View previous topic :: View next topic |
Author |
Message |
aaromero
Joined: 15 Oct 2012 Location: Chicago, United States
|
Posted: Thu Mar 21, 2013 10:48 pm Post subject: Oh My God Korean Banking, Can anyone give me the skinny? |
|
|
I just spent the last hour and a half at woori sending money home and trying to sign up for internet banking.
I didn't manage to finish the process, and between mandatory IE use and all the ActiveX controls I think I'm in over my head just trying to check my balance.
How is anyone supposed to set this stuff up for convenient everyday use?
What do you use internet banking for and how easy is it to set up? |
|
Back to top |
|
 |
nate1983
Joined: 30 Mar 2008
|
Posted: Thu Mar 21, 2013 11:07 pm Post subject: |
|
|
Korean internet banking is a nightmare. So many stupid securities things to download and install. I got to sit down with the CEO of consumer banking for an hour (at one of the large banks in Korea) and I told him their internet banking wasn't compatible with Macs (ActiveX problem or something) and that it would automatically send me to the mobile banking page (apparently mistaking my Macbook for an iPhone). He said his wife had a Mac and had mentioned the same thing to him, but that the portal was actually set up and maintained by a third party vendor. Go figure  |
|
Back to top |
|
 |
Patrick Bateman
Joined: 21 Apr 2009 Location: Lost in Translation
|
Posted: Thu Mar 21, 2013 11:18 pm Post subject: |
|
|
Yeah, it's a nightmare for sure.
Just one thing, did you get a kind of key code and/or a digital certificate issued? |
|
Back to top |
|
 |
furtakk
Joined: 02 Jun 2009
|
Posted: Fri Mar 22, 2013 12:13 am Post subject: |
|
|
I find the smartphone apps to be way less of a headache than the websites. I only use it for checking my balance and tracking money flow. I still like to use ATMs for transfers. |
|
Back to top |
|
 |
saram_
Joined: 13 May 2008
|
Posted: Fri Mar 22, 2013 12:17 am Post subject: |
|
|
You make your way up to Sinhan Bank in gwanghamun. There, they have a location dedicated to foreign people in Korea.
They give a big run down with clear explanations in English about setting up Internet banking..
Do a google search for the shinhan bank global center Seoul and you ll be alright! They do their business 100% in English..
It ll still be a little tricky but the little bit of willpower goes far.. |
|
Back to top |
|
 |
ajuma

Joined: 18 Feb 2003 Location: Anywere but Seoul!!
|
Posted: Fri Mar 22, 2013 6:15 am Post subject: |
|
|
saram_ wrote: |
You make your way up to Sinhan Bank in gwanghamun. There, they have a location dedicated to foreign people in Korea.
They give a big run down with clear explanations in English about setting up Internet banking..
Do a google search for the shinhan bank global center Seoul and you ll be alright! They do their business 100% in English..
It ll still be a little tricky but the little bit of willpower goes far.. |
They also have a FaceBook site where you can ask questions and actually get answers! http://www.facebook.com/ShinhanBank?ref=ts&fref=ts |
|
Back to top |
|
 |
Swampfox10mm
Joined: 24 Mar 2011
|
Posted: Fri Mar 22, 2013 4:09 pm Post subject: |
|
|
saram_ wrote: |
You make your way up to Sinhan Bank in gwanghamun. There, they have a location dedicated to foreign people in Korea.
They give a big run down with clear explanations in English about setting up Internet banking..
Do a google search for the shinhan bank global center Seoul and you ll be alright! They do their business 100% in English..
It ll still be a little tricky but the little bit of willpower goes far.. |
Just don't know that I feel "safe" with Shinhan, knowing they are so easily hacked. |
|
Back to top |
|
 |
smithy
Joined: 17 Aug 2009
|
Posted: Fri Mar 22, 2013 8:33 pm Post subject: |
|
|
KEB has decent Internet Banking. Still requires IE on Windows and you have to install a load of stuff but once that's done it works ok. There is a dedicated app for Mac which works even better, and the iPhone app is pretty good, too. |
|
Back to top |
|
 |
wishfullthinkng
Joined: 05 Mar 2010
|
Posted: Sun Mar 24, 2013 6:21 pm Post subject: |
|
|
want a simple work-around to avoid wire transfer fees and internet banking while raising your korean credit rate and getting cc mileage?
get a square reader for free (https://squareup.com/reader), tie it to your canadian/american bank account and get it mailed to you here in korea. swipe your korean cc/debit card whenever you need to send money back.
bam, quicker than wire transfer, cheaper, you get the benefits of using your cc/debit card, and its hassle-free. |
|
Back to top |
|
 |
Waygeek
Joined: 27 Feb 2013
|
Posted: Sun Mar 24, 2013 7:35 pm Post subject: |
|
|
Don't use Woori Bank to transfer money, use KEB's 'Easy One' service. After you send money through this one time and it works, they'll give you a card which lets you transfer money without even going to a teller.
I am with Woori too. They're ok but I can't use my account card online. Does anyone know of a bank in Korea that lets me use my debit card online? |
|
Back to top |
|
 |
Deja
Joined: 18 Mar 2011
|
Posted: Sun Mar 24, 2013 9:17 pm Post subject: |
|
|
I'm using Woori's Visa "check" card online without issues. I did specifically ask for it to be usable online and abroad. |
|
Back to top |
|
 |
Waygeek
Joined: 27 Feb 2013
|
Posted: Tue Mar 26, 2013 10:59 pm Post subject: |
|
|
Deja wrote: |
I'm using Woori's Visa "check" card online without issues. I did specifically ask for it to be usable online and abroad. |
Is that a proper Credit Card though or a debit card? I'd rather get a debit card, I hear getting a CC here is pretty difficult. |
|
Back to top |
|
 |
wishfullthinkng
Joined: 05 Mar 2010
|
Posted: Tue Mar 26, 2013 11:29 pm Post subject: |
|
|
it's a debit card.
if you work for a large chain they can help you get a cc because banks here like to see how big and profitable your company is before issuing a cc.
as well, i've heard about many people successfully getting a samsung or lotte credit card through the adjummas that sign you up for them in department stores without any help.
i'm surprised no one has commented on my idea however. why would anyone transfer money any other way? |
|
Back to top |
|
 |
Zyzyfer

Joined: 29 Jan 2003 Location: who, what, where, when, why, how?
|
Posted: Tue Mar 26, 2013 11:42 pm Post subject: |
|
|
wishfullthinkng wrote: |
i'm surprised no one has commented on my idea however. why would anyone transfer money any other way? |
Mostly because it confused me. I'm sooooo not an early adopter, or even late adopter. My phone, despite being all flashy to me, is not on the compatible devices list.
Anyway how do you transfer a large sum of money (say, more than $1,000 US) that way? Is there some option in the UI on the phone or something? |
|
Back to top |
|
 |
Waygeek
Joined: 27 Feb 2013
|
Posted: Wed Mar 27, 2013 1:34 am Post subject: |
|
|
Deja wrote: |
I'm using Woori's Visa "check" card online without issues. I did specifically ask for it to be usable online and abroad. |
Cool thanks. Did they issue it to you straight away or was it posted out to you? |
|
Back to top |
|
 |
|