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한국어

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.

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