A
branch of Hana Bank (http://www.hanabank.com/
- Korean only) is located on the first floor of the Cheong Woon
Gwan Building. Woori Bank branch (http://eng.wooribank.com/
- English and Korean) is also on the first basement of the same
Building
Student ID card is in cooperation with Hana Bank, it is highly
advised to open a bank account at Hana Bank.
Services
Foreign currency
exchange and remittance
Withdraw cash from global ATM
Business
Hours
- 09:30~16:30 except Saturday, Sunday, and National
Holidays
Currency
Korea`s official
monetary unit is “won”
The Korean currency consists of a ten thousand, five thousand,
and one thousand won notes, and fivee hundred, one hundred,
fifty and ten won coins.
Currency
Exchange Rate
Recently, a
dollar exchanges for about 1,200 won. Exchange rates may
change at any time according to the market conditions.
Exchanging
Money
When you need
to exchange your foreign currency into Korean won, visit
a bank, exchange service center or an authorized exchange
agencies.
Business hours
- Bank : 9:30 am - 4:30 pm except Saturday, Sunday and
Holidays
- Exchange service center : 9:30 am -10 pm, everyday
- Authorized exchange agencies: 24 hours in hotel, and
9:00 am - 5:00 pm at other places.
Don`t forget to take your receipt.
Traveler's
Checks
Traveler's checks
are economical because they will receive higher exchange
rates and can be purchased at a cheaper rate. Travelers
should not have to worry if lost or stolen. Traveler's
are used like cash at hotels, department stores, restaurants
and shops, but it is more convenient to exchange them
for cash. Visa, American Express, and Thomas Cook are
used in Korea, and these checks can be exchanged into
cash at banks or exchange booths.
Credit
Card
Visa, American
Express, Diners Club, Master Card and others are used
at hotels, department stores, large restaurants, and stores,
.
Advice
1. Plan your
travel and exchange money carefully.
2. After exchanging your money, check the money and exchange
rate with a calculator.
3. When you exchange your traveler's checks, you need
to sign your name in the presence
of a bank teller. Never give your checks to other person
for exchange.
