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Choosing a US Bank for teaching in Korea

 
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Manon



Joined: 19 Sep 2011

PostPosted: Tue Oct 11, 2011 7:52 pm    Post subject: Choosing a US Bank for teaching in Korea Reply with quote

Couldn't get the search feature to work for me, so if this has been asked/answered recently, my apologies.

I'm looking for the best US bank to go with while I'm living in Korea. Wells Fargo recently started charging 7 bucks a month for a checking account, so I intend to close my account when I visit the states in a couple of weeks.

I suspect what I'm looking for is:

    The lowest incoming international wire transfer fee for both small (less than a thousand bucks) and large (potentially 10,000+) transfers.
    No monthly maintenance fees
    No minimum account activity
    Lowest international transaction fees, for the times I may need to use my US debit card in E-mart or something


If there's anything I should consider when choosing a bank, let me know. The account will be used primarily just to transfer money to so my ma can write checks and pay my stateside bills in my absence.

What banks do you use and why?
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Rutherford



Joined: 31 Jul 2007

PostPosted: Tue Oct 11, 2011 8:56 pm    Post subject: Reply with quote

I highly recommend Charles Schwab. They refund the charges on ATM withdrawals abroad.
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