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URGENT - ANY place in thailand to change korean CHECKS???

 
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gochubandit



Joined: 29 Jul 2004
Location: under your bed... with a marker

PostPosted: Mon Jun 05, 2006 5:52 am    Post subject: URGENT - ANY place in thailand to change korean CHECKS??? Reply with quote

i brought over about 500K in korean won to exchange here in thailand for baht, but i tried at a few banks and they won't accept aything but notes. does ANYONE know ANYWHERE in thailand that'll take a 100,000 korean check and exchange it? or did i make a pretty big mistake? Shocked
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Demonicat



Joined: 18 Nov 2004
Location: Suwon

PostPosted: Mon Jun 05, 2006 6:10 am    Post subject: Reply with quote

how about the AMEX in the airport?
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Dan The Chainsawman



Joined: 05 May 2005

PostPosted: Mon Jun 05, 2006 7:25 am    Post subject: Reply with quote

Dude I think you are screwed.
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gochubandit



Joined: 29 Jul 2004
Location: under your bed... with a marker

PostPosted: Mon Jun 05, 2006 9:02 pm    Post subject: Reply with quote

there's an AMEX at the bangkok airport? are u sure? i didn't see any. wasn't really lookin either.

i'm sorta screwed. i brought my american visa with me, so it's not that bad. just more inconvenient.
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trevorcollins



Joined: 02 Jul 2004

PostPosted: Mon Jun 05, 2006 11:48 pm    Post subject: Reply with quote

no where in thailand will change those korean checks.
i'd bet my life on it.
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seoulsucker



Joined: 05 Mar 2006
Location: The Land of the Hesitant Cutoff

PostPosted: Tue Jun 06, 2006 12:47 am    Post subject: Reply with quote

Big mistake, dude. Those things aren't worth the paper they're printed on outside of the ROK. Next time, go with AMEX cheques. They're golden.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Tue Jun 06, 2006 8:39 pm    Post subject: Re: URGENT - ANY place in thailand to change korean CHECKS?? Reply with quote

gochubandit wrote:
i brought over about 500K in korean won to exchange here in thailand for baht, but i tried at a few banks and they won't accept aything but notes. does ANYONE know ANYWHERE in thailand that'll take a 100,000 korean check and exchange it? or did i make a pretty big mistake? Shocked


You make a BIG mistake.

Korean "checks" are just domestic paper and NOT for international use.

IF you are taking up residence there and have opened a bank account you may be able to get a bank to cash them as a demand note but you won't get credit for them until they are returned to Korea and have cleared the system. Then they will be credited to your account. This may take a month or more and the service charges may be high.

Alternatively, depending on where you are at, you may be able to find one of the Korean tour package groups who may be willing to buy them back from you. Try the Hilton Hotel in Bangkok, Adrianna Hotel in Pattaya, and I forget the name of the hotel on Phuket that hosts the Korean tour package/ tour groups.

Tell them your story, show them the Korean visa in your passport, and they may be kind to you.

Good luck.
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trevorcollins



Joined: 02 Jul 2004

PostPosted: Wed Jun 07, 2006 1:22 am    Post subject: Re: URGENT - ANY place in thailand to change korean CHECKS?? Reply with quote

ttompatz wrote:
Alternatively, depending on where you are at, you may be able to find one of the Korean tour package groups who may be willing to buy them back from you. Try the Hilton Hotel in Bangkok, Adrianna Hotel in Pattaya, and I forget the name of the hotel on Phuket that hosts the Korean tour package/ tour groups.

Tell them your story, show them the Korean visa in your passport, and they may be kind to you.


This is a good suggestion. Probably won't work (imagine if roles were reversed and a stranger was trying to exchange a check for $ with you) but it's your best bet. Give them your Korean phone number address etc. There's a Korea town area on Sukhumvit Rd up near Ashok skytrain stop. Around Soi 16 or so. Possibly some Korean expats etc. Even the Korean run restaurants around Khao San Rd let Koreans pay for their food / hotel etc with won rather than baht so they may be willing to exchange one of these babies for you.
They are essentially useless outside Korea though, so whoever changes the thing is going to have to get it back to Korea before they can get the money.
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Masterjazz



Joined: 04 Jan 2006

PostPosted: Wed Jun 07, 2006 2:08 am    Post subject: Reply with quote

^yes but this IS Thailand and package tour groups are always briefed on the many scams that are set up especially to con tourists-like gold and gems etc... so someone trying to sell them cheques will look dodgy...
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lawyertood



Joined: 17 Jan 2003
Location: Seoul, Incheon and the World--working undercover for the MOJ

PostPosted: Wed Jun 07, 2006 3:41 am    Post subject: Reply with quote

No guarantees, but I suppose you could try the Korean Embassy...someone there might change for won. Might even run into a sympathetic ex-pat on a visa run.
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plattwaz



Joined: 08 Apr 2005
Location: <Write something dumb here>

PostPosted: Wed Jun 07, 2006 3:53 am    Post subject: Reply with quote

And, DO let us know how it all works out, if you try any of these suggestions.

Just to help anyone in future, should someone make the same mistake!

Good luck!
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TexasPete



Joined: 24 May 2006
Location: Koreatown

PostPosted: Wed Jun 07, 2006 4:19 pm    Post subject: Reply with quote

Dude, you're poop out of luck. They won't even change K-checks at the airport for foreign currency (which ends with the traveler paying for gum with 100,000W checks which i've had to do.) I've even heard stories of teachers who finish their contract and get their severence paid in checks, not cash or direct deposit which are not exchangeable for goods and services anywhere outside of Korea. This is worse than useless and requires a lot of effort and hassle on the part of the teacher to fix.

I hope you have another foreign acount in your homeland or enough left in your Korean account and/or a cirrus or plus bank card. If not, you're pretty screwed. Barring that, see if you have friends/family that can wire you money via Western Union or some other such service. As a last resort, you can try your embassy and see what kind of service or help they can offer.
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sadsac



Joined: 22 Dec 2003
Location: Gwangwang

PostPosted: Thu Jun 15, 2006 3:11 am    Post subject: Reply with quote

Not worth the paper they are printed on outside of Korea. They are not a cheque in the sense that we know cheques. They are basically a domestic promisory note issued by the bank, redeemable at a merchant. Bad luck. Smile
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