April 2019
Contents
While in Korea · Written by Min Yea-Ji, Korea.net Translated by Kim Young Shin, Korea.net Illustrated by Yuhaill
Opening a Bank Account
Jessie has activated her mobile phone service with Su-hyeon¡¯s help, but faces another Korean puzzle: opening a bank account. A bank account makes life in Korea easier through check cards and internet banking, but Jessie needs to understand how to use a one-time password (OTP) or security certificate to protect herself while doing online transactions.
Jessie: Hey, Su-hyeon. I finally got my alien registration card (ARC). I think I look nice in this photo.
Su-hyeon: Congratulations. That¡¯ll make your life easier in Korea.
Jessie: Yeah, I was thinking that the first thing I should do is to open a bank account. I¡¯m running out of the cash I exchanged before I came here. I need it badly.
Su-hyeon: Banks close at 4 p.m. so let¡¯s hurry.
Su-hyeon: Congratulations. That¡¯ll make your life easier in Korea.
Jessie: Yeah, I was thinking that the first thing I should do is to open a bank account. I¡¯m running out of the cash I exchanged before I came here. I need it badly.
Su-hyeon: Banks close at 4 p.m. so let¡¯s hurry.
Teller: Good afternoon. How may I help you today?
Jessie: Hi, I¡¯d like to open an account.
Teller: If you have an ARC, you also qualify for internet banking and debit or check cards. Please fill out these forms to open your account.
Jessie: All done.
Teller: OK. Please enter a four-digit PIN in the machine in front of you. Make sure you don¡¯t use an easily guessable number like your birth date or ID number for the sake of security.
Jessie: Hi, I¡¯d like to open an account.
Teller: If you have an ARC, you also qualify for internet banking and debit or check cards. Please fill out these forms to open your account.
Jessie: All done.
Teller: OK. Please enter a four-digit PIN in the machine in front of you. Make sure you don¡¯t use an easily guessable number like your birth date or ID number for the sake of security.
Teller: Now, please fill out this internet banking form. To conduct internet banking, you need either a security card or OTP card. Which do you prefer?
Jessie: Sorry, but what¡¯s an OTP card?
Teller: OTP is the abbreviation for one-time password. It¡¯s a security device that provides a security code needed to access internet banking.
Jessie: I¡¯ll use OTP to be more secure. Please make me a check card, too.
Teller: Please sign the back of your card before using it.
Jessie: Sorry, but what¡¯s an OTP card?
Teller: OTP is the abbreviation for one-time password. It¡¯s a security device that provides a security code needed to access internet banking.
Jessie: I¡¯ll use OTP to be more secure. Please make me a check card, too.
Teller: Please sign the back of your card before using it.
Jessie: Wow, I finally have a Korean bank account.
Su-hyeon: Congratulations. I¡¯ll show you how to use an ATM with your check card to withdraw money. Many banks provide service in other languages, so you should be fine on your own.
Jessie: Well, I solved another Korean puzzle today.
Su-hyeon: Easier than you thought, right? Let¡¯s eat something delicious for your hard work today. There¡¯s a famous old restaurant that makes great gomtang (bone broth soup). It¡¯s on me today.
Jessie: Yay! Hot soup sounds great.
Su-hyeon: Congratulations. I¡¯ll show you how to use an ATM with your check card to withdraw money. Many banks provide service in other languages, so you should be fine on your own.
Jessie: Well, I solved another Korean puzzle today.
Su-hyeon: Easier than you thought, right? Let¡¯s eat something delicious for your hard work today. There¡¯s a famous old restaurant that makes great gomtang (bone broth soup). It¡¯s on me today.
Jessie: Yay! Hot soup sounds great.
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