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ATM: by accident I chose check instead of cash

 
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austinmc86



Joined: 23 Feb 2010

PostPosted: Sat Apr 30, 2011 3:04 pm    Post subject: ATM: by accident I chose check instead of cash Reply with quote

So, I was in a hurry and somehow pressed check instead of cash at the ATM. I use KEB and went to a KEB ATM, so I got this little check for 100k won. I have no idea what to do with this check. Can I just go to the bank and cash it, go to a store and use it and get change back? Do I need to sign it? I have no idea, I never used a check here, and I just want my cash.
So, can I just turn it in to the bank?
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northway



Joined: 05 Jul 2010

PostPosted: Sat Apr 30, 2011 3:11 pm    Post subject: Reply with quote

I know you can just go to the bank and cash it. I'm not sure about using it in a store, but I'm pretty sure it's pretty much the same thing as cash (possibly the reason that Korea still lacks a 100,000 won bill).
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Mr. Peabody



Joined: 24 Sep 2010
Location: here

PostPosted: Sat Apr 30, 2011 3:15 pm    Post subject: Re: ATM: by accident I chose check instead of cash Reply with quote

austinmc86 wrote:
So, I was in a hurry and somehow pressed check instead of cash at the ATM. I use KEB and went to a KEB ATM, so I got this little check for 100k won. I have no idea what to do with this check. Can I just go to the bank and cash it, go to a store and use it and get change back? Do I need to sign it? I have no idea, I never used a check here, and I just want my cash.
So, can I just turn it in to the bank?
Put it back into the ATM as a deposit to your account.
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southernman



Joined: 15 Jan 2010
Location: On the mainland again

PostPosted: Sat Apr 30, 2011 3:40 pm    Post subject: Reply with quote

I did the same thing when I was first here and running late for a meal with friends.

The restaurant I went to took the check, my friends paid their share of the meal and I got cashed up. No problems at all.
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myenglishisno



Joined: 08 Mar 2011
Location: Geumchon

PostPosted: Sat Apr 30, 2011 4:31 pm    Post subject: Reply with quote

Yeah, put it back in the ATM or keep trying to use it at businesses. If you're buying something relatively large they will probably take it depending on the size of the cheque.
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Lazio



Joined: 15 Dec 2010

PostPosted: Sat Apr 30, 2011 4:54 pm    Post subject: Reply with quote

Most places, even small businesses would accept it. If you go to a bigger supermarket, they will surely take it. Lotte Mart or Emart, department store and such... no question.
Make sure you write your name and phone number on the back. Cashiers will ask you to do so.
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austinmc86



Joined: 23 Feb 2010

PostPosted: Sat Apr 30, 2011 5:05 pm    Post subject: Reply with quote

If I put it in back in the ATM, do I need to sign it? Or just leave it the way I got it?
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wylies99



Joined: 13 May 2006
Location: I'm one cool cat!

PostPosted: Sat Apr 30, 2011 5:27 pm    Post subject: Reply with quote

It's supposed to be accepted the same as cash.
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myenglishisno



Joined: 08 Mar 2011
Location: Geumchon

PostPosted: Sat Apr 30, 2011 5:56 pm    Post subject: Reply with quote

wylies99 wrote:
It's supposed to be accepted the same as cash.


You've obviously never tried cashing it at a typical Korean restaurant. If the cheque is for more than 20k, they won't even look at it.
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wylies99



Joined: 13 May 2006
Location: I'm one cool cat!

PostPosted: Sat Apr 30, 2011 6:02 pm    Post subject: Reply with quote

myenglishisno wrote:
wylies99 wrote:
It's supposed to be accepted the same as cash.


You've obviously never tried cashing it at a typical Korean restaurant. If the cheque is for more than 20k, they won't even look at it.


They are supposed to treat it like cash. Like everything else in Korea, your experiences may vary.
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kprrok



Joined: 06 Apr 2004
Location: KC

PostPosted: Sat Apr 30, 2011 6:03 pm    Post subject: Reply with quote

myenglishisno wrote:
wylies99 wrote:
It's supposed to be accepted the same as cash.


You've obviously never tried cashing it at a typical Korean restaurant. If the cheque is for more than 20k, they won't even look at it.


You've obviously only been to crappy restaurants. I've never even seen a "check" for anything other than 100k, but they could exist. Every place, except for tiny little mom&pops where I've taken then have had no problems.

OP, use your head and think...would you use a $100 or 50quid bill to pay for a pack of gum? If no, don't try it here. If yes, do what you do. Anything you try to buy larger than that should be fine.
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Murakano



Joined: 10 Sep 2009

PostPosted: Sat Apr 30, 2011 7:06 pm    Post subject: Reply with quote

I`ve used them to pay for stuff at various supermarkets....
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Mr. Peabody



Joined: 24 Sep 2010
Location: here

PostPosted: Sat Apr 30, 2011 8:08 pm    Post subject: Reply with quote

austinmc86 wrote:
If I put it in back in the ATM, do I need to sign it? Or just leave it the way I got it?
Don't sign it, just deposit it.
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