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Captain Bad
Joined: 24 Mar 2008
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Posted: Tue May 26, 2009 2:07 pm Post subject: What's The Limit of Moving Money in Korea? |
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Is there a limit on how much money you can transfer to another Korean bank account from your account? I have an account with KB and I'm wondering if they'll lock me out if I try to transfer a few million won to another Korean bank account if I use an ATM machine. |
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sojukettle
Joined: 23 Aug 2005 Location: Not there, HERE!
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Posted: Tue May 26, 2009 2:42 pm Post subject: |
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There is a daily limit of around 50 - 60m krw, but generally the machines themselves have a 'per transfer' limit of around 6 -7m krw, so if you want to transfer more you simply need to do multiple transfers.
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diver
Joined: 16 Jun 2003
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Posted: Tue May 26, 2009 4:01 pm Post subject: |
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When you opened your account, they asked you what you would like to set your daily limit at. That will be how much you can move. |
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