Per a Chosun Ilbo article, local banks are charging fees for depositing anything other than Won and U.S. Dollars.
Foreign banks, like HSBC, charge none. I thought Korean banks liked money too but I guess they like getting more money even better.
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8 Comments
Not only does HSBC not charge me on my foreign deposits — 11 currencies allowed — here in HK, but they give me interest on the deposits. Somehow, people in HK understood that business is not about overcharging customers at every corner…
R. Elgin — Not that I’m a prude, but I took down the image. This is a family blog, after all.
No problem Robert. The notes were faked as well, though some people apparently had been fooled by them in Europe.
Welcome to Korea where we have been fucking our fellow man for 5000 years. First served, first cum.
fookers.
Umm…I like getting money too. No charge for other currencies here in China, but no interest either. Never tried depositing foreign currency in a US bank in the US.
Good point. I never was given that kind of possibility by my bank back in France. Actually, when I went back to .fr late 2004, if I hadn’t had a bank account already, I would have been struggling to get one opened — the wife and I tried to open a second bank account, and since we were self-employed, we were told “no”. So I guess the situation in Korea is not *that* bad…
I never understood the logic in some banks making it so difficult to open accounts. You’re not asking for a loan or credit - you’re asking them to take your money. Where’s their risk?