I have student loans and other payments I am responsible for here in the U. S/Canada. How can I take care of these while I am in Korea for a year?
->Through your bank account, you could send money directly to the schools or you could send the money to your friends, family, who could pay these bills for you.
How can I open a bank account?
->It is very simple. You need to bring a passport and current Korean address to open your account at any bank. All banks start from 9:30 a.m. to 4:30 p.m. Most of the bank staff can speak English to help you open your bank account or other services without having any communication problem.
Will I be paid in Korean won or some other currency?
->You will be paid in Korean Won.
Can I exchange Korean Won to U.S/Canada Dollars?
->Yes you can exchange Korean won into Us, Canadian Australian, British, and other foreign currencies however there will be no need for you to convert Korean won during your stay here.
How much money should I bring to Korea?
->Bring enough money to survive until your first full month’s salary, which is usually 4-6 weeks after your start date. 1000-2000 $ is usually a good amount, buy some U.S. or Canadian travelers checks and convert them into Korean won at the bank.