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Cashing out... pension, rental deposit, tax records, etc.?

 
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chaz47



Joined: 11 Sep 2003

PostPosted: Wed Feb 10, 2010 11:41 pm    Post subject: Cashing out... pension, rental deposit, tax records, etc.? Reply with quote

I'm 90% certain I'll be leaving Korea at the end of the month. I'm trying to get my affairs in order now.

I've been trying to get my Woori account set to "international" so that my pension can be deposited there when I exit. Unfortunately they've tried twice and failed. They've also given me email addresses which they never check but are supposed to be my access to them from abroad. I'm not very confident in this bank at the moment.

I've heard decent things about KEB but I don't want to mess about and open a new bank account 2 to 3 weeks before I leave. Supposedly I can access my funds in Korea via internet banking at Woori from the US.... supposedly. Again, they've bungled two attempts to give me an "international" debit card and can't be bothered to reply to emails.

Getting your pension sent home is fairly straightforward though, isn't it? Show your ticket at the pension office and give them a copy of your US bank's account number?

What about my severance pay and flight reimbursement though?

How about my rental deposit? That's $5,000 I really want to get back and I doubt that they are going to hand it over until they find someone to occupy my apartment.

I'm really feeling a mounting frustration with this. Why can't I have an international account that all of my due salary, pension and rental deposit can go into which I can easily access from the US? Will KEB do this? Woori has told me that my "international" status (which has yet to work) is only valid for 6 months.

I hate to say it but I also have little faith in the US economy (as well as outstanding student debt) which concerns me and is another strong reason for wanting an international account.

Thanks for attempting to decipher this. Any help is much appreciated.
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