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Korean Job Discussion Forums
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| Which bank do foreigners prefer? |
| Korea Exchange Bank |
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53% |
[ 7 ] |
| Kookmin Bank |
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7% |
[ 1 ] |
| Shinhan Bank |
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0% |
[ 0 ] |
| Hana Bank |
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0% |
[ 0 ] |
| Woori Bank |
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23% |
[ 3 ] |
| Others |
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15% |
[ 2 ] |
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| Total Votes : 13 |
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stefanie1011
Joined: 09 Mar 2012
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 Posted: Tue Mar 27, 2012 1:57 am Post subject: Which bank do you recommend to open an account with? |
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Based on your experience, which bank is better? For their service etc.
Do write down what you think and your experience too! 
Thank You! |
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amnsg2
Joined: 15 Aug 2010
Location: Gumi
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| Posted: Tue Mar 27, 2012 5:13 am Post subject: |
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| Just don't go to Nonghyup. There's a certain time at night where you can't withdraw money (I think). I also heard that sometimes it's hard to transfer money to other banks via the machines. I'm with KB (Gookmin) and haven't got anything negative to say about them. Try and get a popular bank so it's easy for people to find it if they want to send you money. |
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nathanrutledge
Joined: 01 May 2008
Location: Marakesh
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| Posted: Tue Mar 27, 2012 5:20 am Post subject: |
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Woori.
KEB is second, but Woori is the top. Best card products, best point schemes, best locations - it's #1. KEB is too small, and their English service is highly overrated. For example, I got better English service at a local KEB branch in Suwon than I did at the "Global Center" in Itaewon. Go figure. KEB also has smaller number of branches, and they've recently been bought by Hana, so... will they even be KEB for much longer?
I've banked with Nonghyup, KEB, and Woori - in that order. Still use my KEB account as a backup, but Woori is the best one. |
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stefanie1011
Joined: 09 Mar 2012
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| Posted: Tue Mar 27, 2012 5:33 am Post subject: |
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| amnsg2 wrote: |
| Just don't go to Nonghyup. There's a certain time at night where you can't withdraw money (I think). I also heard that sometimes it's hard to transfer money to other banks via the machines. I'm with KB (Gookmin) and haven't got anything negative to say about them. Try and get a popular bank so it's easy for people to find it if they want to send you money. |
Can my dad use the bank in Singapore to transfer money to KB if I open an account with them? |
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stefanie1011
Joined: 09 Mar 2012
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| Posted: Tue Mar 27, 2012 5:51 am Post subject: |
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| nathanrutledge wrote: |
Woori.
KEB is second, but Woori is the top. Best card products, best point schemes, best locations - it's #1. KEB is too small, and their English service is highly overrated. For example, I got better English service at a local KEB branch in Suwon than I did at the "Global Center" in Itaewon. Go figure. KEB also has smaller number of branches, and they've recently been bought by Hana, so... will they even be KEB for much longer?
I've banked with Nonghyup, KEB, and Woori - in that order. Still use my KEB account as a backup, but Woori is the best one. |
I thought a lot of foreigners will chose KEB. Well, can Woori Bank accept transfer of money from the bank in Singapore? As my dad will be transferring money to me once I open a bank account.
Last edited by stefanie1011 on Tue Mar 27, 2012 5:54 am; edited 2 times in total |
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nathanrutledge
Joined: 01 May 2008
Location: Marakesh
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| Posted: Tue Mar 27, 2012 5:52 am Post subject: |
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| stefanie1011 wrote: |
| nathanrutledge wrote: |
Woori.
KEB is second, but Woori is the top. Best card products, best point schemes, best locations - it's #1. KEB is too small, and their English service is highly overrated. For example, I got better English service at a local KEB branch in Suwon than I did at the "Global Center" in Itaewon. Go figure. KEB also has smaller number of branches, and they've recently been bought by Hana, so... will they even be KEB for much longer?
I've banked with Nonghyup, KEB, and Woori - in that order. Still use my KEB account as a backup, but Woori is the best one. |
I thought a lot of foreigners will chose KEB. Well, can Woori Bank accept transfer of money from the bank in Singapore? As my dad will be transferring money to me once I open a bank account. |
Sure. I've transferred money in and out of my Woori account. Just get the numbers and transfer it. |
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stefanie1011
Joined: 09 Mar 2012
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| Posted: Tue Mar 27, 2012 6:03 am Post subject: |
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| nathanrutledge wrote: |
| stefanie1011 wrote: |
| nathanrutledge wrote: |
Woori.
KEB is second, but Woori is the top. Best card products, best point schemes, best locations - it's #1. KEB is too small, and their English service is highly overrated. For example, I got better English service at a local KEB branch in Suwon than I did at the "Global Center" in Itaewon. Go figure. KEB also has smaller number of branches, and they've recently been bought by Hana, so... will they even be KEB for much longer?
I've banked with Nonghyup, KEB, and Woori - in that order. Still use my KEB account as a backup, but Woori is the best one. |
I thought a lot of foreigners will chose KEB. Well, can Woori Bank accept transfer of money from the bank in Singapore? As my dad will be transferring money to me once I open a bank account. |
Sure. I've transferred money in and out of my Woori account. Just get the numbers and transfer it. |
If I am not wrong.. for international transfer, the person who transfer money need the Swift Code, right? |
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nathanrutledge
Joined: 01 May 2008
Location: Marakesh
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| Posted: Tue Mar 27, 2012 6:18 am Post subject: |
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| Yeah, the one sending the money needs to have the account number and the bank info - swift codes, etc. But again, I've had no trouble with sending money from Woori to the US, and I've had money from my US account sent to here. Just gave them the numbers, swift code, account, and the address - same as the stuff you give here - and away it went. |
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stefanie1011
Joined: 09 Mar 2012
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| Posted: Tue Mar 27, 2012 6:52 am Post subject: |
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| nathanrutledge wrote: |
| Yeah, the one sending the money needs to have the account number and the bank info - swift codes, etc. But again, I've had no trouble with sending money from Woori to the US, and I've had money from my US account sent to here. Just gave them the numbers, swift code, account, and the address - same as the stuff you give here - and away it went. |
I am not sure if you know.. To transfer money overseas, customers can go down to the bank personally, right? Instead of ibanking.. |
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