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bassexpander
Joined: 13 Sep 2007
Location: Someplace you'd rather be.
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 Posted: Mon Apr 28, 2008 12:43 am Post subject: Anyone else lose int'l privleges on their KB Bank card? |
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It seems KB Bank may be rooting-out and canceling foreign international ATM cards from people who have had them for years.
Has this happened to anyone else? |
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hogwonguy1979
Joined: 22 Dec 2003
Location: the racoon den
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| Posted: Mon Apr 28, 2008 12:45 am Post subject: |
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| no but i will ask about this at the seoul town hall meeting on weds, i managed to finagle an invitation |
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DCJames
Joined: 27 Jul 2006
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| Posted: Mon Apr 28, 2008 1:16 am Post subject: |
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| hogwonguy1979 wrote: |
| no but i will ask about this at the seoul town hall meeting on weds, i managed to finagle an invitation |
represent us well my friend...
make sure you make a big stink about the inability of foreigners to withdraw THEIR OWN money from Korean banks while on vacation overseas. |
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merkurix
Joined: 21 Dec 2006
Location: Not far from the deep end.
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| Posted: Mon Apr 28, 2008 1:23 am Post subject: Re: Anyone else lose int'l privleges on their KB Bank card? |
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| bassexpander wrote: |
It seems KB Bank may be rooting-out and canceling foreign international ATM cards from people who have had them for years.
Has this happened to anyone else? |
I noticed this on vacation. After 5 years of faithful service, my privilege was revoked. This is probably the next logical step ALL banks will now take.  |
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Bibbitybop
Joined: 22 Feb 2006
Location: Seoul
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| Posted: Mon Apr 28, 2008 2:26 am Post subject: |
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| Here's a clue for all you foreigners: Leave KB bank, even if you don't use an international ATM, and leave a letter for the bank admins stating why you are leaving. |
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Whistleblower
Joined: 03 Feb 2007
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| Posted: Mon Apr 28, 2008 2:30 am Post subject: |
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| Bibbitybop wrote: |
| Here's a clue for all you foreigners: Leave KB bank, even if you don't use an international ATM, and leave a letter for the bank admins stating why you are leaving. |
So which bank would you recommend? |
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Bibbitybop
Joined: 22 Feb 2006
Location: Seoul
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| Posted: Mon Apr 28, 2008 2:48 am Post subject: |
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| Whistleblower wrote: |
| Bibbitybop wrote: |
| Here's a clue for all you foreigners: Leave KB bank, even if you don't use an international ATM, and leave a letter for the bank admins stating why you are leaving. |
So which bank would you recommend? |
I keep hearing good things about Standard Charter and KEB bank. KEB was the bank offering free gifts for filling out surveys so KEB could respond better to foreigner's needs.
I bank at Hana Bank and was given an international ATM card (a true international one) in 2006. Since then, some people have reported problems getting them, some have no problems, but it still works.
If you haven't read this, please read it. It contains the legal issues of banking and problems faced at some Hana Banks:
http://www.koreatimes.co.kr/www/news/opinon/2008/02/197_3908.html |
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hogwonguy1979
Joined: 22 Dec 2003
Location: the racoon den
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| Posted: Mon Apr 28, 2008 4:44 am Post subject: |
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| DCJames wrote: |
| hogwonguy1979 wrote: |
| no but i will ask about this at the seoul town hall meeting on weds, i managed to finagle an invitation |
represent us well my friend...
make sure you make a big stink about the inability of foreigners to withdraw THEIR OWN money from Korean banks while on vacation overseas. |
the main reason i'm going is to raise hell about the banking regs and how nothing has changed since the november meeting where people were raising hell and they said "they would look into it"
I intend to bring the articles from the Korea Times that have run.
after weds they may not invite me again. heck the moderator Anne L. has been pushing on this and it seems they didnt want her back as moderator since she was grilling the koreans when they would duck the questions. In fact I will email her about this again tonite |
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Hope
Joined: 22 Nov 2003
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| Posted: Mon Apr 28, 2008 5:31 am Post subject: |
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I had a working international ATM card but it doesn't work anymore( found out while I was on vacation) It 's too bad.... I felt it was the safest method when travelling.
It really doesn't leave many other options.
Travelers cheques....
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Yes, but if they are LOST or STOLEN you will need to return to Korea to get a refund. Cash will give you less problem and will have about the same security as a Korean issued travelers check (and that includes the big name ones like VISA or AMEX).
They are NOT like travelers checks from home.
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Cash....
Did that once on a trip to Thailand and got robbed  |
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hogwonguy1979
Joined: 22 Dec 2003
Location: the racoon den
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| Posted: Mon Apr 28, 2008 6:13 am Post subject: |
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| Hope wrote: |
I had a working international ATM card but it doesn't work anymore( found out while I was on vacation) It 's too bad.... I felt it was the safest method when travelling.
It really doesn't leave many other options.
Travelers cheques....
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Yes, but if they are LOST or STOLEN you will need to return to Korea to get a refund. Cash will give you less problem and will have about the same security as a Korean issued travelers check (and that includes the big name ones like VISA or AMEX).
They are NOT like travelers checks from home.
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Cash....
Did that once on a trip to Thailand and got robbed |
which bank? so that I can ask the people Weds. |
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Bibbitybop
Joined: 22 Feb 2006
Location: Seoul
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Hope
Joined: 22 Nov 2003
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| Posted: Mon Apr 28, 2008 6:17 am Post subject: |
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| KB Bank....Krap Bank |
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spliff
Joined: 19 Jan 2004
Location: Khon Kaen, Thailand
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| Posted: Mon Apr 28, 2008 2:01 pm Post subject: |
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| If you want the "overseas ATM" ability just get a secured credit card from KEB. It can be used to withdraw money overseas on a debit base so you won't have to pay interest. I too have a KB inter ATM but, to the best of my knowledge, I don't think it's been canceled. |
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Rae
Joined: 10 Oct 2007
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| Posted: Mon Apr 28, 2008 2:30 pm Post subject: |
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| Wat's an International ATM? Is it the one with the Maestro logo? |
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spliff
Joined: 19 Jan 2004
Location: Khon Kaen, Thailand
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| Posted: Mon Apr 28, 2008 2:35 pm Post subject: |
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| Maestro or Cirrus. Mine has both. |
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