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mrsquirrel
Joined: 13 Dec 2006
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Posted: Wed Jul 04, 2007 4:53 pm Post subject: KEB Bank - Foreign Remittance even for illegal overstayers |
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KEB Bank advertises that you can make foreign remittance even if you are an illegal overstayer. That you will get free insurance if you send more than 500,000 home at a time.
How exactly does this work. I presume they need to see your passport. Does this not put a foreign worker at risk of being deported for overstaying since they will be on record? |
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spliff

Joined: 19 Jan 2004 Location: Khon Kaen, Thailand
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Posted: Wed Jul 04, 2007 5:02 pm Post subject: |
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It's OK to be an illegal as long as you're doing a job that no Korean wants to do....it's about being realistic.  |
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OiGirl

Joined: 23 Jan 2003 Location: Hoke-y-gun
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Posted: Wed Jul 04, 2007 7:01 pm Post subject: |
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The bank is not Immigration. |
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ttompatz

Joined: 05 Sep 2005 Location: Kwangju, South Korea
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Posted: Wed Jul 04, 2007 7:13 pm Post subject: Re: KEB Bank - Foreign Remittance even for illegal overstaye |
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mrsquirrel wrote: |
KEB Bank advertises that you can make foreign remittance even if you are an illegal overstayer. That you will get free insurance if you send more than 500,000 home at a time.
How exactly does this work. I presume they need to see your passport. Does this not put a foreign worker at risk of being deported for overstaying since they will be on record? |
The bank only looks at the first page to confirm your ID and the last page to check for excessive foreign remittances.
They wouldn't have any idea about visa status or lack thereof (as defined by your ARC). |
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OiGirl

Joined: 23 Jan 2003 Location: Hoke-y-gun
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Posted: Wed Jul 04, 2007 7:20 pm Post subject: Re: KEB Bank - Foreign Remittance even for illegal overstaye |
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ttompatz wrote: |
The bank only looks at the first page to confirm your ID and the last page to check for excessive foreign remittances.
They wouldn't have any idea about visa status or lack thereof (as defined by your ARC). |
Nothing put on the last page of my passport this time around.
But...they did check visas and contracts to determine...not sure what. But I did have to show and explain them. (I was sending less than 2 million, but it was more than my monthly earnings...not sure if they were looking for a certain percentage.) |
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some waygug-in
Joined: 25 Jan 2003
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Posted: Wed Jul 04, 2007 7:43 pm Post subject: |
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cheese whiz... when I went to do it, they wanted my passport, my ARC, a current payslip on top of that.
I was only sending a million won home...
I guess it depends where you go and who you deal with.
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OiGirl

Joined: 23 Jan 2003 Location: Hoke-y-gun
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Posted: Wed Jul 04, 2007 7:47 pm Post subject: |
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I've never had a payslip at these jobs. |
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