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cedarseoul
Joined: 16 Feb 2008
Location: nowon-gu
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 Posted: Mon Feb 16, 2009 5:16 pm Post subject: Anyone know when the BoK will release the 50K won note? |
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And will it be a wide release, or will it take time to trickle down to the retail banks?
I'm tired of stuffing my wallet with man won.  |
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VanIslander
Joined: 18 Aug 2003
Location: Geoje, Hadong, Tongyeong,... now in a small coastal island town outside Gyeongsangnamdo!
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| Posted: Mon Feb 16, 2009 5:31 pm Post subject: |
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personally I see limited use for it: norebangs, barber shop poles and coffee shops
man won is enough for most purchases in this country, with a credit card for the once a week purchases that goes in the hundred thou or more range
if i carried 50 thousand won bills around i'd end up with more bills in hand from all the change i'd keep getting back from purchases! |
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JungMin
Joined: 18 May 2005
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| Posted: Mon Feb 16, 2009 5:38 pm Post subject: |
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| Check/Debit cards are the way to go. It costs nothing to use them and I've yet to find a place that doesn't accept them. |
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Njord
Joined: 12 Jan 2006
Location: South Korea
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| Posted: Mon Feb 16, 2009 5:43 pm Post subject: |
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| It's supposed to be issued in May or June. I, for one, am not looking forward to it. My guess is that many people will refuse to accept it, or give you a hard time if you try to spend it. |
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crossmr
Joined: 22 Nov 2008
Location: Hwayangdong, Seoul
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| Posted: Mon Feb 16, 2009 5:54 pm Post subject: |
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| Quote: |
| personally I see limited use for it: norebangs, barber shop poles and coffee shops |
groceries, clothes, electronics, group meals, etc.etc..
basically anywhere you might spend close to or over 50,000W.
| Quote: |
| Check/Debit cards are the way to go. It costs nothing to use them and I've yet to find a place that doesn't accept them. |
roadside vendor? Not that you should need 50,000W for them..but still.. |
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Straphanger
Joined: 09 Oct 2008
Location: Chilgok, Korea
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| Posted: Mon Feb 16, 2009 5:56 pm Post subject: |
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| crossmr wrote: |
| Quote: |
| personally I see limited use for it: norebangs, barber shop poles and coffee shops |
groceries, clothes, electronics, group meals, etc.etc..
basically anywhere you might spend close to or over 50,000W.
| Quote: |
| Check/Debit cards are the way to go. It costs nothing to use them and I've yet to find a place that doesn't accept them. |
roadside vendor? Not that you should need 50,000W for them..but still.. |
That's what he just said.
If you're going for groceries, clothes, electronics, or group meals, use your debit card.
If you're going to alley markets, use cash (they wouldn't take a 50,000W note anyhow).
So...there ya go. |
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crossmr
Joined: 22 Nov 2008
Location: Hwayangdong, Seoul
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| Posted: Mon Feb 16, 2009 6:04 pm Post subject: |
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| Quote: |
| That's what he just said. |
No, he listed 3 places he thought it would be useful. Why would they be useful at those places and not any of the others? You can just as easily use a card at the coffee shop.
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| If you're going for groceries, clothes, electronics, or group meals, use your debit card. |
Except yongsan and technomart and lots of other places give discounts if you pay cash. I'd rather pay 800,000W in 16 bills instead of 80. |
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Xuanzang
Joined: 10 Apr 2007
Location: Sadang
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| Posted: Mon Feb 16, 2009 6:06 pm Post subject: |
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| i think a 20,000 bill would be more useful. Useful for dinners, groceries, paydays, etc. |
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Bryan
Joined: 29 Oct 2007
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| Posted: Mon Feb 16, 2009 8:44 pm Post subject: |
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| Straphanger wrote: |
If you're going for groceries, clothes, electronics, or group meals, use your debit card.
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Not everyone is able to get a debit card, too. |
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