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Any US banks with branches in Korea?

 
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tesseract



Joined: 26 May 2006

PostPosted: Mon Aug 21, 2006 9:37 am    Post subject: Any US banks with branches in Korea? Reply with quote

Does anyone know of one? Or any banks that are easier to work with as far as accessing my US account in Korea or transferring money back and forth?
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zappadelta



Joined: 31 Aug 2004

PostPosted: Mon Aug 21, 2006 2:11 pm    Post subject: Reply with quote

There's Citibank, but not sure if it's the same as the one back home. I didn't think it was, until I went to the Philippines last week and saw the same Citibanks there. Look into it, might be the same.
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dimnd



Joined: 19 May 2005
Location: Western USA

PostPosted: Mon Aug 21, 2006 2:51 pm    Post subject: citibank..same...as here... Reply with quote

i have citibank...
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seoulsucker



Joined: 05 Mar 2006
Location: The Land of the Hesitant Cutoff

PostPosted: Mon Aug 21, 2006 4:41 pm    Post subject: Reply with quote

Citibank and Bank Of America both have branches here.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Mon Aug 21, 2006 8:33 pm    Post subject: Reply with quote

seoulsucker wrote:
Citibank and Bank Of America both have branches here.


They do, but they are NON-affiliated...

They are run like a separate bank and not different branches of the same bank.

They do NOT talk to each other and they are NO easier for doing business than say KEB or KB* or WOORI. Select your bank based on proximity and convenience for you while you are here.
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conor



Joined: 11 Sep 2005
Location: Seoul

PostPosted: Mon Aug 21, 2006 8:37 pm    Post subject: Reply with quote

I called Citibank in Korea last year and it's not a 1-to-1 relationship with the Citibank in the US. They are under the same umbrella, but they are not the same. I was looking to do the same thing, but found no where that would work. Lots of Korean ATM cards work in America or I would just get a Korean international credit card.
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dogshed



Joined: 28 Apr 2006

PostPosted: Mon Aug 28, 2006 9:49 am    Post subject: Citibank Reply with quote

I called Citibank in the United States. They made a point of saying my atm card would work in korea for withdrawls but not deposits.

They said the Korean Citibank is a separate bank and I would still have to pay a fee to transfer money to the US. I think the fee was $10. Someone suggested mailing a money order or traveler's check. I think I might do that.

-Jeff
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wylies99



Joined: 13 May 2006
Location: I'm one cool cat!

PostPosted: Mon Aug 28, 2006 3:18 pm    Post subject: Reply with quote

Quote:
They do, but they are NON-affiliated...

They are run like a separate bank and not different branches of the same bank.



Good to know.
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dogshed



Joined: 28 Apr 2006

PostPosted: Wed Aug 30, 2006 12:41 pm    Post subject: A little bank in Kansas. Reply with quote

Today I opened an account at the little bank my mother use in Arkansas City, KS aka Ark City. I put my mom on the account and got the 50+ interest on top of the free checking with no minimum balance.

When I get to Korea I'll just mail my deposits and use online to pay the bills.

Here's the funny part. I have a mazda pickup and my friend has a jeep cherokee. I drove my little subaru legacyfull of tools to his house and then he drove me home and we filled my mazda pickup and his cherokee full of tools. I still have more tools at my house. What does the bank give me as a free gift for opening the account?
A tool kit.

www.usbarkcity.com
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