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Which are the best banks to use in South Korea?

 
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1497



Joined: 09 Feb 2010

PostPosted: Tue Feb 16, 2010 8:55 am    Post subject: Which are the best banks to use in South Korea? Reply with quote

I've heard that some banks charge you more to transfer money into your account in the States, and that some put restrictions on how much you can send. Does anyone know which ones are less restrictive and charge less for transfers? I'll be in the suburbs of Seoul, if that matters.
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OculisOrbis



Joined: 17 Jul 2006

PostPosted: Tue Feb 16, 2010 9:22 am    Post subject: Reply with quote

KEB is the most willing and oriented to serve foreigners. There aren't a lot of branchesoutsidethe major centers, but you go once and set up a wire transfer account, a global debit card and internet banking and then you basically never need to walk into a branch for the rest of your stay in korea.
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Cerberus



Joined: 29 Oct 2009

PostPosted: Tue Feb 16, 2010 9:31 am    Post subject: Reply with quote

OculisOrbis wrote:
KEB is the most willing and oriented to serve foreigners. There aren't a lot of branchesoutsidethe major centers, but you go once and set up a wire transfer account, a global debit card and internet banking and then you basically never need to walk into a branch for the rest of your stay in korea.


+1.

KEB - accept no substitute.

if you ever have any problem(s) with your account you call a help center with helpful and english speaking customer service reps.

you bank elsewhere at your own risk.
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OiGirl



Joined: 23 Jan 2003
Location: Hoke-y-gun

PostPosted: Tue Feb 16, 2010 10:17 am    Post subject: Reply with quote

KEB has been wonderful to me for everything except opening a joint account with my husband. If they could/would do that, they would be the best Korean bank in my opinion.
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