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No bank account in Korea without a visa?

 
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Derrek



Joined: 15 Jan 2003

PostPosted: Wed Feb 23, 2005 6:53 pm    Post subject: No bank account in Korea without a visa? Reply with quote

JackTheCat mentioned an interesting situation worth a post...

He had problems getting a new bank card with just his passbook at Kookmin Bank (his wallet was stolen). They told him that there is a new rule to deter illegal teachers. You can't get an account without a visa, I gather.

It's kind of funny, because this will only make for more shady and illegal banking practices. That or illegal foreigners keeping a lot of the money entirely off of the radar.

Anyone know more about this?
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peppergirl



Joined: 07 Dec 2003

PostPosted: Wed Feb 23, 2005 8:49 pm    Post subject: Reply with quote

I opened a bank account before I got my alien registration card, all I had was a 3 month tourist visa (or visa waiver, as I'm from the EU) in my passport. This was at Woori bank, about 1,5 years ago.
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dogbert



Joined: 29 Jan 2003
Location: Killbox 90210

PostPosted: Wed Feb 23, 2005 8:51 pm    Post subject: Reply with quote

You can open a bank account at a Korean bank without a visa, or better said, while on a tourist visa.
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Grotto



Joined: 21 Mar 2004

PostPosted: Wed Feb 23, 2005 8:53 pm    Post subject: Reply with quote

to open an account at any bank all you need is your passport.

Unfortunately some of the people who work in banks are ignorant as to the laws and will tell you that you need other documentation as well.
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JacktheCat



Joined: 08 May 2004

PostPosted: Wed Feb 23, 2005 10:18 pm    Post subject: Reply with quote

Who knows what was up with that.

Power games, not wanting to show lack of knowledge, that certain time of the month, maybe even a real new rule; whatever.

Third KB bank I tried gave me a new ATM card no problems or questions asked. (actually got 2 of 'em, just in case this happens again.)


And oh yeah, don't bother with the police if your wallet is ever stolen. They could care less about crimes committed against foreigners. Crimes committed BY foreigners, real or imagined, now that is a different matter.
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