Study Abroad in South Korea: Banking Guide

Each university in South Korea has a bank that they partner with, and this will most likely be the bank that you will make an account with.
University-Bank Partnerships:
- Yonsei University — Woori Bank (우리은행)
- Ewha Woman's University — Shinhan Bank (신한은행)
- Korea University — Hana Bank (하나은행)
- Seoul National University — Nonghyup Bank (농협은행)
- Hanyang University — Shinhan Bank (신한은행)
- Kookmin University — Woori Bank (우리은행)
- Chonnam National University — Kwangju Bank (광주은행)
How to get a bank account at Yonsei University:
- Make one when you pick up your student ID from Woori Bank on-campus (Note: you will need to come back to the bank to connect your ARC or else your bank account will be limited)
- Wait until you have your ARC and then open an account on-campus
Things you need:
- Student ID (your student ID doubles as a bank card and transit card)
- ARC (only needed for second option as you won't have your ARC when you pick up your student ID)
- Passport
- Address in Korea
- Korean phone number
- SSN card