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Banking Policy Change?

 
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Rapacious Mr. Batstove



Joined: 26 Jan 2007
Location: Central Areola

PostPosted: Sun Oct 07, 2007 7:42 pm    Post subject: Banking Policy Change? Reply with quote

Went to Hana Bank and tried to send my usual 1m won home for the month. I get a nervous giggle from the ditzy bank teller and handed the phone where some wench tells me that policy has changed and foreigners wanting to send home more than $1000US, need to show their pay details and a Certificate of Office?

What the fuck is a Certificate of Office?

All I used to need was my passport and my bankbook.

Why do these freaks constantly insist on making life more difficult for foreigners here?

Has anyone else encountered this situation with Hana bank or other banks?
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venus



Joined: 25 Oct 2006
Location: Near Seoul

PostPosted: Sun Oct 07, 2007 7:50 pm    Post subject: Re: Banking Policy Change? Reply with quote

Rapacious Mr. Batstove wrote:
Went to Hana Bank and tried to send my usual 1m won home for the month. I get a nervous giggle from the ditzy bank teller and handed the phone where some wench tells me that policy has changed and foreigners wanting to send home more than $1000US, need to show their pay details and a Certificate of Office?

What the fuck is a Certificate of Office?

All I used to need was my passport and my bankbook.

Why do these freaks constantly insist on making life more difficult for foreigners here?

Has anyone else encountered this situation with Hana bank or other banks?


I find it differs from branch to branch. Two weeks ago I sent home 1,200,000 without problem.

If your branch is in some small town, try going to a bigger branch...?

It's a pain though. I've changed banks a few times when I've moved as practices that were okay in one areas branch became not okay in others.
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kermo



Joined: 01 Sep 2004
Location: Eating eggs, with a comb, out of a shoe.

PostPosted: Sun Oct 07, 2007 8:00 pm    Post subject: Reply with quote

When I saw the title of this thread, I thought "Hm, could be a 'banker mood change' instead."

Last year, I tried to send some money home with a new bank. I was with a Korean, and the teller gave us three different reasons why it wouldn't be allowed... (you sent money home with a different bank recently, etc., etc.,) and then let us do it anyway.

*side rant*
I can understand why Koreans make it hard to take money OUT of the country, but why on earth do they make it so hard to bring it IN? My friend went to 9 different bank machines in Bundang yesterday, trying to take money out using his UK Visa card. Even the ones that said "Global ATM" or "Korean Exchange Bank" were useless.
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icicle



Joined: 09 Feb 2007
Location: Gyeonggi do Korea

PostPosted: Mon Oct 08, 2007 1:24 am    Post subject: Reply with quote

kermo wrote:

*side rant*
I can understand why Koreans make it hard to take money OUT of the country, but why on earth do they make it so hard to bring it IN? My friend went to 9 different bank machines in Bundang yesterday, trying to take money out using his UK Visa card. Even the ones that said "Global ATM" or "Korean Exchange Bank" were useless.


One question I would ask him on that one is whether or not he had told his UK bank that he was going to be in Korea ... especially when he said that he was trying to take out money using a Visa card ... To protect the customer (owner of the visa card) I know that some banks do stop overseas transactions where they don't know that the customer is likely to make transactions from that country .... I know when I opened an account in my home country before I came to Korea one of the things which they recorded on their system was the fact that I was going to be in Korea so I would not have any problems withdrawing money from the account there ... It is worth ruling that out before you just blame the korean machines ... Though I do know that both can be a problem...

Actually just writing that reminded me that another problem to be aware of if it is a Debit card from overseas ... Is to know from your home bank what kind of card it is from the computers point of view ... To use my debit Mastercard here to withdraw money from an ATM I have to say that it is a Checking Account. If I say it is a Credit Card at an ATM it will not work... That has caught me a couple of times before I remembered what I had to do ... But making other payments using it it does work as a Credit card, just not at an ATM ...

Icicle
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