Visiting Korea > Your Arrival in South Korea

Currency Regulations


Currency Regulations

Passengers entering Korea who are carrying foreign or Korean currency valuing over USD10,000 must declare it to a Customs official.

Departing non-residents of Korea, who are carrying foreign or Korean currency (including traveler's or bank checks) valuing more than USD10,000 must obtain permission from the bank of Korea or Customs, not including any amount carried into Korea and declared on arrival, which may be carried out without declaration to Customs.

Residents of Korea must declare any currency or negotiable checks more than USD10,000 upon departure.  Failure to abide by these regulations could result in fines or other penalties under the Foreign Exchange Transactions Act.

K4E Editor: Korea4Expats.com tries to ensure that the information we provide is accurate and complete, so should you notice any errors or omissions in the content above please contact us at info@korea4expats.com. Please note that government regulations and proceedures may have changed from what has been described above or may not apply in all situations/cases. K4E recommends that you check with the appropriate government office and/or officials prior to going forward.  

Image Source

Last Updated on 2013-04-07


In the same header
Airport Trains To-From Seoul Station Arriving at Incheon or Gimpo Airport
By Bus From Incheon Airport Currency Regulations
Entering Korea, Immigration-Customs Korea Prepaid SIM Card
Mandatory TuberculosisTests Passport and Visa Requirements, Korea
PGA Tour - CJ Cup, 19-22 Oct 2017, Seogwipo, Jeju-doPGA Tour debut golf event on Jeju Island's Nine Bridges Country Golf Club
Stories and Teachings of Munindra, Sat 21 Oct 2017, Jung-gu, SeoulPeace and Happiness Are Possible: Stories and Teachings of Meditation Teacher Munindra
At the Movies This Week - SeoulClick here for a list of English language/subtitled movies and where they are playing in Seoul. For...
Ronn Branton Jazz Christmas Concert, 24 Dec 2017, Enter the K4E draw to win 2 free tickets. Entry deadline 30 November.
Advertisement
Taejon Christian International School
JZ Associate
Korea International School-KIS, PK-12 English, Pangyo, Gyeonggi-do
A Plus Dental
Seoul Foreign School, K-12 English School, Seodaemun, Seoul
I want to convert
KoreanClass101 - An online Korean learning system
EnglishClass101 - An online English learning system
Cocoonfice, Business Center, Gangnam-gu, Seoul
Helpul telephone numbers seoul korea
Directory