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Money & banking
Compare transfers by what actually arrives
The place advertising the lowest fee does not always send the most money. Pick by the number that lands in the other person's account for the same amount sent. Holders of the Overseas Korean (F-4) and Working Visit (H-2) statuses, and the family living with them, get a preferential exchange rate on post office transfers from 1 September 2026.
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Opening a bank account
If you have an Alien Registration Card, this is usually not hard. Without one, it depends on the branch, so call ahead and it will save you a wasted trip.
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When your foreign card is declined
Sometimes it is the card, but more often the Korean checkout just does not accept foreign cards. Before you switch cards, switch the payment method.
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