Living in Korea: Key Terms
은행 계좌
eunhaeng gyejwa · Bank account
What it is
A Korean bank account is needed for rent, salary and most online payments.
Where newcomers get stuck
Banks usually ask for your residence card, and new accounts may have limits at first.
What you need
Residence card or passport, phone number, and sometimes proof of work or study.
Useful sentence
계좌를 만들고 싶어요.gyejwareul mandeulgo sipeoyo.I'd like to open a bank account.
Rules and costs change and vary by district and building — no prices here. Check with your agent, building office or the official sites before you decide.