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Where should I setup a bank account in Busan?

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We asked expats in Busan what banks they use and there advice about banking. They advised...

"Before retiring in Busan, expats should know that the cost of living is relatively low compared to other major cities in Korea, but higher than in many Western countries. They should be aware that the primary language spoken is Korean, and while English is taught in schools, not everyone is fluent. Expats should familiarize themselves with the Korean healthcare system, which is universal and high-quality, but may require some out-of-pocket expenses. They should also understand the visa requirements for long-term stays in Korea, which typically involve proving a steady income or significant savings. Expats should be prepared for a different diet, as Korean cuisine is heavily based on rice, vegetables, and meat, with a strong emphasis on seafood due to Busan's coastal location. They should also be aware of the cultural importance of respect for elders in Korea, which is deeply ingrained in social interactions. Expats should familiarize themselves with the local customs and etiquette, such as removing shoes before entering a home and not writing a person's name in red ink, which is considered bad luck. They should also know that public transportation in Busan is efficient and affordable, with a comprehensive network of buses, subways, and taxis. Lastly, expats should be aware that the climate in Busan is temperate, with four distinct seasons, including hot, humid summers and cold, dry winters," commented one expat who made the move to Busan, Korea.

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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.

Click connect to have our partner contact you via e-mail and/or phone.

Traveling MailboxTraveling Mailbox

Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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Click connect to have our partner contact you via e-mail and/or phone.

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Where should I setup a bank account in Busan?

If you live in Busan, newcomers to Busan would love to hear your answer to this question.


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Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
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