Korean Job Discussion Forums

[crianp]

Hi everyone, I am leaving for a 1 week vacation from Korea to Taiwan in a week and would like to buy about 800,000 WON worth of TWD. I went to my local KB Star who told me they don't sell Taiwanese Dollars. A friend of my recommended going to KEB... do you think KEB would sell Taiwanese Dollars. The reason I am not doing this at the airport is that the Forex places usually charge a fair amount in commission. Any suggestions.

[D.D.]

Buy American with your won and exchange that in Taiwan.

[crianp]

The problem with that is you get doubly taken by converting twice. E.G: you get taken by the strong dollar (commission) and then you have to pay commission again when you change to TWD.

[D.D.]

Try taking Korean money to Taiwan and exchanging it. That will make the conversion twice thing not look so bad.

When I was recently in the Philippines the Korean won was 20 to the peso and the U.S. dollar was 47.

So the won was less than 50% compared to the U.S. as nobody wants to buy it.

Glad I brought U.S dollars with me even though a double exchange does suck.

[Misera]

Pretty sure KEB can..

http://www.keb.co.kr/IBS/nebanking/en/fx/fx/ca_100.jsp?vcode=18000000000000&scode=18010100000000

(use IE)

they also have a 10% off foreign exchange charges for TWD if you print the coupon off their website. It's on the right column.

"U.S. $, Japanese Yen, Euro, Chinese Yuan - foreign exchange charges 30% OFF
Other Currencies - foreign exchange charges 10% OFF "