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Banking Service

Banking Service Guide

Banking Service Guide

To open a bank account in Korea, foreigners need to provide identification, such as a residence care or passport, and documents proving their financial transaction purpose. Those without a residence cared must also provide proof of residence, such as a utility bill or hotel voucher. Restricted accounts with transaction limits may ne opened if certain documents are missing, but limits can be lifted by submitting additional proof. It is advised to confirm specific requirements with the chosen bank branch, as they may vary.
How Foreigners Can Open a Bank Account.pdf

Further details are available for download in our informative PDF guide.

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