A step-by-step guide to opening a bank account in Korea.
Recommended Banks (Foreigner-friendly)
- Hana Bank - Excellent English service, global counter available
- KEB Hana - Multi-language support
- Shinhan Bank - Good mobile app with English UI
Required Documents
- Passport
- Alien Registration Card (ARC)
- Proof of address (utility bill or lease contract)
- Phone number registered in Korea
Tips
- Visit a branch near a university campus for better English support
- Most banks require you to have an ARC before opening an account
- Internet banking registration may need a separate visit