Opening a bank account in Korea is pretty easy, Korean banks don’t ask for or require a credit history nor do they do a credit check. In most cases, setting up an account can be done in one day, but you can only have a fully accessible bank account after getting your ARC in Korea.
During Korvia pre-orientation, KEB Hana Bankers will attend the orientation and helping you to fill out the application form for both opening bank account as well as a debit card. A keynote speech will give you brief information about Korean banking as well as remittance services.
- Opening Saving Bank Account
- Getting a debit card (with T-money function)
- Sign-up for an internet banking
- Guideline how to use internet banking as well as remittance services.
Korean banking services are very convenient and they never charge you any fees of use including deposit and withdrawal so feel free to open up second bank accounts.