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About Open a Bank Account in Korea

Do I need a Registration Card(RC) to open an account?
No, you can open it right away.
Many students believe that they must prepare the Registration Card(RC) to open Korean bank account. However, for students who are issued a RC through HireVisa, it is possible to open a bank account even before the card is issued. To receive this benefit, do not forget to make a reservation before your visit.
Do I need a Korean phone number to open an account?
Also, not true.
Students with HireVisa can also open an account even without a Korean phone number. However, if the lack of a Korean phone number is causing inconvenience, HireVisa can help you obtain one, so please contact the Help Center.
Do I need a Korean bank account to receive refunds for dormitory or housing deposits?
Yes, you do.
For students living in a school dormitory or who have paid a deposit for housing, it is necessary to have a Korean bank account in advance to receive the deposit back when moving out. In particular, for safe transactions involving large sums such as deposits, it is advantageous to open an account as early as possible.