How to Open a Bank Account in Korea (Easy Guide for Foreigners)
If you live or work in Korea, you need a bank account for salary, payments, and daily life. Opening a bank account is simple if you prepare the right documents. Here is an easy guide for you.
1. Choose a bank Popular banks for foreigners include KB Kookmin Bank, Shinhan Bank, and Woori Bank. Some branches have English service.
2. Prepare required documents Bring your passport and Alien Registration Card (ARC). Some banks may ask for a Korean phone number or proof of address.
3. Visit the bank in person Go to the bank during working hours (usually 9 AM–4 PM). Take a waiting number and tell staff you want to open an account.
4. Fill out application form The staff will help you fill out a simple form. Basic English is often available, so don’t worry.
5. Get your bankbook and card After registration, you will receive a bankbook and debit card. You can also set up online banking.
Summary Choose a bank, prepare documents, and visit in person. Tip: Go to a branch near universities or foreign areas for easier service.