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kiwiluvesyew
Joined: 29 Apr 2008
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 Posted: Sat May 17, 2008 4:23 pm Post subject: Moving USD Money Home From S Korea |
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How much is the charge on moving S Korean money home to United States? If it varies by bank, what is the average for you? What problems have you experienced from this?
Any help would be appreciated. |
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rsmm0224
Joined: 06 Feb 2008
Location: Changwon
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| Posted: Sat May 17, 2008 5:02 pm Post subject: |
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| Usually the Korean bank charges me like 10 or 15 dollars and then my credit union charges like 10 bucks. Mostly just because they can since its all done electronically, including the conversion. But oh well. |
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nolegirl
Joined: 17 Apr 2008
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| Posted: Sun May 18, 2008 10:02 am Post subject: |
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| I am not there yet... but my bank (Suntrust) said Intl wires are $30 to recieve. Not sure what the Korean bank will charge |
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PRagic
Joined: 24 Feb 2006
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| Posted: Sun May 18, 2008 1:27 pm Post subject: |
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| Get a bank draft made out to someone who can deposit in your account, and mail it back. Think the cost is 5 thousand won. You can also make it out to yourself, then endorse it 'Deposit Only', and then mail it back to someone who can deposit it for you. |
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cedarseoul
Joined: 16 Feb 2008
Location: nowon-gu
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| Posted: Sun May 18, 2008 4:31 pm Post subject: |
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| nolegirl wrote: |
| I am not there yet... but my bank (Suntrust) said Intl wires are $30 to recieve. Not sure what the Korean bank will charge |
You might consider opening a second bank account to use for wire purposes, if you elect to move money by wire at all. $30 seems rather high; my bank only charges $10 to receive, and some charge less than that. |
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