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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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 Posted: Thu May 22, 2008 10:19 pm Post subject: A(nother) Banking Misadventure Story |
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On August 28, 2006 I went to my bank and withdrew a pile of money for a visa run to Guam and since I planned to enjoy myself while there, I took several million Won extra in the form of travelers checks in US dollars. I enjoyed my trip, came back and started a truly lousy job and didn't get around to re-depositing my money. A few months later I changed jobs again and sometime in all the turmoil, forgot all about the travelers checks.
The other day I was going through some of the accumulated clutter and made a pile of trash for the maid to throw out. When I came home today she pointed out that there was money in one of the envelopes.  Hurray for Filipina maids 
So today I went to the bank, same bank, different branch and asked to deposit the travelers checks. To my surprise, they said they had to mail the checks to the US to verify they are 'true' and I'd have to wait 2 weeks before the money can be deposited. (At first they said it would take a month.)
Yes, a bank cannot deposit money from one branch in another branch if the money has been converted out of Won.
I don't really mind, but I had to wonder how I would have felt if this were some emergency. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Fri May 23, 2008 12:51 am Post subject: |
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Ah... the benefits of Korean T/Cs....
And folks from home still think they are better than cash....
DUH>...... |
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ursus_rex
Joined: 20 Mar 2004
Location: Seoul, ROK
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| Posted: Fri May 23, 2008 8:30 am Post subject: |
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| I assume you gave the maid a reward. |
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