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Depositing money in a korean bank.

 
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johnt11



Joined: 17 Nov 2006
Location: Busan

PostPosted: Wed Sep 12, 2007 10:53 pm    Post subject: Depositing money in a korean bank. Reply with quote

I have been collecting money in a big jar for a wee while now.

I only ever spend man wons so all my change notes and all goes into the jar of wealth. I reckon there could be a fair amount in there now and with a few more months to go there will be plenty more.

However a few of the more sceptical foreign teachers at my school reckon that i wont be able to put it in my bank accoount as the bank will think i have been doing illegal privates.

Is this true?

Should i change it all to foreign currency to take home with me instead?

Any advice is welcomed.
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R-Seoul



Joined: 23 Aug 2006
Location: your place

PostPosted: Wed Sep 12, 2007 10:58 pm    Post subject: Reply with quote

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The_Conservative



Joined: 15 Mar 2007

PostPosted: Wed Sep 12, 2007 11:01 pm    Post subject: Re: Depositing money in a korean bank. Reply with quote

johnt11 wrote:
I have been collecting money in a big jar for a wee while now.

I only ever spend man wons so all my change notes and all goes into the jar of wealth. I reckon there could be a fair amount in there now and with a few more months to go there will be plenty more.

However a few of the more sceptical foreign teachers at my school reckon that i wont be able to put it in my bank accoount as the bank will think i have been doing illegal privates.

Is this true?

Should i change it all to foreign currency to take home with me instead?

Any advice is welcomed.


You will be fine, I have done the same thing multiple times over the years I have been here. Never had a problem. Although I never put it in my bank account...I just traded all the coins in for paper bills.
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