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Mpls_Korean
Joined: 15 Feb 2005
Location: Seoul, Korea
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 Posted: Sun Aug 28, 2005 4:28 pm Post subject: Money Transfer |
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Does anyone know how much money can be sent from Korea to America each year without being taxed additionally? I know there is an initial fee from bank to bank, but I heard that you can only send 'x' amount of money each year...
Anyone know any more about this? |
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peppermint
Joined: 13 May 2003
Location: traversing the minefields of caddishness.
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| Posted: Sun Aug 28, 2005 4:42 pm Post subject: |
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| 10,000US is the cut off point. |
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pegpig
Joined: 10 May 2005
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Keepongoing
Joined: 13 Feb 2003
Location: Korea
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| Posted: Sun Aug 28, 2005 8:28 pm Post subject: hi |
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10,000 unless you have a letter from your school.
recently i went to Kookm in bank to makw an amendement to my automatic monthly transfer of funds and they told me they quit offerring this service and that when mine expires next year, I will not be able to renew it. |
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Gorgias
Joined: 27 Aug 2005
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| Posted: Sun Aug 28, 2005 10:54 pm Post subject: |
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| I have sent about 15 000 US$ home this year from Hana. Obviously you can't send it all at once, but if you can avoid having them stamp your pass-port, it seems that they don't easily realize how much you have sent. Try going to several different branches, they will probably send it, then ask for your pass-port; so tell them you don't have it, show them a photo-copy, or say good-bye and leave the second the transaction is finished. |
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