Opening a Bank Account in Korea as a Foreigner 2026
Requirements differ depending on your residency status and purpose.
Personal Account (Foreign Residents)
| Document | Notes |
|---|---|
| Passport | Original |
| Alien Registration Card | Issued by immigration |
| Proof of address | Lease agreement, utility bill |
Short-term visitors (tourist/business) may only access restricted accounts.
Corporate Account (Foreign-Invested Company)
Bring: business registration certificate + corporate registry + foreign investment declaration. A foreign exchange account is required for international transfers.
Recommended Banks
- KEB Hana / Woori Bank: Strong multilingual service
- IBK Enterprise Bank: Specialist in foreign-invested SME accounts
- Shinhan / Kookmin: Best mobile app experience
Always call ahead — document requirements vary by branch.
Contact: investkorea.co.kr / +82-2-363-2251