Travel Korea - Korean Travel News
| Sending Money Overseas from Korea |
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Look for a bank with a sign near the entrance noting that it handles foreign currencies. There are three methods of sending money overseas; telegraphic transfer (T/T), bank check, and postal check . Apply using the proper form, checking what it is you want. Telegraphic transfers are the fastest and surest method of sending money to a bank account in another country. Sending money will require you to have your bank book and a wage statement from your employer. Telegraphic Transfer (T/T) The fast and sure way to send money is by telegraphic cable. You must know the name of the bank, the name and address of the branch, the account number, and the telephone number of the owner of the account, and the bank code. Postal Transfer Using registered mail, a check is sent to the bank receiving payment. It takes as long as a letter to deliver . Bank Check A bank check issued by your bank is sent to a recipient residing overseas. As the check is sent through the regular mail, this method should be used only when sending smaller amounts of money.... Read more at: http://www.eslteachersboard.com/cgi-bin/korea-info/index.pl?read=186. |
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