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Author Topic: Withdrawing Korean account once you're back home  (Read 479 times)

Offline Rina

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Withdrawing Korean account once you're back home
« on: August 23, 2011, 10:57:29 PM »
Is it possible to withdraw money from your Korean account (like NH) once you're back in your home country if you don't have online banking in Korea? I want to close my account, but my school says they can't wire money to me, but I don't know if it's possible to wire money to myself once I'm back.

twitch

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Re: Withdrawing Korean account once you're back home
« Reply #1 on: August 24, 2011, 11:55:46 AM »
I don't know honestly.
Every school seems to approach this in their own way.
When I left Korea (the first time) I let my admin staff know (through my coteacher) that I would book my flight for a few days AFTER payday so that they had time to deposit ALL of the money owed to me.
I told them that I would postpone leaving for these few days because I would need the time to transfer my money and close my bank account AFTER they gave me all money owed.  They saw the logic in this and paid me everything they owed (including my airfare) within a day after pay day.

If you haven't booked your flight yet, maybe this is a conversation you could have with them.  If you outline the reasons why you need the money as soon as possible they may be willing to speed up to ensure it goes smoothly. 

Good luck!

Offline mycalmiles32

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Re: Withdrawing Korean account once you're back home
« Reply #2 on: August 24, 2011, 12:09:21 PM »
You can use your NH card in the states to withdraw money.  When I went home to visit this past February, I was able to withdraw money using the Bank of America ATM machine.  I didn't try to use it as a debit card though.  I would still double check with the bank before you leave, though.  It  might also depend of what kind of card you have.  I have the NH check card with the maestro symbol. 

Offline justanotherwaygook

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Re: Withdrawing Korean account once you're back home
« Reply #3 on: August 24, 2011, 12:13:46 PM »
Check with your bank that you can use the card at home.  But, I wouldn't count on it.

Another idea is to set up internet banking with the option of performing international transfers online.  You can do this with KEB.  Have the school pay you into that account, and then just go online and wire it to your home country's account.
C is for cookie, that's good enough for me.

Offline Rina

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Re: Withdrawing Korean account once you're back home
« Reply #4 on: August 24, 2011, 01:21:21 PM »
You can use your NH card in the states to withdraw money.  When I went home to visit this past February, I was able to withdraw money using the Bank of America ATM machine.  I didn't try to use it as a debit card though.  I would still double check with the bank before you leave, though.  It  might also depend of what kind of card you have.  I have the NH check card with the maestro symbol.
My card doesn't work in America. Sometimes they give foreigners cards that will work abroad and sometimes they don't. Usually depends on age, favoring people under a certain age.

 

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