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moosehead
Joined: 05 May 2007
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 Posted: Fri Apr 25, 2008 6:51 am Post subject: new bank changes again?? |
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I went into Standard Chartered today to make an intl wire transfer, less than the 1,000,000 won that's allegedly the amount you can make w/o anyone marking your passport
they told me new policy requires a passport at ALL international wire transfers
AND
they asked if I'd like to designate that branch as where I'll be making my wire transfers - seems they had it on the computer as to each and every transfer I'd made and having made quite a few, yes, from different branches. I said sure why not, it will work out for now - and I have other bank accounts elsewhere if I need to use another location.
still, it seemed like yet another tightening of the screw on the foreigner 
and YES that's exactly the words they used:
'WHENEVER A FOREIGNER ....." after I hear that I rarely hear anything else I get so pissed
AND
they raised the fee it's now 15000 won;
AND
btw, if you want to make a transfer on the ATM to another bank in Korea, even tho there's English service on there, the domestic transfer is ONLY IN KOREAN. When asked about this, they just chuckle, "Oh yes it IS a problem tee hee."
korea SPUTTERING |
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articulate_ink
Joined: 23 Mar 2004
Location: Left Korea in 2008. Hong Kong now.
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| Posted: Fri Apr 25, 2008 7:35 am Post subject: |
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There's definitely something going on. I posted about issues related to money transfers, both internationally and within Korea, earlier today. Can you set up a remittance account to avoid the ridiculous passport stamps? That's what I've been using.
Sixty more days... |
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laogaiguk
Joined: 06 Dec 2005
Location: somewhere in Korea
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| Posted: Fri Apr 25, 2008 7:45 am Post subject: |
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Don't let them stamp your passport. They DO NOT have the right, it is Canadian/American/British/Whatever property and no lowly bank clerk can stamp it. I never let them after the first time they did it.
Also, I am leaving soon, and I had thought about keeping my money in Korea until the rate got better. But the way these idiots think, in no way will I leave it here because I have no idea if I will be able to get it later (even though I have an international card at the moment).
It's just so stupid, I don't get it. |
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CentralCali
Joined: 17 May 2007
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| Posted: Fri Apr 25, 2008 7:51 am Post subject: |
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SC are the scumsuckers who stamped the back page of my passport after I raised a major stink with them about wanting to stamp it on the visa pages. All of this to exchange won into dollars.
I demanded to see the law and/or policy they kept referring to. They couldn't produce it so they chilled out and I didn't notice until too late that they'd snuck the stamp in on the ammendments page.
My sole methodology whenever anyone says, "We can't ~ because you're a foreigner," is to demand in a polite, clear, but loud voice to see a printed law, printed policy, or printed regulation specifically stating that. When they don't produce it because it freaking doesn't exist--like moosehead, I get incredibly upset when they trot out those horse apples--I then demand, again in a clear and loud voice, why they lied to me. |
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moosehead
Joined: 05 May 2007
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| Posted: Fri Apr 25, 2008 3:09 pm Post subject: |
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| articulate_ink wrote: |
There's definitely something going on. I posted about issues related to money transfers, both internationally and within Korea, earlier today. Can you set up a remittance account to avoid the ridiculous passport stamps? That's what I've been using.
Sixty more days... |
please tell me more about this remittance account - what bank also? |
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CentralCali
Joined: 17 May 2007
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| Posted: Fri Apr 25, 2008 5:54 pm Post subject: |
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| dogbert wrote: |
| CentralCali wrote: |
SC are the scumsuckers who stamped the back page of my passport after I raised a major stink with them about wanting to stamp it on the visa pages. All of this to exchange won into dollars.
I demanded to see the law and/or policy they kept referring to. They couldn't produce it so they chilled out and I didn't notice until too late that they'd snuck the stamp in on the ammendments page.
My sole methodology whenever anyone says, "We can't ~ because you're a foreigner," is to demand in a polite, clear, but loud voice to see a printed law, printed policy, or printed regulation specifically stating that. When they don't produce it because it freaking doesn't exist--like moosehead, I get incredibly upset when they trot out those horse apples--I then demand, again in a clear and loud voice, why they lied to me. |
Too bad for you such a law does exist, fool. |
What's the law? Where does it establish a freaking BANK TELLER, an employee of a corporation, as an official of the government of the Republic of Korea? Where does it permit a freaking BANK TELLER to annotate the visa pages of my passport? Where does it state that it specifically applies to foreigners but Korean citizens do not have to have their passports annotated for the amount of currency they've changed? Why can the freaking BANK TELLER and the freaking BANK MANAGERS only come up with "It's our bank policy" as a response to why they wish to do that but cannot even present me with a printed policy? And if it's actually in the law, why don't they know that, why can't they produce the law?
Here's what's clearly printed in my United States passport on page four (I've added the bolding myself):
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| Only authorized officials of the United States or foreign countires, in connection with official matters, may place stamps or make statements, notations, or additions in this passport. |
So, you jerk, what are your answers and how is such a law, if it actually does exist, valid under the Constitution of the Republic of Korea? And, don't trot out that line of horse apples that the Korean Constitution doesn't apply to foreigners resident in Korea.
Last edited by CentralCali on Fri Apr 25, 2008 5:55 pm; edited 1 time in total |
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Bibbitybop
Joined: 22 Feb 2006
Location: Seoul
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| Posted: Fri Apr 25, 2008 5:55 pm Post subject: |
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| dogbert wrote: |
| CentralCali wrote: |
SC are the scumsuckers who stamped the back page of my passport after I raised a major stink with them about wanting to stamp it on the visa pages. All of this to exchange won into dollars.
I demanded to see the law and/or policy they kept referring to. They couldn't produce it so they chilled out and I didn't notice until too late that they'd snuck the stamp in on the ammendments page.
My sole methodology whenever anyone says, "We can't ~ because you're a foreigner," is to demand in a polite, clear, but loud voice to see a printed law, printed policy, or printed regulation specifically stating that. When they don't produce it because it freaking doesn't exist--like moosehead, I get incredibly upset when they trot out those horse apples--I then demand, again in a clear and loud voice, why they lied to me. |
Too bad for you such a law does exist, fool. |
What is the law? Why would a bank not show CC the law? |
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cangel
Joined: 19 Jun 2003
Location: Jeonju, S. Korea
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| Posted: Fri Apr 25, 2008 5:56 pm Post subject: |
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| May 2007 I signed up for online remittance using Woori Bank. They required me to submit my pay stubs (I only had 3) and receiving bank information. I have been remitting money through Woori Bank for a year now and have had zero problems, even when transferring more than W1,000,000. You can also set it up to remit online. This being said, I am waiting for the day when I go in to remit my money only to have it rejected... My day is coming... I can feel it... |
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ellegarden
Joined: 01 Sep 2007
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| Posted: Fri Apr 25, 2008 6:28 pm Post subject: |
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| CentralCali wrote: |
| dogbert wrote: |
| CentralCali wrote: |
SC are the scumsuckers who stamped the back page of my passport after I raised a major stink with them about wanting to stamp it on the visa pages. All of this to exchange won into dollars.
I demanded to see the law and/or policy they kept referring to. They couldn't produce it so they chilled out and I didn't notice until too late that they'd snuck the stamp in on the ammendments page.
My sole methodology whenever anyone says, "We can't ~ because you're a foreigner," is to demand in a polite, clear, but loud voice to see a printed law, printed policy, or printed regulation specifically stating that. When they don't produce it because it freaking doesn't exist--like moosehead, I get incredibly upset when they trot out those horse apples--I then demand, again in a clear and loud voice, why they lied to me. |
Too bad for you such a law does exist, fool. |
What's the law? Where does it establish a freaking BANK TELLER, an employee of a corporation, as an official of the government of the Republic of Korea? Where does it permit a freaking BANK TELLER to annotate the visa pages of my passport? Where does it state that it specifically applies to foreigners but Korean citizens do not have to have their passports annotated for the amount of currency they've changed? Why can the freaking BANK TELLER and the freaking BANK MANAGERS only come up with "It's our bank policy" as a response to why they wish to do that but cannot even present me with a printed policy? And if it's actually in the law, why don't they know that, why can't they produce the law?
Here's what's clearly printed in my United States passport on page four (I've added the bolding myself):
| Quote: |
| Only authorized officials of the United States or foreign countires, in connection with official matters, may place stamps or make statements, notations, or additions in this passport. |
So, you jerk, what are your answers and how is such a law, if it actually does exist, valid under the Constitution of the Republic of Korea? And, don't trot out that line of horse apples that the Korean Constitution doesn't apply to foreigners resident in Korea. |
Please define authorized officials and official matters. |
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CentralCali
Joined: 17 May 2007
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| Posted: Fri Apr 25, 2008 6:34 pm Post subject: |
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| ellegarden wrote: |
| Please define authorized officials and official matters. |
Only the incredibly obtuse would even dream that an employee of a private firm, one without police powers such as an Immigration Officer would have, is an official of a government. Similarly, official matters, as it relates to the use of a passport should also be quite clear: Identification information (such as a change in name or a change), visa type or change of Immigration status, and DNR stamps for example.
The passport is not now, never has been, and never will be, the property of one's employer nor of the Korean government (unless, of course, it happens to be a Korean passport). It certainly isn't the property of a firm with which one is conducting a legitimate business transaction.
But, hey, roll over and wag your tail when you get restrictive treatment by your masters here. I don't care that much for you. For me, I shall voice my opinion about unlawful and discriminatory treatment. |
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articulate_ink
Joined: 23 Mar 2004
Location: Left Korea in 2008. Hong Kong now.
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| Posted: Fri Apr 25, 2008 6:35 pm Post subject: |
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| moosehead wrote: |
| articulate_ink wrote: |
There's definitely something going on. I posted about issues related to money transfers, both internationally and within Korea, earlier today. Can you set up a remittance account to avoid the ridiculous passport stamps? That's what I've been using.
Sixty more days... |
please tell me more about this remittance account - what bank also? |
I set up the account at KEB a few months ago. When funds are deposited into it, they are automatically wired to my offshore account (or held until the start of the next business day). I didn't want to deal with the inconsistency and random 'You're a foreigner so you can't ~' bad surprises from tellers. To open the account, I needed to show the usual stuff (passport, ARC, etc) plus the account information from the foreign bank. I've never been able to sort out KEB's online banking but the transfers are easy to make via ATM. |
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ellegarden
Joined: 01 Sep 2007
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| Posted: Fri Apr 25, 2008 6:43 pm Post subject: |
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| CentralCali wrote: |
| ellegarden wrote: |
| Please define authorized officials and official matters. |
Only the incredibly obtuse would even dream that an employee of a private firm, one without police powers such as an Immigration Officer would have, is an official of a government. Similarly, official matters, as it relates to the use of a passport should also be quite clear: Identification information (such as a change in name or a change), visa type or change of Immigration status, and DNR stamps for example.
The passport is not now, never has been, and never will be, the property of one's employer nor of the Korean government (unless, of course, it happens to be a Korean passport). It certainly isn't the property of a firm with which one is conducting a legitimate business transaction.
But, hey, roll over and wag your tail when you get restrictive treatment by your masters here. I don't care that much for you. For me, I shall voice my opinion about unlawful and discriminatory treatment. |
So we are allowed to transfer an unlimited amount of money across borders? How do they keep track of it otherwise? |
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CentralCali
Joined: 17 May 2007
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| Posted: Fri Apr 25, 2008 7:19 pm Post subject: |
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| ellegarden wrote: |
| So we are allowed to transfer an unlimited amount of money across borders? How do they keep track of it otherwise? |
What kind of logic are you using to come up with that from what I posted? |
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Savant
Joined: 25 May 2007
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| Posted: Fri Apr 25, 2008 7:53 pm Post subject: |
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Yesterday, I opened a KEB deposit and overseas remittance account with the help of my Korean Girlfriend. Process was relatively smooth.
There was a male floor assistant who directed us to where we wanted to be and he explained to the teller what we required.
Opening the deposit account was quick, around 15-20 minutes. Needed my ARC, Passport and the name/location of my School. Got a Korean Visa Check Card and Bankbook from them. The International ATM card was a no-go area and I didn't want to fight that battle with them then. My UK card is good enough if I need to withdraw money outside of Korea (better rates too).
Opening an overseas remittance account took around 1 hour as the female bank teller had no previous experience setting one up for a foreigner, so she went through the "how to..." manual slowly. Luckily, my girlfriend was on hand as the teller told her she could never had done it without her Korean/English translation. I appreciated her honesty.
If you give them any wrong information for your foreign account then they hit you with a small fee. For wasting their time, I suppose.
The bank teller apologised that the process took so long and we received a free KEB bag of ramen.
As my girlfriend and I were leaving I remembered I forgot to set-up internet banking so my girlfriend asked the floor assistant about it. He recommended not to do it due to the recent online hacking activities. So, I passed up on opening internet banking since the bank couldn't reassure me as to their own security safeguards. |
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CentralCali
Joined: 17 May 2007
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| Posted: Fri Apr 25, 2008 8:48 pm Post subject: |
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Out of idle curiosity...so how do the banks that provide us foreigners online wire transfer services manage to stamp our passports for each and every transfer overseas?
That's right. They don't! And why is it that they don't? Could it be because they don't have to? And could the reason they don't have to be because there's actually no policy nor even a valid law requiring that? |
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