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magnumface
Joined: 25 Sep 2004 Location: itaewon, seoul
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Posted: Sat Sep 25, 2004 9:45 pm Post subject: Bank account in recruiters name |
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Hi everyone, I'm new to the forum-hope life is good. Having a few seemingly typical teething problems with the recruiter - even at this early stage imagining horrific forms of torture is a stress reliever.
One thing is he got me and my girlfriend too open two bank accounts, one he can access which the school pays into and the other we can access which he then pays us into.
He gave us the "why do you care-its nothing to do with you" routine but it just seems a bit strange-maybe later for tax reprocussions. Any thoughts? |
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HamuHamu
Joined: 01 May 2003 Location: Seoul
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Posted: Sat Sep 25, 2004 9:54 pm Post subject: |
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Ohhh seems a little dodgy from what I can understand through your post.
So, if I am reading and understanding correctly -
The school pays into Account A. The recruiter withdraws from this account. The recruiter then pays into Account B. You can have the money in Account B. You can not withdraw any of the money in Account A, correct?
If the above is true, I would think you're being set-up for a potential screw over! Especially as the recruiter gave you a snarky answer when you questioned him.
It should work simply. You have ONE bank account. Your school can make salary payments into the account. (Actually, anyone can deposit INTO your account). YOU and YOU ONLY can withdraw from your account.
If the school owes the recruiter money, the school should pay the recruiter without involving you. The school pays you. The school pays the recruiter. No need for you to be a middle man for their transactions.
I would discuss this with the director ASAP and tell the director you want to be paid by the school and not have the recruiter involved AT ALL. If the school doesn't agree to this.....methinks sometin's fishy. |
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batman

Joined: 24 Jan 2003 Location: Oh so close to where I want to be
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Posted: Sat Sep 25, 2004 10:01 pm Post subject: |
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Sounds like a screw over to me.
I would like to add that Korean laws limit non-Koreans to one bank account each.
By having you open two each the recruiter is having you break the law.
What you can try to do is to cancel the one he has access to and simply have your school deposit your pay into the other account. |
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magnumface
Joined: 25 Sep 2004 Location: itaewon, seoul
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Posted: Sat Sep 25, 2004 10:25 pm Post subject: |
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Cheers guys. Just to fully explain. We are working at a public elementary school in an English program that the recruiter has set up with them. I think basically the school is paying a lot more and he is taking money off the top. However we signed the contract for 2 million and he is providing an apartment.
He says that the school wants it done this way that they pay into our bank accounts. Oh and he slipped in something about us signing another contract with the school-just to do with conduct and stuff.. he said. |
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J.B. Clamence

Joined: 15 Jan 2003
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Posted: Sun Sep 26, 2004 12:24 am Post subject: |
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Considering that the school wants to make it look like they are paying you directly, and want to have their own "contract" with you, it sounds to me like you are supposed to be getting more than you are. Why else would the school and recruiter go to such lengths to make it look like there's no middle-man? And are you sure that this is what the school wants as well? Have you talked to the school about this arrangement? Maybe the recruiter is pulling a fast one on both you and the school. |
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Zed

Joined: 20 Jan 2003 Location: Shakedown Street
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Posted: Sun Sep 26, 2004 2:50 am Post subject: |
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You're opening yourself up for a big screwover. Don't trust those *beeps*. |
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krats1976

Joined: 14 May 2003
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Posted: Sun Sep 26, 2004 4:59 am Post subject: |
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I agree with everyone else. This is way dodgy.
I'm friends with my recruiter's brother and both belong to my church and I still wouldn't accept this set-up.
Change it or get out of it before you get screwed. |
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kiwiboy_nz_99

Joined: 05 Jul 2003 Location: ...Enlightenment...
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Posted: Sun Sep 26, 2004 5:29 am Post subject: |
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Quote: |
Cheers guys. Just to fully explain. We are working at a public elementary school in an English program that the recruiter has set up with them. I think basically the school is paying a lot more and he is taking money off the top. However we signed the contract for 2 million and he is providing an apartment.
He says that the school wants it done this way that they pay into our bank accounts. Oh and he slipped in something about us signing another contract with the school-just to do with conduct and stuff.. he said.
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Get out now! A recruiter does not have an ongoing relationship with your employer. A recruiter gets a one off fee for providing the teacher to the school. You sign a contract with the school, and from then on it's you and the school in a relationship. He should NOT be providing the housing, that is the schools job. And he should NOT be paying you, that is the schools job. And yes, if it's a public school you would be getting more ( not much, but more ) than 2 mil. You are being ripped off by a shady dealer, and setting youself up to be ripped off more later any time her feels like it. |
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sadsac
Joined: 22 Dec 2003 Location: Gwangwang
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Posted: Sun Sep 26, 2004 5:39 am Post subject: |
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Never heard of a setup like this in my 4 years here. Sounds very suspicious. As a previous poster stated, talk to the school. Your contract is with the school, not the recruiter. Who sponsored your E2? Be wary guys.  |
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ladyandthetramp

Joined: 21 Nov 2003
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Posted: Sun Sep 26, 2004 7:34 am Post subject: |
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Actually, lots of recruiters are doing this nowadays. They are the ones providing jobs for public schools. |
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oneiros

Joined: 19 Aug 2003 Location: Villa Straylight
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Posted: Sun Sep 26, 2004 7:42 am Post subject: |
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batman wrote: |
Sounds like a screw over to me.
I would like to add that Korean laws limit non-Koreans to one bank account each.
By having you open two each the recruiter is having you break the law.
What you can try to do is to cancel the one he has access to and simply have your school deposit your pay into the other account. |
Really? I have four accounts. I didn't know I was breaking the law....oops:lol: |
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batman

Joined: 24 Jan 2003 Location: Oh so close to where I want to be
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Posted: Sun Sep 26, 2004 8:13 am Post subject: |
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[quote="oneiros
Really? I have four accounts. I didn't know I was breaking the law....oops:lol:[/quote]
I found out about the one non-korean one account rule a couple of years back. I was at my usual branch of an unique and traditional Korean bank trying to send money home. Turned out that immigration had me registered at another bank (which I did not even have an account with). Spent some time on the phone with immigration and the other bank trying to clear up the mess. (me: "I don't have another account. I only deal with KB." them: "you are a foriegner and obviously don't know what you are talking about")
A few months later my wife went through the same thing. She has an account with one bank but immigration had her as registered with another.
Same phone calls were made. Same conversations took place. |
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Hollywoodaction
Joined: 02 Jul 2004
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Posted: Sun Sep 26, 2004 6:02 pm Post subject: |
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That is illegal, whether lots of recruiters do it or not. You can't get an E2 if you work for a recruiter. What does your E2 visa say? I bet his name is nowhere to be seen. Don't waste your time talking to him about it. Have someone call the labor board for you. But first, make sure you notify the bank that you don't want to give him access to your bank account anymore. I bet you aren't legally bound by the contract you have with him since you don't work for him according to your visa. |
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Gord

Joined: 25 Feb 2003
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Posted: Sun Sep 26, 2004 6:13 pm Post subject: |
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Hollywoodaction wrote: |
That is illegal, whether lots of recruiters do it or not. You can't get an E2 if you work for a recruiter. What does your E2 visa say? I bet his name is nowhere to be seen. Don't waste your time talking to him about it. Have someone call the labor board for you. |
You're looking at it wrong. Instead of the district paying a single fee up front, they are paying the recruiter a fee as they go along. For people who have worked in Korea for a while and tend to do a lot of government/company work like myself, it's very common for the agent to line up the work and then they are paid by us a percentage of the work.
But because so many people step off the boat and this is their above minimum wage job, they go "what is this? I have to pay someone every month because they got me a job?! That's crazy!". It's really no different than being paid $2000 a month with the recruiter getting $1200 from the school and being paid $2100 a month with the person paying the recruiter $100 a month.
All the agent is doing is making sure they will get paid because in the past many people refused to pay the recruiters every month after they got their jobs as they couldn't overcome this phycological barrier of paying a little every month instead of having a lower salary.
I've got two bank accounts at the same bank and no one is banging down my door demanding a shut one down. Same time, I've never heard of the law saying I am limited to one. When I show up at the office on Thursday, I'll ask the people who work in immigration about it. |
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The Cube
Joined: 01 Feb 2003
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Posted: Sun Sep 26, 2004 10:08 pm Post subject: Re: Bank account in recruiters name |
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Last edited by The Cube on Sun Nov 30, 2008 12:02 am; edited 1 time in total |
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