Eligibility and Salary

ESL Teaching Placement

ESL Placement Process

Benefits

Visa

Schools

Dates

Expectations

Accommodation

TESOL Course

FAQ

Terms & Conditions

Snaps

Testimonials

Banking in South Korea

A good number of foreign and national banks provide services throughout South Korea. The bank timings are usually from 9.30 am - 4.30 pm hrs from Monday through Friday.
The foreign banks functioning in South Korea includes:

• ABN AMRO,
• Bank of America,
• Bank of Tokyo-Mitsubishi UFJ,
• Citibank,
• Deutsche Bank,
• The Hong Kong and Shanghai Banking Corporation,
• Mizuho Corporate Bank,
• SC First Bank.

List of nationwide and government owned banks:

• Bank of Korea,
• Shinhan Bank,
• Hana Bank
• Korea Exchange Bank
• Kookmin Bank
• Woori Bank
• Korea Development Bank
• Pusan Bank
• Jeonbuk Bank
• Gwangju Bank
• Kyeongnam Bank
• Jeju Bank
• Export-Import Bank of Korea
• Kiup Bank, or Industrial Bank of Korea
• National Federation of Fisheries Cooperatives , or Suhyup

ATM & Credit Cards
There are numerous automatic teller machines (ATM) installed throughout the country. Using domestic cards on Korean banks are available everywhere. However, using American, Canadian, Japanese or other foreign ATM cards, credit cards, or debit cards will be little difficult. You can get a cash advance on any MasterCard, Visa or any other major international credit card from any bank, but you cannot get a cash advance on a debit card. In order to withdraw money from an ATM in Korea, you must use an ATM machine that says Global Service and the Visa, MasterCard and other credit card logos. If you just see the Credit Card logos but no Global Service sign, you will perhaps not be able to withdraw cash.