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Is It Time To Leave Korea?
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JongnoGuru



Joined: 25 May 2004
Location: peeing on your doorstep

PostPosted: Mon Jun 13, 2005 4:29 am    Post subject: Reply with quote

Yeah, yeah... no plastic strip. But don't you rest easy, don't you dare rest easy. Because I've got two words -- no, three words for you. Money-sniffer dogs.

Yep, they've got 'em. Training starts when they're just pups. Simple stuff first. Like butt-sniffing. Then they move up to crotch-sniffing. And then they try the more challenging material. Challenging, but rewarding. Drug-sniffing. They like that. And if they show real promise, it's straight to money-sniffing school.

Eventually they graduate and earn their Sniffer-Dog badges. They're generally deployed in teams of two: a keen-snouted canine who can catch the scent of a single greenback at the bottom of a jar of kimchee. He's that good. The other dog is a rottweiler, and all he can smell is human fear. And he doesn't like it.

So there you are, slithering through Incheon passport control & security like you haven't a care, and suddenly BAM!! These two are ON you! Oh, these two are DOUBLE-DOGGING your ass!!! I tell you, they're good-dog/bad-dogging you for a fool, fool!!

Oh yeah, that money's safe in your money-belt or up the donkey hole, ooooohhh SUUUUUUUURE it is! Twisted Evil


Last edited by JongnoGuru on Mon Jun 13, 2005 4:32 am; edited 1 time in total
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stumptown



Joined: 11 Apr 2005
Location: Paju: Wife beating capital of Korea

PostPosted: Mon Jun 13, 2005 4:32 am    Post subject: Reply with quote

OiGirl wrote:
stumptown wrote:
What I don't understand is, if you are taking say 20,000 US back home, how are the customs guys going to know? What if you have 10k in a money belt and 10 k on your wallet? Anyone have any insight on this? I'm pretty curious about the whole thing.
Cheers

Isn't there some feature on the "new" US currency that means a large quantity can be detected?

Oops...maybe you don't subscribe to the same conspiracy theories I do! Rolling Eyes


I actually read on a conspiracy theorist website once that the magnetic strips that they've put into the new currency allow machines to scan and automatically calculate the currency that one has on them when they go through an airport. BUT, I only saw it on that one website so I don't have any precedence to it. I agree with the other poster. Just change it and don't claim it.
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pegpig



Joined: 10 May 2005

PostPosted: Mon Jun 13, 2005 4:32 am    Post subject: Reply with quote

JongnoGuru wrote:

Oh yeah, that money's safe in your money-belt or up our donkey hole, ooooohhh sure it is! Twisted Evil


That'd be dirty money.
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stumptown



Joined: 11 Apr 2005
Location: Paju: Wife beating capital of Korea

PostPosted: Mon Jun 13, 2005 4:35 am    Post subject: Reply with quote

Actually those little magnetic strips can be removed quite easily. I did one once for a friend that tried to scan the code, but at the same time, I wonder if you did that if that would de-authenticize the bills' legitimacy.
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rapier



Joined: 16 Feb 2003

PostPosted: Mon Jun 13, 2005 4:54 am    Post subject: Reply with quote

I think getting a korean friend to send it out for you seems to be a good idea, I know a few who have done it that way.

Equally i know of several people who have just taken it out in cash in their bags- 20 M won or more. They generally don't search, although it is a risk i suppose.

What about putting it all on your korean credit card (some people have them), then withdrawing it the other end?

The problem is that you can't really wire out it out fast enough, or enough of it , if you have a substantial amount saved.
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stumptown



Joined: 11 Apr 2005
Location: Paju: Wife beating capital of Korea

PostPosted: Mon Jun 13, 2005 5:04 am    Post subject: Reply with quote

rapier wrote:
I think getting a korean friend to send it out for you seems to be a good idea, I know a few who have done it that way.

Equally i know of several people who have just taken it out in cash in their bags- 20 M won or more. They generally don't search, although it is a risk i suppose.

What about putting it all on your korean credit card (some people have them), then withdrawing it the other end?

The problem is that you can't really wire out it out fast enough, or enough of it , if you have a substantial amount saved.


Right..That's what I'm also considering. A rapid movement. How to take it all with you on a last minute's notice.
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stumptown



Joined: 11 Apr 2005
Location: Paju: Wife beating capital of Korea

PostPosted: Mon Jun 13, 2005 5:11 am    Post subject: Reply with quote

Could you really trust a Korean with your money especially with them knowing the fact that you aren't coming back? That one sounds risky to me
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rapier



Joined: 16 Feb 2003

PostPosted: Mon Jun 13, 2005 5:17 am    Post subject: Reply with quote

If there is an expenses limit of say, 10 M won every time you leave Incheon, maybe you could fly out/ferry to japan and back several times, taking more every time. There are presumably no restrictions on taking money out of japan. (Thats why its such a successful, open economy).
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stumptown



Joined: 11 Apr 2005
Location: Paju: Wife beating capital of Korea

PostPosted: Mon Jun 13, 2005 5:19 am    Post subject: Reply with quote

Ok, but does that explain wiring money home from Japan as to Korea. What are the costs and processes there? What do you need for documentation to send money from Japan to the US/Canada/Oz/Kiwiland?
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turtlepi1



Joined: 15 Jun 2004
Location: Abu Dhabi, UAE

PostPosted: Mon Jun 13, 2005 11:28 am    Post subject: Reply with quote

Just change it and DO claim it.

There are no restrictions on how much money you can bring into your home country. The restriction is how much you can bring in without filling out a form.

I'm taking a money draft for $20000 canadian home when I go.
Telling them I am paying off bills with it.
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hari seldon



Joined: 05 Dec 2004
Location: Incheon

PostPosted: Mon Jun 13, 2005 12:54 pm    Post subject: Reply with quote

JongnoGuru wrote:
Yeah, yeah... no plastic strip. But don't you rest easy, don't you dare rest easy. Because I've got two words -- no, three words for you. Money-sniffer dogs.

Yep, they've got 'em. Training starts when they're just pups. Simple stuff first. Like butt-sniffing. Then they move up to crotch-sniffing. And then they try the more challenging material. Challenging, but rewarding. Drug-sniffing. They like that. And if they show real promise, it's straight to money-sniffing school.

Eventually they graduate and earn their Sniffer-Dog badges. They're generally deployed in teams of two: a keen-snouted canine who can catch the scent of a single greenback at the bottom of a jar of kimchee. He's that good. The other dog is a rottweiler, and all he can smell is human fear. And he doesn't like it.

So there you are, slithering through Incheon passport control & security like you haven't a care, and suddenly BAM!! These two are ON you! Oh, these two are DOUBLE-DOGGING your ass!!! I tell you, they're good-dog/bad-dogging you for a fool, fool!!

Oh yeah, that money's safe in your money-belt or up the donkey hole, ooooohhh SUUUUUUUURE it is! Twisted Evil

U.S. Customs does have currency-sniffing dogs:
http://www.dogproblems.com/customsdogs.htm
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JongnoGuru



Joined: 25 May 2004
Location: peeing on your doorstep

PostPosted: Mon Jun 13, 2005 3:30 pm    Post subject: Reply with quote

hari seldon wrote:
U.S. Customs does have currency-sniffing dogs:
http://www.dogproblems.com/customsdogs.htm

Yes, they do.

1. Wrap cash with sheet of carbon paper.
2. Place wrapped cash in envelopes.
3. Sprinkle some freshly ground pepper into envelopes, then seal.
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PolyChronic Time Girl



Joined: 15 Dec 2004
Location: Korea Exited

PostPosted: Mon Jun 13, 2005 9:39 pm    Post subject: Reply with quote

What is the limit amount of money you can take on the plane without declaring? I thought it was cash less than $10,000?
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rapier



Joined: 16 Feb 2003

PostPosted: Mon Jun 13, 2005 9:56 pm    Post subject: Reply with quote

turtlepi1 wrote:
Just change it and DO claim it.

There are no restrictions on how much money you can bring into your home country. The restriction is how much you can bring in without filling out a form.

I'm taking a money draft for $20000 canadian home when I go.
Telling them I am paying off bills with it.


No restrictions on how much you bring into Canada, no, but restrictions on how much you take out of korea.

How can you declare 20. 000 when the limit is 10?
Are you saying they won't allow 20 Million won out of Korea, but they will allow you to take out 20.000 canadian dollars because its in foreign currency?
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JongnoGuru



Joined: 25 May 2004
Location: peeing on your doorstep

PostPosted: Mon Jun 13, 2005 11:09 pm    Post subject: Reply with quote

I don't mean to be a bore, and I realise this doesn't address the "how do I...?" question.

But if people remit funds through a bank as they go along (all nice & legal), they won't have these massive piles of cash that they don't know how to repatriate legally. Is it just a "can't be bothered" thing? Since most of us are here primarily for the money, it would seem very much worth the bother. Or am I missing something?

FWIW, I didn't know or care how to remit money from Korea until years after arriving, because I didn't earn enough that I could have saved anything. That changed. These days there are tens/hundreds of thousands of Chinese & other foreign labourers legally remitting money home, month in and month out. No reason why foreign teachers can't learn how.
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