Korean Job Discussion Forums

[Sir John Hawkins]

I am thinking no....but, if they will, it would make things convenient for me.

[lsrupert]

I bank with KB and was told several years ago that there is a 15,000 won charge to cash a check. I suppose if it's a large check, it would be worth it. As it is, I just have my family deposit money into my American account for me.

[Louie]

I was doing a part-time job in Gangnam a four years back and the guy was going bankrupt....The bank was removing furniture the last day I was working there.
Well, I got word that the wangjang was planning on moving to Canada the next day and told the Korean teachers not to show up for work (apparently, I was not told and went there), when I got there, he was on the verge of packing his things.
I asked him about my pay and he pulled out a checkbook from a Canadian bank and started to write it out to me.
I demanded to be paid in cash or else I would go to the tax office and tip them off that he was about to make a run for it (and tip them that he had hired a foreigner without filing the proper tax forms, which would've landed him in jail for 6 months and he would've been fined 20 million won)....neither he nor I would budge on the issue until I called my friend in front of him for the address to the main Gangnam tax office and I started breaking things around the office.
That was when he agreed to pay me. We went down to the nearest bank where he withdrew the amount he owed me and he ran away.....

From what I know, no bank in Korea would accept a check drawn out from a person overseas account.
NEVER take a check unless it is the valid 100,000/1,000,000 won check issued by the BoK

[Mr-Dokdo]

[Louie]

[Milwaukiedave]

My guess is it's possible, but I wouldn't do it. Anytime I get a check, I endorse it for deposit only and wrap it in a piece of white paper and mail it to my bank back home(the white paper is so that it can't be seen through the envelope). Usually the funds are there within 2 weeks, most of the time sooner.

[Sir John Hawkins]

[pkang0202]

The banks will cash the check, but it will take 3-4 weeks for it to clear.

So, you won't be able to get the money right away.

[Louie]

Thanks for the clarification.....it SHOULD take no more than 3-6 weeks.
Have fun spending your winnings

[ChinaBoy]

Hmm.. I guess I'll try the same things.. win at poker and then can't get the freaking money!