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Why do they need so much bank information?
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Gord



Joined: 25 Feb 2003

PostPosted: Tue Jan 24, 2006 8:39 am    Post subject: Reply with quote

BigBlackEquus wrote:
I hope it pissed her off. I hope she was totally embarrased. I hope she is disappointed in her country, and feels sad to be a part of it.


Embarrassed because some foreigner on the phone was ranting about something the law says he can't have? She isn't paid enough to care.

Quote:
My hope is that some day, as Korea desperately tries to impress the rest of the world, they will wake up and smell the *beep* they are shoveling to everyone non-Korean, and realizes that each of us pass information about this odd treatment to our friends, families, and politicians back home. Hopefully, someone will be able to stand up one day in this racist, xenophobic country, and try to make some changes, because they realize that Korea is viewed internationally as a sub-class country full of cheats and liars.


So the government passes a law that says foreigner are not allowed to have bank cards which can be used internationally so that they can combat money laundering.

If that was your only bank, most of the money you have saved in your account would have been from prohibited jobs and untaxed/unclaimed income as your regular job would only cover the lifestyle you have become accustomed to. Thus any international withdrawals would have been of laundered money.

That sucks. My crack habit took a serious hit when I came to Korea too, but you don't see me yelling at the local dealers on the phone when they say they can't hook me up with some crack. That sucks too. Together, we are a barge of suckiness on the river Korea filled entirely with our tears.

Quote:
No matter what she felt, Woori bank doesn't seem to have anyone I can speak with who can do anything about the issue, so I could do nothing but let my feelings be known to the individual that they would allow me to speak with. I can only hope that she passes my (and I'm sure the anger of many other foreigners) on to someone else.


Wrong avenue. It's a government law, not a bank policy. Start with your local elected representative's office and have a meeting with one of the aides whose entire job is to listen to people like you who have a complaint, though generally I don't think they would argue in favour of abolishing money laundering laws so that people can launder money, but whatever.

Quote:
If we ignore it and don't complain about it, then it our disapproval will go totally unnoticed. I hope it upset her enough to pass on her feelings to those above her. If Korea wants to be the hub of Asia, they need to get with the program. Enough of this paranoid protectionism.


Yes, I'm sure she is all over that. More likely that she was doing her best not to laugh at the foreigner everyone knows wants to launder money and now has to do a wire transfer instead. She would have heard far worse from far more people. She stopped caring years ago.

Quote:
Please save me the "now she hates foreigners because of you" speech. I really don't care to kiss the ass of every Korean out there just so I don't embarrass them or hurt their feelings.


You certainly are a tough guy on the phone, aren't ya? Yelling at little girls on the phone and rambling on an Internet forum. But walking down to meet the people who can actually change the laws to let you launder your money, too much work. Rock on.
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Beej



Joined: 05 Mar 2005
Location: Eungam Loop

PostPosted: Tue Jan 24, 2006 10:51 am    Post subject: Reply with quote

[quote="Gord"]
Embarrassed because some foreigner on the phone was ranting about something the law says he can't have? She isn't paid enough to care.

Gord, so the government is worried about money laundering? Do you think Koreans dont use the ATM card method to launder money? I'm sure the amount Koreans send out with atm cards to avoid the tax man FAR exceeds the amount foreign workers send. This is a racist policy. If they really want to stop this practice, they should ban all international atm cards. But as usual Koreans prefer to blame outsiders for their own shortcomings.
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Gord



Joined: 25 Feb 2003

PostPosted: Tue Jan 24, 2006 3:18 pm    Post subject: Reply with quote

Beej wrote:
Gord, so the government is worried about money laundering? Do you think Koreans dont use the ATM card method to launder money? I'm sure the amount Koreans send out with atm cards to avoid the tax man FAR exceeds the amount foreign workers send. This is a racist policy. If they really want to stop this practice, they should ban all international atm cards. But as usual Koreans prefer to blame outsiders for their own shortcomings.


Statistically, nearly 100% of foreigners will launder money internationally through their international bank cards to the tune of hundreds of millions to billions per year.

Statistically, nearly 0% of Koreans will do the same. Why would they? It's far easier to launder things through a family-owned business or simply wiring the money out under the claim that it's an international investment.

Any other hypotheticals from the land of the unheard of that you wish to bring up?
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some waygug-in



Joined: 25 Jan 2003

PostPosted: Tue Jan 24, 2006 4:14 pm    Post subject: Reply with quote

Statistically?

Where are you getting your "statistics"? Your local laundry?

I argee that Big Black complaints sound a lot like a whiny newbie to me, but your claims sound equally ludicrous.
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Wangja



Joined: 17 May 2004
Location: Seoul, Yongsan

PostPosted: Tue Jan 24, 2006 4:18 pm    Post subject: Reply with quote

I am fairly sure that Gord was extracting the urine.

Quite painlessly, too. Laughing
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Gord



Joined: 25 Feb 2003

PostPosted: Tue Jan 24, 2006 4:27 pm    Post subject: Reply with quote

some waygug-in wrote:
Statistically?

Where are you getting your "statistics"? Your local laundry?


A local sampling though I believe it to be representative of the whole. I don't know of any Koreans who have laundered money using a bank card that can be used internationally. Hell, most don't even have such a card. While of every foreigner I know, only one has never done any private classes. And I like to pretend I know a fair number of people.

Though if you have anecdotal evidence to the contrary, perhaps you should offer it.

Quote:
I argee that Big Black complaints sound a lot like a whiny newbie to me, but your claims sound equally ludicrous.


I'm just telling you why they took them away. If you don't like the reason, then tell them to withdraw the law and bring it back again using a different reason. It was never a law to stop money leaving the country (as money orders, bank drafts and wire transfers, for example, were left untouched as a means to send money out of the country), but was simply to stop laundering by foreigners which pretty much everyone does.
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mishlert



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

PostPosted: Tue Jan 24, 2006 4:32 pm    Post subject: Reply with quote

Change your Kookmin account to KEB and then give your school a copy of your Kookmin bank book.
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dogbert



Joined: 29 Jan 2003
Location: Killbox 90210

PostPosted: Tue Jan 24, 2006 5:30 pm    Post subject: Reply with quote

BigBlackEquus wrote:
dogbert wrote:
BigBlackEquus wrote:
Well, I opened the account with Woori, and of course, didn't get an international ATM card. After arguing with the lady on the line, telling her that Korea is still a 3rd world country, and that it will never be the hub of asia, I feel better.


Did you ever think how that made her feel, big man?

Do you think the person who answers complaints from people whose Korean isn't good enough to talk with people at their local bank branch might actually agree with you that you should have an international ATM card, but doesn't have the power to change the policy?

I'm glad you feel better, jackoff.


I do feel better.

I hope it pissed her off. I hope she was totally embarrased. I hope she is disappointed in her country, and feels sad to be a part of it.


It takes a big man to browbeat a woman.

Idiot wrote:
My hope is that some day, as Korea desperately tries to impress the rest of the world, they will wake up and smell the *beep* they are shoveling to everyone non-Korean, and realizes that each of us pass information about this odd treatment to our friends, families, and politicians back home. Hopefully, someone will be able to stand up one day in this racist, xenophobic country, and try to make some changes, because they realize that Korea is viewed internationally as a sub-class country full of cheats and liars.


How do you know this woman is xenophobic? Maybe she likes foreigners and can appreciate the difficulty we have banking and doing other things in this country.

Maybe your immature ranting and nastiness put a little dent in her attitude.


Idiot wrote:
No matter what she felt, Woori bank doesn't seem to have anyone I can speak with who can do anything about the issue, so I could do nothing but let my feelings be known to the individual that they would allow me to speak with. I can only hope that she passes my (and I'm sure the anger of many other foreigners) on to someone else.


Right, because as we all know, the flow upward of such information from customer call centers to the CEO's office is a given, in North America as well as Korea.

Idiot wrote:
If we ignore it and don't complain about it, then it our disapproval will go totally unnoticed. I hope it upset her enough to pass on her feelings to those above her.


It certainly upset her enough for her to pass her feelings on to her husband.

Idiot wrote:
If Korea wants to be the hub of Asia, they need to get with the program. Enough of this paranoid protectionism.


Do you make this speech to every Korean you know?


Idiot wrote:
Please save me the "now she hates foreigners because of you" speech. I really don't care to kiss the ass of every Korean out there just so I don't embarass them or hurt their feelings.


Fsck you. You are such a big man, aren't you? Fscking idiot. It's called being a human, dipsh1t. She's not just a Korean, she's also a human being, the same as you, except better educated and more humane. Fsck you.

Idiot wrote:
And the local branch woman understood me just fine.


Bullsh1t, braggart. If you were able to communicate effectively in Korean, you would not have had to call the bank's English help line.

By the way, do you think when you call, you are anonymous?

Anyone who thinks this guy is Derrek, he isn't.
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some waygug-in



Joined: 25 Jan 2003

PostPosted: Tue Jan 24, 2006 6:12 pm    Post subject: Reply with quote

Yes, Gord. I admit to teaching the odd private lesson over the years.

But the pittance that I received for such activities lead me to the conclusion that by and large, private teaching is a waste of my time.

I may have earned enough to buy a couple of meals here, or even enough to see a couple of movies.

I certainly never earned enough to go through all the hassle of trying to launder it.

Any money I sent home was earned legitimately.

By the way, my Busan bank card worked mighty fine in Spain last year.
(but only during certain hours)

Yes, you may be right as to the reason banks took the cards away, but the assumtions behind that reason are way off base. Confused
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TheUrbanMyth



Joined: 28 Jan 2003
Location: Retired

PostPosted: Tue Jan 24, 2006 8:47 pm    Post subject: Reply with quote

Grotto wrote:
Quote:
A local sampling though I believe it to be representative of the whole.


A local sampling of what? Razz

Foreigners launder hundrends of millions Laughing lets see....(1) first a foriegner would have to get their hands on that kind of money....deposit it into a bank here in Korea and then withdraw it a grand at a time in another country using an interact card Rolling Eyes Nice logic! Rolling Eyes


Lets face it. (2) The only people in Korea with access to hundreds of millions/billions of dollars are the Koreans themselves.....yet they still have those cards.....how hard would it be for a criminal to get a Korean friend or girlfriend to open up an account, put the money in it and then withdraw it from another country anyway????

!


(numbers are mine)

1. Stop a moment and just think All foreigners in Korean are not just teachers or soldiers. There are people who work for international corporations, there are CEO's and so forth. So for a number of foreigners "getting their hands on that kind of money" would not be difficult at all.

2. For the same reasons "the only people with access to hundreds of millions of won" are NOT only Koreans.
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TheUrbanMyth



Joined: 28 Jan 2003
Location: Retired

PostPosted: Tue Jan 24, 2006 8:50 pm    Post subject: Reply with quote

BigBlackEquus wrote:
TheUrbanMyth wrote:
BigBlackEquus wrote:
[. Hopefully, someone will be able to stand up one day in this racist, xenophobic country, and try to make some changes.

.



So why are you still here then? Hurry back to the enlightened West where racism and xenophobia would of course never show.

Remember by staying here you support it. Stand up and try to make changes. But don't talk to bank clerks. They don't set policy. Complain to the government.


Apologist.



Whiner. Such a brave man you are, yelling at a woman on the phone. Do you hit them too?
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some waygug-in



Joined: 25 Jan 2003

PostPosted: Tue Jan 24, 2006 9:23 pm    Post subject: Reply with quote

If the average foreigner in Korea sent home $1000 in undeclared income per year, that would be more than $250 million per year. How much did you make in privates last year? More than a thousand I suspect.


I can only speak for myself, but I made a grand total of 200, 000 won on privates last year. Of that, I sent none home. (that's about $200 us)

Soweeeeeeee unca' Jed. We's in the big hawse naow.

Where are all these privates who pay all this under-the-table cash?

Send some my way, won't ya?
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JongnoGuru



Joined: 25 May 2004
Location: peeing on your doorstep

PostPosted: Tue Jan 24, 2006 10:09 pm    Post subject: Re: Why do they need so much bank information? Reply with quote

BigBlackEquus wrote:
So my new school wants me to change to Woori bank. My last school wanted me to change to KB. I now have a KB account.

I will open a 2nd account (a Woori one) and now my new school is requesting that I give them a photocopy of my account book page from KB as well. Not to make deposits -- just so they can have it.

Why do they need this??? I really don't care to give it to them.

Employers are playing financial watchdog now? What legal right does an employer have to info on personal bank accounts, other than the one they use for depositing salary? None, I would imagine. I wouldn't bother making a stink over this. I'd just give them what they want, leaving maybe 5,000 won in the KB account, and then go make another account at a different bank -- one that you'll actually use for whatever purpose.
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JongnoGuru



Joined: 25 May 2004
Location: peeing on your doorstep

PostPosted: Wed Jan 25, 2006 12:07 am    Post subject: Reply with quote

Since when are foreigners legally required to provide Korean employers info on our personal bank accounts, specifically those unrelated to salary deposits?
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BigBlackEquus



Joined: 05 Jul 2005
Location: Lotte controls Asia with bad chocolate!

PostPosted: Wed Jan 25, 2006 9:11 am    Post subject: Reply with quote

TheUrbanMyth wrote:
BigBlackEquus wrote:
TheUrbanMyth wrote:
BigBlackEquus wrote:
[. Hopefully, someone will be able to stand up one day in this racist, xenophobic country, and try to make some changes.

.



So why are you still here then? Hurry back to the enlightened West where racism and xenophobia would of course never show.

Remember by staying here you support it. Stand up and try to make changes. But don't talk to bank clerks. They don't set policy. Complain to the government.


Apologist.



Whiner. Such a brave man you are, yelling at a woman on the phone. Do you hit them too?



No. I don't hit women. Korean men often do, though.
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