Korean Banks in Dire Straits
Here is a closer view of the sticker which shows that it should accept most cards, especially ones fromt the U.S., right?
But put your card in, and all you get is a prompt which reads that machine only deals with domestic cards, as shown below.
You can see that it only allows you to choose a transaction for a domestic card. I went in to ask the people in the bank and they of course dismissed me as an idiot and that it was my fault. So they went down to show me how to use it, and then realized it didn't work. At that moment, a manager happened to walk by, and he took a look and then said he couldn't tell me for sure when it would be fixed, but they would work on it. You would think it wouldn't be that difficult in this age of easy communication and technology to link that up to the proper system. I could call my bank in the U.S. on my cellphone, why can't they hook their ATM up? The crazier thing is, both KEB and Korea First Bank (the other one in my building) are owned by foreign entities (albeit KEB's owner, Lonestar is a currently unhappy owner, trying to sell, but owner nonetheless). So their own CEO couldn't come get money out on his credit card if he wanted! And the Korea Exchange Bank? What's up with their machine not working? Anyway, go figure that many subway stations carry an ATM which allows withdrawals from any card in the universe, but the banks can't get their act together. No wonder the banking industry has so many problems here... Alan Greenspan needs to come kick some Korean banker butt.
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