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Banking Articles

4 articles tagged Banking

Practical Life

Getting Severance, Pension, and Bank Funds After Your ARC Has Expired

An expired ARC doesn't erase money you're owed in Korea. Here's how to handle severance, pension refunds, and bank transfers with just a passport and old ARC number.

Money & Banking

Korean Card Holds Abroad: Why a Foreign Gas Station Charge Takes So Long to Clear

Why gas station pre-authorization holds run higher than the actual charge, and how long a Korean-issued card takes to release one overseas.

Money & Banking

Can You Convert Naver Pay Points to Cash? What's Actually Allowed

Naver Pay points and Naver Pay money are not the same thing, and only one of them can be withdrawn as cash.

Banking & Money

Can D-2 Students Keep Family Money in a Korean Bank Account?

Having more money in your Korean bank account than your monthly stipend suggests is not a problem: as long as you know where the money came from. Here is what D-2 students should understand.