View previous topic :: View next topic |
Author |
Message |
Clinton
Joined: 21 Jun 2009
|
Posted: Sun Apr 10, 2011 3:48 am Post subject: Banks That Only Require Passport? |
|
|
I just read a couple sites, and both mentioned that it's possible to open a bank account without an ARC. Only a passport.
Anyone know which banks they are talking about? |
|
Back to top |
|
 |
derp
Joined: 19 Oct 2010
|
Posted: Sun Apr 10, 2011 4:03 am Post subject: |
|
|
KEB |
|
Back to top |
|
 |
SeoulESLteacher09
Joined: 29 Mar 2009 Location: South Carolina
|
Posted: Sun Apr 10, 2011 4:10 am Post subject: |
|
|
what about KB?
Last edited by SeoulESLteacher09 on Sun Mar 16, 2014 6:37 pm; edited 1 time in total |
|
Back to top |
|
 |
otnemem
Joined: 23 Jul 2009
|
Posted: Sun Apr 10, 2011 5:28 am Post subject: |
|
|
I just opened an account at Woori with only a passport. |
|
Back to top |
|
 |
Clinton
Joined: 21 Jun 2009
|
Posted: Sun Apr 10, 2011 6:29 am Post subject: |
|
|
Thank you everyone. It amazes me how resourceful and helpful this forum is. |
|
Back to top |
|
 |
Sticks
Joined: 13 Mar 2011 Location: Seoul, Korea
|
Posted: Sun Apr 10, 2011 8:13 am Post subject: |
|
|
afaik you can open just a simple cash-card withdrawals only account with just a passport. The teller's will tell you to go away only because it's a hassle to do it with just the passport and not an ARC.
Find a bank of your choice and keep bugging them. |
|
Back to top |
|
 |
lithium

Joined: 18 Jun 2008
|
Posted: Mon Apr 11, 2011 5:48 am Post subject: |
|
|
SeoulESLteacher09 wrote: |
what about KB?
I dont want to open a new account since I already have one but my school is forcing me to use KB |
You need an ARC at KB Bank. At least you did when I opened my account. |
|
Back to top |
|
 |
ThingsComeAround

Joined: 07 Nov 2008
|
Posted: Mon Apr 11, 2011 3:49 pm Post subject: |
|
|
lithium wrote: |
You need an ARC at KB Bank. At least you did when I opened my account. |
Not true. I used a passport to open an account there before having an ARC |
|
Back to top |
|
 |
richardlang
Joined: 21 Jan 2007 Location: Gangnam
|
Posted: Mon Apr 11, 2011 4:29 pm Post subject: |
|
|
You can sign up at Nonghyup Bank with just a passport. I did this last week. |
|
Back to top |
|
 |
fullcollapseCA
Joined: 03 Aug 2010 Location: Cheongju-@ a Hagwon
|
Posted: Sat Apr 16, 2011 7:06 am Post subject: |
|
|
I opened my account at Shinhan Bank with my US passport. But they may have made an exception for me because I'm a Korean American. Worth a shot? |
|
Back to top |
|
 |
winterfall
Joined: 21 May 2009
|
Posted: Sat Apr 16, 2011 7:25 pm Post subject: |
|
|
Yup all you need is a passport to open an account with most banks: KEB, Shinhan, KB, Woori, etc. BUT you can only get an atm card. They won't give you a debit card (Cause you can do installment payments) unless you can show them an ARC.
Banks don't make debit cards, they get them from credit card companies. And Credit card companies won't give you a debit card unless you have an alien card or someone with a Korean id to co-sign with you. |
|
Back to top |
|
 |
Css
Joined: 27 Sep 2004 Location: South of the river
|
Posted: Sat Apr 16, 2011 11:37 pm Post subject: |
|
|
winterfall wrote: |
Yup all you need is a passport to open an account with most banks: KEB, Shinhan, KB, Woori, etc. BUT you can only get an atm card. They won't give you a debit card (Cause you can do installment payments) unless you can show them an ARC.
Banks don't make debit cards, they get them from credit card companies. And Credit card companies won't give you a debit card unless you have an alien card or someone with a Korean id to co-sign with you. |
I have a BC card with Hana bank and i opened my account with just my passport..It works fine in restaurants and stores and stuff. |
|
Back to top |
|
 |
big_fella1
Joined: 08 Dec 2005
|
Posted: Sun Apr 17, 2011 12:01 am Post subject: |
|
|
winterfall wrote: |
They won't give you a debit card (Cause you can do installment payments) |
Actually you cannot do installment payments on a debit card.
There is no legal reason you cannot receive a debit card. But when you open with a passport most bank officers will refuse you this service.
Some banks my even refuse ATM and Internet Access for 3 months if you open with just a passport. |
|
Back to top |
|
 |
|