I will be living and working in South Korea, but I'm an American. How can I deposit my money and pay my bills in America?
Personal Finance - 3 Answers
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1 :
you can us bank transfer or if you have access to a military base you could mail back postal money orders!!!!
2 :
Question: Are you working for a So. Korean or an American company ? If an American company and you are paid basically here in the states they should be able to deposit your check in a local bank and you draw from there. You might be able to use "bill pay" through the local bank and do it "on line". I have 3 bills that I pay with "bill pay" where it used to be about 9 but more companies are being paid "on line". If you are being paid in S Korea you can try to have the bank send a draft to your bank here in the states.
3 :
Assuming that you're getting paid there and your money is not directly sent to your US bank: Bring your account number and all (those 2 chunks of numbers on your check). Open a bank account in Korea. The company would open you one to deposit your salary. If you prefer US banks, they have Citibank, Merrill,.. all kinds of global banks. You should be able to easily transfer your money to your US bank. Overeall, there banking system is pretty good and you won't have much problems. The only difference from US banking system would be that they do not use the paper check in Korea. They just transfer money using cell-phones and stuffs.
