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Scotiabank cards in Seoul
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meagicano



Joined: 02 Jan 2005

PostPosted: Wed Jan 26, 2005 6:20 am    Post subject: Scotiabank cards in Seoul Reply with quote

Hey! I'm headed for Korea in 18 days, and am trying to figure out things.

Right now, how to transport my money is a big one. I'm not teaching, so I'm relying on savings. So far, the plan is to bring around $200 US in cash, and maybe $500 US in AMEX travellers cheques.

What I'm wondering, though, is the ease in which one can access money from a Scotiabank account. 4 digit pin numbers, etc. I'll be living at Yonsei University in Sinchon, so a bank in that neighbourhood would be ideal. Does anyone here have any experience with that? I plan to replace my card before leaving, just to make sure I don't have any problems with my magnetic strip running out, etc.

If that isn't possible, how hard is it to get a cash advance off a Visa card?

Does this sound like a good way to deal with finances? Or should I be bringing more/less cash/travellers cheques?

Thanks!
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Blind Willie



Joined: 05 May 2004

PostPosted: Wed Jan 26, 2005 8:09 am    Post subject: Re: Scotiabank cards in Seoul Reply with quote

meagicano wrote:
Hey! I'm headed for Korea in 18 days, and am trying to figure out things.

Right now, how to transport my money is a big one. I'm not teaching, so I'm relying on savings. So far, the plan is to bring around $200 US in cash, and maybe $500 US in AMEX travellers cheques.

What I'm wondering, though, is the ease in which one can access money from a Scotiabank account. 4 digit pin numbers, etc. I'll be living at Yonsei University in Sinchon, so a bank in that neighbourhood would be ideal. Does anyone here have any experience with that? I plan to replace my card before leaving, just to make sure I don't have any problems with my magnetic strip running out, etc.

If that isn't possible, how hard is it to get a cash advance off a Visa card?

Does this sound like a good way to deal with finances? Or should I be bringing more/less cash/travellers cheques?

Thanks!

Last I understood, the run of the mill cards back home are useless plastic here. Credit cards will work as they do everywhere.

What I did was exchange all of my cash for Korean won, keeping just enough money to feed myself during my layovers on the torturous trip to Korea from the east coast of Canada.
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peppermint



Joined: 13 May 2003
Location: traversing the minefields of caddishness.

PostPosted: Wed Jan 26, 2005 2:37 pm    Post subject: Reply with quote

The ATMs in the subway stations and some convenience stores- the ones that say "nice cashing" on them will usually accept foreign cards.
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Swiss James



Joined: 26 Nov 2003
Location: Shanghai

PostPosted: Wed Jan 26, 2005 5:24 pm    Post subject: Reply with quote

You can use a VISA card at lots of ATMs, the ones in convenience stores, subway stations and some banks.

Charges are usually about 2 quid- 2.50- but you can take up to 500,000 won out at a time (250poond).
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Bulsajo



Joined: 16 Jan 2003

PostPosted: Wed Jan 26, 2005 6:45 pm    Post subject: Reply with quote

There's a Scotia bank branch right beside Namdaemun. They could probably help you tranfer funds, get a debit card that works in Korea, etc.
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tzechuk



Joined: 20 Dec 2004

PostPosted: Wed Jan 26, 2005 8:57 pm    Post subject: Reply with quote

If your card has *maestro* or *cirrus* on, then you can use it over here without any problem whatsoever - all atms accept them. Else you can easily use a credit card providing you can get cash advance from it.
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dogbert



Joined: 29 Jan 2003
Location: Killbox 90210

PostPosted: Wed Jan 26, 2005 9:17 pm    Post subject: Reply with quote

I hate to be the naysayer, but there are ATM's here that have the Cirrus logo, yet don't accept Cirrus-logoed cards of overseas banks.
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peppermint



Joined: 13 May 2003
Location: traversing the minefields of caddishness.

PostPosted: Wed Jan 26, 2005 10:25 pm    Post subject: Reply with quote

The ATMs I'm describing have cirrus logos on them, and yeah- they do seem to have trouble with cards from American banks, according to friends. I've used my Bank of Montreal Card at them a ton ot times though.
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tzechuk



Joined: 20 Dec 2004

PostPosted: Wed Jan 26, 2005 11:17 pm    Post subject: Reply with quote

hmm.. I haven't had any problems with my HSBC card issued in the UK...
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dogbert



Joined: 29 Jan 2003
Location: Killbox 90210

PostPosted: Thu Jan 27, 2005 12:19 am    Post subject: Reply with quote

It's hit and miss and like all else here....YMMV Very Happy
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