QUOTE(MilesAndMore @ Dec 1 2011, 12:09 AM)
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.
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.
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.
MilesAndMore,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.
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.
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.
Thanks for the explanation here.
I will try and visit D Cube shopping centre tomorrow. Finger cross that nothing went wrong and I shall be able to get the money changed. Will update you if I manage to do that so that more people know that this is possible.
Thanks ya.
Dec 1 2011, 08:40 PM

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