Your first bank account: from documentation to transfer limits

When opening an account in Korea, you need to not only verify your identity but also be prepared to explain why you are using the account. Required documents and available services may vary depending on the bank, product, and conditions of stay. Just because someone you know opened an account at the same bank, don't assume that you can use all the features with the same documents. We recommend that you first inquire about conditions at the branch you plan to visit. Preparation before your visit Organize your main goals, such as receiving salary, managing living expenses, and paying tuition. Ask your bank if you need documentation confirming your purpose in addition to your ID and domestic contact information. Also check what to do if the English names in your passport, residence-related documents, and school or workplace are different. You can reduce repeat visits by asking whether the original is required and whether there is a date limit for issuance. Questions when opening Check your account's transfer/withdrawal limits, limit change conditions, debit card issuance, and internet/mobile banking registration methods. The fact that an account has been created is different from being able to transfer a large amount of money right away. If you need to send tuition or deposit, please let us know the amount and date in advance to discuss possible options. Management after use For the first transfer, we verify the recipient and account, test it with a small amount, and confirm the transaction history. If your mobile phone number or residence documents change, ask your bank if you need to renew them. It is recommended that you do not disclose your password or authentication number to anyone who helps you open an account. If a warning appears in the app that you don't understand, use your bank's official consultation desk rather than passing the screen to someone else. Sources · Checked: 2026-09-09 서울시 · 금융·은행 https://global.seoul.go.kr/hmpg/finf/elsi/bank/contPageDetail.do?conts_no=D33ECD427008493587BA03F2F9A86699