foreign currency account

Posted 1 year 2 months ago by Michelle Farnsworth

Foreign currency accounts, sometimes called multi-currency accounts, are available to you at your local bank in Korea. A foreign currency account is a useful account for organizing, saving, withdrawing, remitting overseas and receiving inward overseas remittances in several different currencies. 

You can deposit and withdraw any foreign currency — except Korean won — whose interest rate is officially posted by your bank.