Korea Exchange Bank is the leading foreign exchange specialist bank which has maintained a dominant position in the Korean Foreign Market since the bank¡¯s establishment in 1967. Money Exchange! All branches of Korea Exchange Bank in Korea provide you with this service If you did not have time to go to the money exchange, do not worry. The Inchon International Airport Branch of Korea Exchange Bank is open 365 days of the year. At the all branches of Korea Exchange Bank in Korea, you can receive Cash Advance Services in Korean Won and withdraw from deposit accounts with the use of credit cards issued overseas such as VISA, JCB, MASTER, PLUS, and CIRRUS. There are over 500 CD¡¯s(Cash Dispenser) at Korea Exchange Bank and it has English and Japanese Language directions. At Korea Exchange Bank, we handle 31 different currencies which are the largest number of foreign currencies handled by any bank in Korea. Foreign Currency Exchanges by Foreigners or Non-residents In exchanging foreign currencies amounting over U.S. dollar equivalent of $20,000 for Korean won from a bank, foreigners or non-residents must submit document(s) verifying the acquisition method of the foreign currency. In case of being unable to submit the document to verify the acquisition method, report to the Bank of Korea before selling the foreign currency for Korean won to a bank. Foreign residents purchasing foreign currencies A foreign resident can repurchase foreign currencies from the bank only within the limit of the amount of foreign currency that he/she had sold. If the foreign resident has no record of having sold any foreign currencies, he/she can purchase up to $10,000 U.S. dollars for overseas travel expenses after presenting his/her passport to the bank. Non-residents purchasing foreign currencies A non-resident can repurchase foreign currencies within the limit of the amount of foreign currency that he/she had sold, only if he/she has the record of selling foreign currencies in exchange for Korean won after entering Korea, or when he/she presents the documents verifying that he/she had withdrawn cash in Korean won using the credit cards issued from foreign countries. If the non-resident has no record of having sold any foreign currencies, he/she can purchase up to $10,000 U.S. dollars. Koreans residing abroad taking out their personal assets from Korea A foreigner or non-resident can send money overseas or deposit in foreign currency through designated banks dealing foreign currencies if he/she has earned wages or incomes from hiring, working or running private businesses in Korea. For the foreign residents who have resided in Korea for over five years, there are no limitations to the amount of money that he can send overseas in foreign currencies. Non-residents¡¯ Korean won deposit accounts for free remittances of principal and interests There are no limitations in amount for remittances to overseas from regular Korean won savings and Non-residents' Korean Won Trust Accounts deposited with foreign capital transferred or brought from overseas. (Types of accounts : 1-month & over fixed term deposit accounts in Korean won, checking accounts, regular deposit accounts, savings accounts and regular business accounts) Only the interests can be remitted overseas if the account has been deposited with the money accounts, that non-resident has earned in Korea.