Using Foreign Cards at ATMs in Korea: Key Tips and Information



If you're visiting or living in Korea, it's essential to understand how to use ATMs effectively. In Korea, ATMs can be easily found at major banks and convenience stores. Machines with a Visa or Mastercard logo are usually compatible with foreign cards. Bank ATMs generally offer lower fees and higher withdrawal limits, which can be beneficial for managing your travel expenses. Before using your card, it’s wise to check the fees and withdrawal limits in advance. Make sure to verify international transaction activation and partnership agreements with your bank before departing. This guide will provide you with detailed information about how to use ATMs in Korea and offer tips on minimizing fees.




Major Banks KB Bank, Woori Bank, Shinhan Bank, KEB Hana Bank
Convenience Store ATMs 7-Eleven, CU, GS25 - Higher fees may apply

Using ATMs in Korea as a foreigner can be straightforward if you know where to look and what to do. Major banks such as KB Bank, Woori Bank, Shinhan Bank, and KEB Hana Bank provide reliable ATM services compatible with international cards, especially those with Visa or Mastercard logos. Using bank ATMs is highly recommended for better exchange rates, higher withdrawal limits, and lower fees compared to convenience store ATMs. It’s always best to plan your withdrawals from these locations to minimize costs.



Convenience store ATMs are another option, but they tend to have higher fees. ATMs located in places like 7-Eleven, CU, and GS25 are more accessible but may charge additional fees for international cards. Before using these ATMs, make sure you are aware of the transaction costs to avoid unnecessary expenses. Furthermore, some convenience store ATMs might not support all card types, so it’s essential to choose machines displaying compatible logos.




Key Points

To maximize your savings, always check if your bank has a partnership with Korean banks for reduced fees. Additionally, activating international transactions before leaving your country is crucial. When making withdrawals, it’s advisable to take out larger amounts at once to minimize transaction fees. Always ensure your card’s PIN is set to four digits as some ATMs in Korea do not accept longer codes.



Major Banks Convenience Store ATMs Tips to Save Fees
KB Bank, Woori Bank, Shinhan Bank, KEB Hana Bank 7-Eleven, CU, GS25 Withdraw larger amounts to reduce fees
Lower fees, higher limits Convenient but costly Check international transaction settings


Can I use my foreign card at any ATM in Korea?

Yes, but not all ATMs accept foreign cards. Look for ATMs with the Visa or Mastercard logos. Major bank ATMs are more likely to support international cards than convenience store ATMs.



What should I do if my ATM card gets stuck?

If your card gets stuck in an ATM, immediately contact the bank's customer service. Note the ATM’s location and details. If it's a convenience store ATM, store staff may assist you, but contacting your card issuer is essential.



Are there limits on how much I can withdraw from ATMs?

Yes, the daily withdrawal limit for foreign cards is typically around 1,000,000 KRW (approximately 750 USD). However, each bank may have different policies, so check with your bank beforehand.

Whether you are traveling in Korea or staying for a longer period, knowing how to use ATMs efficiently can save you time, effort, and money. Always check the fees, look for compatible ATMs, and plan your withdrawals wisely. For maximum savings, try to use bank ATMs and be aware of your bank’s international policies. Safe travels and happy exploring!



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Have you had any experiences using ATMs in Korea? Share your tips and questions below. Your insights can help other travelers make the most of their trip!



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#KoreaATMs #TravelTips #UsingATMsAbroad