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chrisassd
Joined: 04 Apr 2010
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 Posted: Mon May 24, 2010 9:14 am Post subject: Currency Restictions? |
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Is there a restriction on taking won in and out of the country?
I tried to order some at a UK Post Office today and was told curtly 'we don't deal in won, there are restrictions in place, take dollars instead'.
I've not heard anything about this, the post office website says the same. I then went to a travel agent and ordered won with no problem.
Anyone know anything about this? |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Mon May 24, 2010 10:06 am Post subject: Re: Currency Restictions? |
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| chrisassd wrote: |
Is there a restriction on taking won in and out of the country?
I tried to order some at a UK Post Office today and was told curtly 'we don't deal in won, there are restrictions in place, take dollars instead'.
I've not heard anything about this, the post office website says the same. I then went to a travel agent and ordered won with no problem.
Anyone know anything about this? |
There are no currency restrictions BUT the won is not a regularly traded, international currency so most places CAN'T get it or are not willing to get it AND you pay dearly for the privilege when they do.
IF you are coming to Korea, bring British Pounds (nice, new, crisp notes) and exchange them at the INCHEON airport (not your airport at home).
This will give you be the best CASH rate available.
The same is true if you want to take won out of Korea. You get the best exchange rates on either a bank wire or cash exchange IN KOREA.
(Not sure where you are coming from but do NOT bring Scottish pounds. You can't convert them here.)
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PigeonFart
Joined: 27 Apr 2006
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| Posted: Mon May 24, 2010 10:17 am Post subject: |
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Hey pal. I'll think you'll find that Scottish notes are legal tender!
Macintyre Comedy sketch about Scotts defending their legal tender...
http://www.youtube.com/watch?v=kj9O2DWpU8o&feature=related
But i'd agree with you, best to bring English notes just incase. Best to err on the side of caution. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Mon May 24, 2010 12:15 pm Post subject: |
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| PigeonFart wrote: |
Hey pal. I'll think you'll find that Scottish notes are legal tender!
Macintyre Comedy sketch about Scotts defending their legal tender...
http://www.youtube.com/watch?v=kj9O2DWpU8o&feature=related
But i'd agree with you, best to bring English notes just incase. Best to err on the side of caution. |
They may be legal tender in the UK but over here they are just colored paper and no bank around will touch them (experience talking).
Bring British notes if you want to exchange them.
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morrisonhotel
Joined: 18 Jul 2009
Location: Gyeonggi-do
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| Posted: Mon May 24, 2010 2:55 pm Post subject: |
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| ttompatz wrote: |
| PigeonFart wrote: |
Hey pal. I'll think you'll find that Scottish notes are legal tender!
Macintyre Comedy sketch about Scotts defending their legal tender...
http://www.youtube.com/watch?v=kj9O2DWpU8o&feature=related
But i'd agree with you, best to bring English notes just incase. Best to err on the side of caution. |
They may be legal tender in the UK but over here they are just colored paper and no bank around will touch them (experience talking). |
+1. I got told they were old notes at the airport so they couldn't change them. Just had to send 100 quid home via the post so that I can actually use it. |
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