How do I open a bank account as a foreigner?

Visit a bank branch with your ID (an ARC is best; banks may also accept a passport) and a document showing what the account is for, such as proof of your job. Without that proof, you may only get an account with limits on withdrawals and transfers. What to do 1. Go to a branch on a weekday; most counters are closed on weekends and holidays. 2. Bring your ID and proof of purpose: for salary, a certificate of employment or employment contract; for part-time work, your employer's business registration copy or your contract. Check with the bank first. 3. Ask for a debit (check) card and mobile banking at the same visit. 4. If you get a limited account, ask which documents will lift the limits later. Good to know • Some banks let you open an account in their app; this usually needs an ARC and a phone in your own name. • Credit cards are harder to get: issuers look at your visa status, job, income and Korean banking history. • Never give away, sell or lend your debit card, banking logins or certificates; doing so can be a crime under the Electronic Financial Transactions Act. Fraud: call 112. Financial consultation: FSS 1332. Official sources • Easy-to-Find Practical Law – Financial Transactions: https://www.easylaw.go.kr/CSM/SubCcfCmd.laf?csmSeq=2500 • Seoul Foreigner Portal – Finance & Banking (Korean): https://global.seoul.go.kr/hmpg/finf/elsi/bank/contPageDetail.do?conts_no=D33ECD427008493587BA03F2F9A86699 • Electronic Financial Transactions Act (Korean): https://www.law.go.kr/%EB%B2%95%EB%A0%B9/%EC%A0%84%EC%9E%90%EA%B8%88%EC%9C%B5%EA%B1%B0%EB%9E%98%EB%B2%95 Checked by the Verihood team on October 3, 2026. Rules and fees change, so confirm with the official source before you act.