Banking & Postal Service
Banking 9.00 – 16.00
Postal Service 9.00 – 18.00
(Business hours may vary depending on the service/branch)
Weekends Closed
(but service for some mail and parcel delivery is provided for a half-day on Saturday)
Banking
To open a bank account, you need to visit the bank in person and present your passport and Alien Registration Card. Korea’s banking hours on weekdays are 09:00-16:00. You can also use ATMs or online banking through mobile phones or the internet. Almost all of the banks run English websites for foreigners’ online banking. You can find ATM’s in most convenience stores and supermarkets.
Currency
The currency of South Korea is the Korean won, KRW. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and appears only in foreign exchange rates. Notes are available in denominations of KRW1000, KRW5000, KRW10000 and KRW50000. Coins are available in KRW10, KRW50, KRW100 and KRW500.
Banks Mostly Used by Foreigners
KB BANK/KOOKMIN BANK
On the left hand side of Route 58 going towards Deokpo, after the intersection with Shopping/Wet Market Street. Foreign currency service is available, with English speaking staff.
KB also offers an English language support telephone service. Dial 1644-9993 for issues concerning KB cards. Dial 1599-4477 for all other issues, eg transfers etc.
NH BANK/NONGHYUP BANK (Okpo)
The bank has a foreign customer desk with English speaking staff.
KEB/KOREAN EXCHANGE BANK
Services offered include money exchange and remittance service. Now merged with Hana Bank and becoming KEB HANA Bank. Branches in Gohyeon (formerly Hana Bank) and Tongyeong (formerly KEB).
ATM
There are many ATM’s with ‘global service’ available in Geoje, including at convenience stores. The sign/logo of ‘global service’ can be found in the top or on the side of the ATM machine. You may use the card from your home country to withdraw cash at these machines (limited amount and charges apply).
MAJOR BANK WEBSITES
- KB BANK/KOOKMIN BANK www.kbstar.com
- NH BANK www.nonghyup.com
- WOORI BANK www.wooribank.com
- CITI BANK www.citibank.co.kr
- KOREAN EXCHANGE BANK www.kebhana.com
- KYONGNAM BANK www.knbbank.co.kr
- SHINHAN BANK www.shinhan.com
POSTAL SERVICE
GEOJE POST OFFICE
(In Gohyeon)
Address : 19 Geojejungang-ro 17-gil, Geoje-si
Phone : 055-636-7004
Open: Mon-Fri 09:00-18:00
OKPODONG POST OFFICE
Address : 12 Okpo-ro 10-gil, Geoje-si
Phone : 055-687-2003
Open: Mon-Fri 09:00-18:00
Some staff speak/understand English. They are also willing to help to pack your parcels.
JANGSEUNGPO POST OFFICE
Address : 59 Jangseungpo-ro, Geoje-si
Phone : 055-681-2000
Open: Mon-Fri 09:00-18:00
Mail and parcels to DSME, Aju-dong, Majeon and Jisepo arrive here before distribution. For overseas parcels/passports, you can select to pick these up at this branch if no-one is home during the day. Parcels can be collected until evening time by appointment. English speaking staff are available.
JANGPYEONG POST OFFICE
Address : 52 Jangpyeong-ro, Geoje-si
Phone : 055- 637-0090
There are about 10 medium to large post office branches throughout the island (see the map).
In addition, some 24h convenient stores (CU, GS) provide a self service station for sending mail/parcels.