Starters guide for South Korea – Bank account

Introduction Opening a bank account can make various financial transactions such as receiving salary, managing living expenses, and sending money more convenient. If you are a foreigner residing in South Korea, it is essential to open a bank account. In this post, we will explain how to open a bank account in South Korea and the characteristics of banks in South Korea. Characteristics of Banks in South Korea There are not many major banks in South Korea. The most commonly used banks are Kookmin ...

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