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Godd*mn Banks
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vox



Joined: 13 Feb 2005
Location: Jeollabukdo

PostPosted: Wed Mar 01, 2006 4:29 pm    Post subject: Godd*mn Banks Reply with quote

I went to the bank to have my money converted to a money order and they wanted my passport to write in it! Of course I got in a fight with the server and the manager insisting that it is not the case and they are making an exception for me. I don't know what's what anymore. It is f**king ridiculous that some people want us to believe we come here only to be able to send 10million home on an E2 visa I'm just not convinced that it's really the true story.

I am getting desperate and I'm considering just taking it all home in a suitcase and converting it in Canada. Can anyone with any real knowledge tell me how I can legally get around this? My friend in another city sends his money home and never gets asked for his passport. WTF?! I can't ask him to do it for me because if he starts doubling the amount sent home the bank might start asking questions. I don't know what to do but it's really pissing me off.
Evil or Very Mad Evil or Very Mad Evil or Very Mad

Helpful PMs welcome.
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jinju



Joined: 22 Jan 2006

PostPosted: Wed Mar 01, 2006 4:48 pm    Post subject: Reply with quote

If you think you will be able to take it home in a suitcase you are mistaken. This is not bank policy. By law you are not allowed to take over 10,000USD out of a country without declaring it.
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Yu_Bum_suk



Joined: 25 Dec 2004

PostPosted: Wed Mar 01, 2006 5:01 pm    Post subject: Reply with quote

You are allowed to take up to $10,000 USD out of the country. To take more, you need to take paycheque slips to a bank and have it transferred. You may transfer up to 2/3 of what you earn here.
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vox



Joined: 13 Feb 2005
Location: Jeollabukdo

PostPosted: Wed Mar 01, 2006 5:01 pm    Post subject: Reply with quote

Declaring it is fine with me. I would be happy to report to my destination country that I'm putting more than 10K USD in my savings account. But that's not what happens here. They just cross their hands and say you can't do it.

Any helpful advice besides suck it up? Because I don't really believe that the majority of us are doing that.
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vox



Joined: 13 Feb 2005
Location: Jeollabukdo

PostPosted: Wed Mar 01, 2006 5:05 pm    Post subject: Reply with quote

Yu_Bum_suk wrote:
You are allowed to take up to $10,000 USD out of the country. To take more, you need to take paycheque slips to a bank and have it transferred. You may transfer up to 2/3 of what you earn here.


Thanks! That's what I needed to know. What is the best bank to deal with?
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Tiberious aka Sparkles



Joined: 23 Jan 2003
Location: I'm one cool cat!

PostPosted: Wed Mar 01, 2006 5:10 pm    Post subject: Reply with quote

Why are you so adverse to showing them your passport?

Sparkles*_*
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dogbert



Joined: 29 Jan 2003
Location: Killbox 90210

PostPosted: Wed Mar 01, 2006 5:21 pm    Post subject: Reply with quote

Where do you get that 2/3 figure?
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VanIslander



Joined: 18 Aug 2003
Location: Geoje, Hadong, Tongyeong,... now in a small coastal island town outside Gyeongsangnamdo!

PostPosted: Wed Mar 01, 2006 5:21 pm    Post subject: Reply with quote

Tiberious aka Sparkles wrote:
Why are you so adverse to showing them your passport?

Good question.

Maybe he's on a tourist visa and fears the repurcussions of an investigation.

Or maybe he's just upset about the inconvenience of having to go to his apartment to retrieve his passport.
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Yu_Bum_suk



Joined: 25 Dec 2004

PostPosted: Wed Mar 01, 2006 5:24 pm    Post subject: Reply with quote

vox wrote:
Yu_Bum_suk wrote:
You are allowed to take up to $10,000 USD out of the country. To take more, you need to take paycheque slips to a bank and have it transferred. You may transfer up to 2/3 of what you earn here.


Thanks! That's what I needed to know. What is the best bank to deal with?


Any larger bank that's not too busy and has a young guy that speaks English would be fine. Bring all your pay receits and the account number and address of your bank back home. They'll need to make photocopies of your passport and ARC.
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Yu_Bum_suk



Joined: 25 Dec 2004

PostPosted: Wed Mar 01, 2006 5:27 pm    Post subject: Reply with quote

dogbert wrote:
Where do you get that 2/3 figure?


I can't remember where but I think it was from my first bank.
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Yu_Bum_suk



Joined: 25 Dec 2004

PostPosted: Wed Mar 01, 2006 6:04 pm    Post subject: Reply with quote

dogbert wrote:
Where do you get that 2/3 figure?


I can't remember where but I think it was from my first bank.
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winnie



Joined: 08 May 2005
Location: the forest

PostPosted: Wed Mar 01, 2006 6:35 pm    Post subject: Reply with quote

You might wanna change banks. I send mine home through nong hyup...never had a problem.

When I used KEB to buy traveler's checks however, they wrote the amount in my passport. Nong hyup doesn't even ask for a passport, just ARC...but then they don't even know what a traveler's check is at that bank.

You need some special form from your school I was told, if you are sending home more than 10,000 in a year. Just have your school call the bank and ask them what they wanna see. It's just a measure some of them take to make sure you are earning legally I think. But I have never been questioned at the nong hyup.
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huck



Joined: 19 Jan 2003

PostPosted: Wed Mar 01, 2006 7:11 pm    Post subject: Reply with quote

Or just withdraw the money in supyo's (checks) and take it to an itaewon curreny exchange window....Change it over to dollars and put it in your pocket if you're going home soon.
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pest2



Joined: 01 Jun 2005
Location: Vancouver, Canada

PostPosted: Wed Mar 01, 2006 7:35 pm    Post subject: Reply with quote

It does seem like they're always asking you for passport here ... compared to other countries at least... "gotta have yer damn passport just to take a leak in this joint" my 50 year old former co-worker would say.

One thing to consider, maybe, is that if you renew your passport in the middle of the year, your embassy wont transfer that page with all the scribble the banks put on it over to the new passport.. so they have no way to know how much you sent before you renewed...
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Yu_Bum_suk



Joined: 25 Dec 2004

PostPosted: Wed Mar 01, 2006 8:41 pm    Post subject: Reply with quote

pest2 wrote:
It does seem like they're always asking you for passport here ... compared to other countries at least... "gotta have yer damn passport just to take a leak in this joint" my 50 year old former co-worker would say.

One thing to consider, maybe, is that if you renew your passport in the middle of the year, your embassy wont transfer that page with all the scribble the banks put on it over to the new passport.. so they have no way to know how much you sent before you renewed...


If you renew your passport immi will still want to see your old one before you go, as they won't trasfer that page with your visa in it, either (I've done this so trust me on this).
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