Sharing steps for withdrawing money from foreign ATMs

this timeKorean Family TravelBecause the hotel I live in is quite far from Myeongdong, I wanted to try withdrawing Korean Won (KWR) directly from an overseas ATM. This way I don’t have to go all the way to Myeongdong. The rich man thinks it will save a lot of travel time. , let’s take a look together.

Preparation before going abroad

To be able to withdraw money from foreign ATMs, you must remember to bring a bank ATM card, because the foreign currency account of Monopoly Bank does not have Korean won. Before going abroad, you must activate the function of "withdrawing Taiwan dollars from abroad" with the bank customer service, so if you are from The process of withdrawing local currency from an overseas ATM actually converts the Taiwan dollars in the account directly into the local currency, so you must first enable the "CanWithdraw Taiwan Dollars Abroad』 function. If there are currencies in the foreign currency account, such as US dollars and Japanese yen, you need to turn on "You canWithdraw foreign currency abroad"Function.

Formula:

The bank's foreign currency account "does not have" the local currency → enable the "Can Withdraw Taiwan Dollars from Abroad" function.

The bank foreign currency account "has" the local currency → enable the "Can Withdraw Foreign Currency from Abroad" function.

Korean ATM withdrawal sharing

I searched for it before setting off. Seoul Hotel Newv The bank near the hotel uses an ATM from the Yiling Branch of Shinhan Bank of South Korea this time. The ATM probably looks like this. If you see the words "Global ATM" at an ATM, you should be able to withdraw foreign currency. Let's test it with the rich man.

Select "Foreign Languages" first.

Select "Foreign Languages" again.

Be careful not to disclose the password to others, and press the green "OK" button to continue to the next step.

Select "Language" again, here we take Chinese (Chinese) as an example. Don't worry about the UnionPay card icon, it has nothing to do with UnionPay cards.

Select "Overseas Card".

Select "Withdraw".

Only then do you need to insert the ATM card!

Taking the example of a rich man, he can only receive up to 700,000 won on the day (laughs).

Next, choose the bill denomination, here are 10 bills of 50,000 won and 20 bills of 10,000 won, totaling 700,000 won.

The handling fee is 3,600 won, which is less than 100 Taiwan dollars, which should be considered a good deal, saving a lot of time spent on traveling and traveling.

Enter the 4-digit ATM card "magnetic stripe" password. The customer service said that because most of the ATMs in South Korea are already new "chip" ATMs, but when withdrawing money overseas, they use "magnetic stripes", so it is recommended to cover the chip on the ATM card to force the Korean ATM to read the withdrawal. There is a magnetic stripe on the card, so the rich man used a piece of paper to cover the chip with traceless tape before leaving the country (hehe).

The magnetic stripe password is verified to be correct, and the withdrawal starts!

After confirming the withdrawal amount and account balance, the banknotes will be spit out! Huh~ Successful withdrawal of money from the transnational ATM, praise!

Take a photo of the successful withdrawal receipt and the Korean won distributed to the rich man. The cash that is not in the photo was taken away by the rich man’s wife (laughs).

rich man experience

It was the same this time. Before going abroad, I used Taiwan Bank’s online foreign exchange settlement service Easy to buy some Korean won. On March 29, I used 2,553 Taiwan dollars to exchange for 100,000 Korean won. 1 Taiwan dollar could only be exchanged for 39.1 Korean won. The exchange rate is really bad~

After returning to Taiwan, check the bank account in Taiwan dollars to see how many Taiwan dollars were used to exchange the 703,600 Korean won? There is an international financial card withdrawal record on the account on April 6th, totaling 16,814 Taiwan dollars. The exchange rate is about 1 Taiwan dollar to 41.8 Korean won. It should be OK. Convenience and time saving are the most important when traveling abroad.

The rich man was almost out of cash when he arrived in Sokcho, so he emart Sometimes I wanted to withdraw cash from the ATM again, but unfortunately it was unsuccessful in the end. Later, I went back to the hotel and called the customer service. The customer service staff said that the system did not look abnormal, and I don’t know why (laughs).

We have all reached the withdrawal confirmation page, but in the end it was still unsuccessful.

Korean ATM money withdrawal results

So the result of the millionaire's Korean ATM withdrawal this time is: some ATMs can successfully withdraw cash, while others cannot. After returning home, the millionaire reconfirmed with the bank customer service, but the bank was not sure why he could not withdraw the money. He excused himself. It’s system updates, etc., it’s other people’s problems (laughs), so be careful! It is safer to prepare some cash before going abroad.

further reading