Convenience
Bank-Opening a bank Account
A resident foreigner can open a bank account by simply visiting the bank in question, whether he/she resides in Korea or not. (A resident foreigner refers to an individual who has been in Korea for more than 6 months, while a non-resident foreigner refers to a person who has been in Korea for less than 6 months.)
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| Required Documents |
You may use the cash card to withdraw money from an ATM (Automated Teller Machine) |
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| Tax & Interest Rates |
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| Business hours |
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Website KEB Hana Bank
Website SHINHAN BANK
Website WOORI BANK
Website Standard Chartered Bank
Exchange of Money
If you have a passport or foreign registration card, you can easily exchange foreign money or traveler’s checks for Korean won at local banks. Be sure to keep the slip that the bank issues as evidence of a foreign exchange transaction. The slip will help you sell your Korean won for a foreign currency more easily on your departure from Korea.
Website Current Exchange Rate
Post Office
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Website Korea POST
International Calls
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