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maymicrosoftburn
Joined: 03 Jul 2008
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Posted: Tue Aug 11, 2009 5:20 am Post subject: BANK CHECK as a way of remitting money |
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Another teacher suggested that I use a certified bank check to send money back home.
Cost = approx. W15,000
(plus, you might dodge your bank's incoming funds fees)
Where can I get a bank check like this?
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iammac2002
Joined: 12 Jun 2009 Location: 'n Beter plek.
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Posted: Tue Aug 11, 2009 7:27 am Post subject: |
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You can get cheques at the ATM, instead of money, if that's what you're talking about. |
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maymicrosoftburn
Joined: 03 Jul 2008
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Posted: Tue Aug 11, 2009 7:39 am Post subject: |
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...and a check like that, from the ATM, is accepted by foreign banks for deposit?
(also: any chance that you can get a bank check without having an account?) |
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ttompatz

Joined: 05 Sep 2005 Location: Kwangju, South Korea
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Posted: Tue Aug 11, 2009 8:56 am Post subject: |
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maymicrosoftburn wrote: |
...and a check like that, from the ATM, is accepted by foreign banks for deposit?
(also: any chance that you can get a bank check without having an account?) |
No, a check like that is NOT accepted outside of Korea.
What you are looking for is a:
Cashiers check, money order, bank draft (same thing - just different names).
They are available at the foreign exchange desk in any bank.
The charges run from 5000 - 15000 won (depending on the bank, value of the check (simple money orders are limited to $1500 but a cashiers check can be up to about a million) and the currency you are sending (won, US$, CAD, AUD, NZD, Pounds, etc).
You do NOT need a bank account to get one. You DO need your passport. |
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