Suwon

๐Ÿง

ATMs and Withdrawals

How to locate ATMs, access cash withdrawals, and any fees associated with foreign transactions in Suwon.

Sections

1. ATM Availability in Suwon

  • Locations: ATMs are widely available throughout Suwon, including at banks, convenience stores (e.g., CU, GS25, 7-Eleven), shopping malls, subway stations, bus terminals, and near tourist attractions like Hwaseong Fortress.
  • 24/7 Access: Many ATMs, especially those in convenience stores and major transportation hubs, operate 24/7. However, ATMs located inside bank branches may only be accessible during banking hours (typically 9:00 AM to 4:00 PM on weekdays).
  • International ATMs: Look for ATMs with the "Global ATM" or "Foreign Card" sign, as these are equipped to handle international cards.

2. Supported Currencies

  • Korean Won (KRW): ATMs in Suwon dispense only Korean Won.
  • Currency Exchange: If you need foreign currency, youโ€™ll need to visit a bank or a currency exchange office. Some major banks like KEB Hana Bank and Woori Bank offer currency exchange services.

3. Fees and Charges

  • ATM Fees:
    • Domestic cards: Fees range from 500 KRW to 1,200 KRW per transaction, depending on the ATM and time of use (higher fees may apply outside regular banking hours).
    • International cards: Fees typically range from 3,000 KRW to 5,000 KRW per transaction, depending on your card issuer and the ATM operator.
  • Foreign Transaction Fees: Your home bank may charge additional fees for international withdrawals, so check with your bank before traveling.
  • Tip: Use ATMs at major banks (e.g., Shinhan Bank, KB Kookmin Bank, or Woori Bank) to minimize fees.

4. Withdrawal Limits

  • Per Transaction: Most ATMs in Suwon have a withdrawal limit of 1,000,000 KRW per transaction for domestic cards. For international cards, the limit is usually lower, around 300,000 KRW to 700,000 KRW, depending on the ATM and your card issuer.
  • Daily Limits: Your home bank may impose a daily withdrawal limit, so check this before traveling.

5. Operational Hours

  • Bank ATMs: Typically available from 9:00 AM to 10:00 PM, though some may close earlier.
  • Convenience Store ATMs: Operate 24/7, making them a reliable option for late-night withdrawals.

6. Language Options

  • Most ATMs in Suwon offer multiple language options, including:
    • Korean
    • English
    • Chinese
    • Japanese
  • Tip: Look for the "Global ATM" sign, as these machines are more likely to have comprehensive language support. The language selection screen usually appears at the start of the transaction.

7. How to Use an ATM in Suwon

  1. Insert your card (chip or magnetic stripe).
  2. Select your preferred language.
  3. Choose the type of transaction (e.g., withdrawal, balance inquiry).
  4. Enter your PIN.
  5. Select the amount you wish to withdraw.
  6. Confirm the transaction and collect your cash and receipt.

8. Tips for Using ATMs in Suwon

  • Carry Cash as a Backup: While Suwon is highly modernized, some smaller shops, street vendors, and traditional markets may only accept cash.
  • Check for Compatibility: Ensure your card is compatible with South Korean ATMs. Look for logos like Visa, MasterCard, Cirrus, or Plus on the ATM.
  • Avoid Peak Hours: ATMs near busy areas like subway stations can get crowded during rush hours (7:00 AMโ€“9:00 AM and 6:00 PMโ€“8:00 PM).
  • Be Aware of Skimming Risks: While rare in South Korea, always inspect the ATM for any suspicious devices and cover the keypad when entering your PIN.
  • Keep Small Bills: ATMs typically dispense 10,000 KRW and 50,000 KRW notes. If you need smaller denominations, visit a bank or use the change machines available in some convenience stores.

9. Cultural Considerations

  • Politeness: If thereโ€™s a queue for the ATM, wait patiently and maintain a respectful distance from the person using the machine.
  • Receipts: Many locals opt not to take their receipts to reduce paper waste. If you donโ€™t need yours, you can leave it in the designated bin near the ATM.
  • Bank Holidays: On Korean public holidays, bank-operated ATMs may have limited service hours. Plan ahead if youโ€™re visiting during major holidays like Chuseok or Lunar New Year.

10. Noteworthy Landmarks and Facilities

  • Hwaseong Fortress Area: ATMs are available near the main tourist information centers and convenience stores around this UNESCO World Heritage Site.
  • Suwon Station: A major transportation hub with numerous ATMs, including international-friendly machines.
  • AK Plaza and Shopping Malls: These locations often have ATMs with 24/7 access and language options for foreign visitors.

By following this guide, youโ€™ll find it easy to access cash and manage your finances while exploring Suwon. If you have further questions or need assistance with other aspects of your visit, feel free to ask!