QUOTE(yawha @ Nov 30 2011, 05:20 PM)
Hi I am currently in Seoul and I have walk into a Hana Bank and they said exchange from ringgit is not possible. So I am not sure what is happening. Which Hana bank have you went to?
That's weird. The Hana Bank branch i went to is located inside D Cube Shopping Centre in Sindorim. I stayed at Sheraton Seoul D Cube and the hotel is inside that building. So it was very convenient for me.
The first thing i asked when i walked into the branch is whether they buy foreign currency at this branch and they said yes. I was then asked what currency i wanted to sell and i answered Malaysian Ringgit. They gladly said can... can and asked me to have a seat. The branch manager also came out because the teller attending me didn't speak much English.
It is very likely the staffs at that particular Hana Bank branch you walked into has never dealt in selling or buying MYR. So they thought they can't buy MYR.
QUOTE(yawha @ Nov 30 2011, 05:20 PM)
And, you did mentioned about u flying with Asiana Airlines, is that the reason why u are getting 2.753?
Thanks in advance.
Yes. That is the preferential rate for Asiana Airlines passenger. Without the preferential rate, the rate quoted to me was 2.83. Once i took out my Asiana Airlines boarding pass and showed it to the branch manager, he said ah... Asiana boarding pass, special rate special rate
By the way, before that i sold some of my MYR at one of the many Hana Bank foreign exchange booths at Incheon Airport. So i know that Hana Bank is one of the few Korean banks that actually buy MYR in cash. The rate quoted at their foreign exchange booth at the airport is slightly higher than their branches in downtown Seoul even with the Asiana Airlines 50% preferential rate. So it is recommended that one sells their MYR at Hana Bank in downtown Seoul.
QUOTE(stimix @ Nov 30 2011, 06:00 PM)
Haha, he got it bcos he is Asiana customer mah. Most probably Hana bank already tied up wth Asiana air and giving customer of Asiana option to convert their Currency to Won at market rate without any commission. So if you are not Asiana customer & walk to Hana bank, chances of getting RM converted probably no lor
The actual market rate is even lower. That is why they can sold me the KRW for just KRW1,000 = RM2.753. So one can imagine just how much those money changers in Malaysia can actually earn if many people buy KRW from them
By the way, Hana Bank also can buy MYR (cash) even if you are not an Asiana Airlines passenger. Just that the rate will be higher.
This post has been edited by MilesAndMore: Dec 1 2011, 12:17 AM