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bradshaw
Joined: 13 Feb 2007
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 Posted: Sat Jun 14, 2008 10:11 pm Post subject: fees for wiring money home |
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| i have accounts with both shinhan bank and KB. does anyone know how much wiring fees are at either bank? is one better than the other? many thanks. |
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tzechuk
Joined: 20 Dec 2004
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| Posted: Sat Jun 14, 2008 10:17 pm Post subject: |
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| Use internet banking. They should charge only 5,000 won.. |
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bradshaw
Joined: 13 Feb 2007
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| Posted: Sat Jun 14, 2008 10:57 pm Post subject: |
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| internet banking, really? which bank has internet banking? is it english-friendly? |
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tzechuk
Joined: 20 Dec 2004
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| Posted: Sun Jun 15, 2008 2:20 am Post subject: |
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| bradshaw wrote: |
| internet banking, really? which bank has internet banking? is it english-friendly? |
Every single bank has internet banking and they all have an English version but I don't know what you mean by *friendly*... |
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nomad-ish
Joined: 08 Oct 2007
Location: On the bottom of the food chain
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| Posted: Sun Jun 15, 2008 6:55 am Post subject: |
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| tzechuk wrote: |
| bradshaw wrote: |
| internet banking, really? which bank has internet banking? is it english-friendly? |
Every single bank has internet banking and they all have an English version but I don't know what you mean by *friendly*... |
KEB does?? i asked about this at my bank a few months ago and was told it was all in korean. are you sure? |
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tzechuk
Joined: 20 Dec 2004
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| Posted: Sun Jun 15, 2008 8:04 am Post subject: |
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| nomad-ish wrote: |
| tzechuk wrote: |
| bradshaw wrote: |
| internet banking, really? which bank has internet banking? is it english-friendly? |
Every single bank has internet banking and they all have an English version but I don't know what you mean by *friendly*... |
KEB does?? i asked about this at my bank a few months ago and was told it was all in korean. are you sure? |
Unless things have changed since January (which was when I closed my account because they were not readily flexible), they have English internet banking.
Here's a link to their internet banking: http://www.keb.co.kr/IBS/nebanking/en/pb/index.jsp?vcode=07000000000000 |
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yingwenlaoshi
Joined: 12 Feb 2007
Location: ... location, location!
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| Posted: Sun Jun 15, 2008 8:56 am Post subject: |
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Yeah. Why does it always cost me about 50 bucks to send money? That's ridiculous. Is there really a difference if you do it onlline? I'll have to ask my bank because I have to do a wire transfer soon.
I'm pretty sure it cost goes up as the amount goes up. That's BS, though.
I deal with Shinhan. I think the last time I wired money, it cost close to 50,000 Won. I sent 2,000 CAD. The recruiter for my new job wired money to my sister's acccount to pay for my criminal certificate to be processed and the amount was very small. |
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wings
Joined: 09 Nov 2006
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| Posted: Sun Jun 15, 2008 4:49 pm Post subject: |
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| Hana bank charges 19.500 won, I've never sent more than 5 million won at a time, but the fee has always been the same regardless of how much I send |
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yingwenlaoshi
Joined: 12 Feb 2007
Location: ... location, location!
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| Posted: Sun Jun 15, 2008 9:28 pm Post subject: |
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| wings wrote: |
| Hana bank charges 19.500 won, I've never sent more than 5 million won at a time, but the fee has always been the same regardless of how much I send |
Strangee. Wonder why Shinhan was charging me so much. That is, of course, counting what the Canadian bank charges. There must be something wrong with how they charged me. I still have the receipts (or whatever they are) at home. I'll break it down on this thread later on. I'll go into the bank to ask, too.
Hmm.
Seems there were 2 or 3 charges... |
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wings
Joined: 09 Nov 2006
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| Posted: Sun Jun 15, 2008 10:49 pm Post subject: |
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| My bank in Canada takes off 10$ to get the money, if you have extra charges then it means that your money is being sent to your canadian bank via a third bank, who also takes their chunk. |
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RonBrown
Joined: 11 Feb 2008
Location: Toronto
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| Posted: Sat Jun 21, 2008 6:45 am Post subject: |
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So, in summary, what would the cheapest way to wire money to Canada be?
Any info would be much appreciated! |
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icicle
Joined: 09 Feb 2007
Location: Gyeonggi do Korea
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| Posted: Sat Jun 21, 2008 8:35 am Post subject: |
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| yingwenlaoshi wrote: |
Yeah. Why does it always cost me about 50 bucks to send money? That's ridiculous. Is there really a difference if you do it onlline? I'll have to ask my bank because I have to do a wire transfer soon.
I'm pretty sure it cost goes up as the amount goes up. That's BS, though.
I deal with Shinhan. I think the last time I wired money, it cost close to 50,000 Won. I sent 2,000 CAD. The recruiter for my new job wired money to my sister's acccount to pay for my criminal certificate to be processed and the amount was very small. |
I bank with Shinhan and only paid 18,000 won a couple of weeks ago to transfer 1 million won overseas - so I would be interested to know what your 50,000 was specifically made up of. I used to pay a similar amount last year to transfer money back at a different bank. I was also very happy (because it was my first time at a new bank) when the money was in my home bank account the next day - a couple of days faster than I expected. |
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