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No more international bank cards given to foriengers
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Gideon



Joined: 24 Feb 2004
Location: Seoul

PostPosted: Thu Oct 06, 2005 10:33 pm    Post subject: No more international bank cards given to foriengers Reply with quote

Apparently this is a new thing the Korean government has done, since this past summer..

Friends of mine are trying to get an international banking card so they can use back home..

I have once since i got it last year.. Why would the government do this?

The only reason I can think of is that, the k-govt want to limit the amount of money being taken out of the country... although, we can still wire transfer home.. it just doesn't make sense..

Can anyone explain this phenomenon..??

haha.. omg.. look at those spelling mistakes.. hehe


Last edited by Gideon on Fri Oct 07, 2005 3:59 am; edited 1 time in total
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Wangja



Joined: 17 May 2004
Location: Seoul, Yongsan

PostPosted: Thu Oct 06, 2005 10:37 pm    Post subject: Reply with quote

Mine (Woori Bank) worked fine in Europe last month.
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Gideon



Joined: 24 Feb 2004
Location: Seoul

PostPosted: Thu Oct 06, 2005 10:38 pm    Post subject: international bank card Reply with quote

Yes mine still works since i got it last year...

But they told me once the card wears out, i will not be issued another one

Thats %#$ up...
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agraham



Joined: 19 Aug 2004
Location: Daegu, Korea

PostPosted: Thu Oct 06, 2005 11:23 pm    Post subject: Reply with quote

It's because illegal workers who can't legally wire money out of the country without getting a bank stamp in thier passports right next to their tourist visa stamp could still get the cash out via the international bank cards.
If you try to leave the country with a tourist visa and ten shimman stamps you're busted, but it's no problem with an international bank card (or five) in your wallet.
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Keepongoing



Joined: 13 Feb 2003
Location: Korea

PostPosted: Thu Oct 06, 2005 11:24 pm    Post subject: hmmm Reply with quote

there are a couple lengthy threads on this already. Can you tell us which bank said this? Was it Kookmin
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Gideon



Joined: 24 Feb 2004
Location: Seoul

PostPosted: Fri Oct 07, 2005 12:02 am    Post subject: my bank Reply with quote

CHB www.chb.co.kr
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OiGirl



Joined: 23 Jan 2003
Location: Hoke-y-gun

PostPosted: Fri Oct 07, 2005 2:42 am    Post subject: Reply with quote

agraham wrote:
It's because illegal workers who can't legally wire money out of the country without getting a bank stamp in thier passports right next to their tourist visa stamp could still get the cash out via the international bank cards.

Can an illegal worker open a bank account?
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dogbert



Joined: 29 Jan 2003
Location: Killbox 90210

PostPosted: Fri Oct 07, 2005 3:20 am    Post subject: Reply with quote

OiGirl wrote:
agraham wrote:
It's because illegal workers who can't legally wire money out of the country without getting a bank stamp in thier passports right next to their tourist visa stamp could still get the cash out via the international bank cards.

Can an illegal worker open a bank account?


At least one Korean bank I know of actively target markets illegal workers for its money transfer service.
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mishlert



Joined: 13 Mar 2003
Location: On the 3rd rock from the sun

PostPosted: Fri Oct 07, 2005 3:22 am    Post subject: Reply with quote

I've never brought my passport to the bank and was still able to wire money from my account by just showing my ARC.
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funplanet



Joined: 20 Jun 2003
Location: The new Bucheon!

PostPosted: Fri Oct 07, 2005 3:32 am    Post subject: Reply with quote

It's a typical Korean approach to a problem...instead of thinking and doing something logical, they just take a hammer to it and beat the shit out of it until it makes 'em feel good..."look, we're taking care of the problem!"

makes no sense though...if you are here working legally then you should have access to YOUR money!!!

They're fukin' idiots
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antoniothegreat



Joined: 28 Aug 2005
Location: Yangpyeong

PostPosted: Fri Oct 07, 2005 3:48 am    Post subject: j Reply with quote

well, if it made sense, it wouldnt be Korean...
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KiteOperations



Joined: 09 Jul 2005

PostPosted: Fri Oct 07, 2005 3:51 am    Post subject: Reply with quote

funplanet wrote:
It's a typical Korean approach to a problem...instead of thinking and doing something logical, they just take a hammer to it and beat the *beep* out of it until it makes 'em feel good..."look, we're taking care of the problem!"

makes no sense though...if you are here working legally then you should have access to YOUR money!!!

They're fukin' idiots


and I've noticed this is your typical approach to Korea all the time.
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ddeubel



Joined: 20 Jul 2005

PostPosted: Fri Oct 07, 2005 6:11 am    Post subject: Reply with quote

Gideon,

Can' t be nothing with the government......Korea isn't that organized...

I went in a week ago and got an international debit card. Hana bank.
No problem....3,000 WON per withdraw. Fine. No problem.

Then speaking with colleagues, find out my visa checking card will also work abroad (it has the plus sign). So I have two, will send the other home for withdrawls...

So you are wrong about the govt. Discretionary banking thingeeeee, typical Korean , seat of the pants, maybe with this guy at this bank and not at the same bank, different branch....

My two cents worth.

DD
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Gideon



Joined: 24 Feb 2004
Location: Seoul

PostPosted: Fri Oct 07, 2005 6:48 am    Post subject: wrong? Reply with quote

Well my brother went with his boss and was told its a govn't policy.. and my other buddy went to another chb branch and was told the same...

Not sure.. god only knows..

And its true... If it made sense it wouldnt be korea
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tzechuk



Joined: 20 Dec 2004

PostPosted: Fri Oct 07, 2005 8:13 am    Post subject: Reply with quote

Why don't you folks go to the one bank that is the best for foreigners : KEB, Korea Exchange Bank?

They are absolutely the best bank in Korea. They will give you an international bank card.
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