Korean in South Korea

Banks and Money

A sign that reads 'money exchange'

Local banks are usually open Monday-Saturday from 9-6. In the more modern ones, a person enters the bank, takes a number, and then waits for the number to come up on the electronic screen above the teller; in smaller banks, the customer enters and gets in a teller's line. Guards are in circulation inside the bank. Foreign currency exchange sometimes requires a passport, and the rate varies as does the commission, so it is a good idea to shop around for the best rate and commission. ATMs are both freestanding and inside banks.


  • "At the ATM"
    No transcript


Click on the text to hear the spoken phrase.
  • "I need to exchange some money."

    Follow this link to hear this phrase in Korean