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Foreigners can open a bank account in person at a bank, regardless of whether they are a resident of Korea.
A ‘resident foreigner’ refers to a foreigner who has been in Korea for at least 6 months, while a “non-resident foreigner” refers to a person who has been in Korea for less than 6 months.
Take a numbered ticket and wait for your turn.
Go to the counter where your number is displayed on the electronic display.
Inform the teller of the purpose of your visit (to open a bank account, send money, make a deposit, etc.).
If you need a debit card, request it at the same time.
Debit card : A card that allows you to deposit or withdraw cash using an automatic teller machine (ATM) without a passbook or seal.
Follow the instructions provided by the teller to fill out and submit the required documents.
If a bankbook is created, make sure to take it with you along with your ID.
Keep the password to yourself and do not share it with others.
Visit the post office in your neighborhood to send a letter or parcel. Korea Post offers both domestic and international postal services and also serves as a financial institution, like a bank. If you need to send mail internationally as quickly as possible, use the Express Mail Service (EMS).
Domestic mail is usually delivered the next day. It may take longer to arrive if the destination is in an island or mountainous area. Rates vary depending on the destination. If the mail exceeds the standard weight or size, you will be required to pay an extra charge.
To use the Korea Post courier service, you can visit the post office in person or book an appointment for the courier to visit your home to pick up the package.
International mail services include airmail, surface mail, international express mail (EMS), and EMS premium. EMS is a service that quickly and safely delivers letters, documents, and packages of up to 30 kg to 143 countries around the world. Items that can be shipped include letters, documents, letters of credit, books, exchange checks from financial institutions, product samples, and various goods. For some destination countries, such as Argentina and Bangladesh, the maximum weight is capped at 20 kg or less.
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