transfer money home online with them. Can someone else confirm?
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