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Bank account without ARC

 
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Css



Joined: 27 Sep 2004
Location: South of the river

PostPosted: Fri Dec 12, 2008 8:45 am    Post subject: Bank account without ARC Reply with quote

Do any banks allow you to open accounts without an ARC?

My friend is coming over to study but on a tourist visa to start with. Can she open a bank account with just her passport?
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crossmr



Joined: 22 Nov 2008
Location: Hwayangdong, Seoul

PostPosted: Fri Dec 12, 2008 9:03 am    Post subject: Reply with quote

When I did that I had to have a korean sign as a reference.
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blackjack



Joined: 04 Jan 2006
Location: anyang

PostPosted: Fri Dec 12, 2008 5:26 pm    Post subject: Reply with quote

If she has any problems walk up the street to the next bank
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Css



Joined: 27 Sep 2004
Location: South of the river

PostPosted: Sun Dec 14, 2008 4:37 am    Post subject: Reply with quote

blackjack wrote:
If she has any problems walk up the street to the next bank


how many will she have to go to do yu reckon?
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verve



Joined: 02 Nov 2008

PostPosted: Sun Dec 14, 2008 5:09 am    Post subject: Reply with quote

Woori Bank did it for me, second day in Korea.

My boss was with me though, you may need a Korean reference. Phone the English Woori help line and ask.
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milspecs



Joined: 19 Jun 2008

PostPosted: Sun Dec 14, 2008 6:51 am    Post subject: Reply with quote

I tried to get one at KB, the lady said to come back when I get my ARC

Sad
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BrianInSuwon



Joined: 10 Jan 2006
Location: Korea

PostPosted: Mon Dec 15, 2008 4:17 pm    Post subject: Reply with quote

I got one at Citibank. You just need to have a passport to open the account. If you want to get an ATM card you will need to provide a Korean contact name and phone number.
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Css



Joined: 27 Sep 2004
Location: South of the river

PostPosted: Mon Dec 15, 2008 8:50 pm    Post subject: Reply with quote

BrianInSuwon wrote:
I got one at Citibank. You just need to have a passport to open the account. If you want to get an ATM card you will need to provide a Korean contact name and phone number.


Did you just get a bankbook then? Can you withdraw money at the ATM with that? Or at the counter?
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Goku



Joined: 10 Dec 2008

PostPosted: Mon Dec 15, 2008 10:38 pm    Post subject: Reply with quote

BrianInSuwon wrote:
I got one at Citibank. You just need to have a passport to open the account. If you want to get an ATM card you will need to provide a Korean contact name and phone number.


Yeah you can do it with your passport. But there are limits to things she can do. For example, you cannot get a phone with a passport made bank account. It has to be an ARC bank account.
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BrianInSuwon



Joined: 10 Jan 2006
Location: Korea

PostPosted: Mon Dec 15, 2008 11:00 pm    Post subject: Reply with quote

I'm not sure. I just gave her the name and number of my recruiter or a co.teacher and she gave me the ATM card. I only made the account so I could get my airfare reimbursed early. After I got my ARC I made an account at KB bank.
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Goku



Joined: 10 Dec 2008

PostPosted: Mon Dec 15, 2008 11:04 pm    Post subject: Reply with quote

BrianInSuwon wrote:
I'm not sure. I just gave her the name and number of my recruiter or a co.teacher and she gave me the ATM card. I only made the account so I could get my airfare reimbursed early. After I got my ARC I made an account at KB bank.


Yep works fine for money deposits into the account.

The only hassles I had were when i needed to verify anything using my account such as the phone. Oh and if you want to set up an automatic pay system, you need to have an ARC made account.
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