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Foreigners who have stayed in Korea for 6 months or more and are currently employed by a duly organized Korean company with proper immigration visa status.
Former foreigner resident who have re-entered Korea within six months for residing in Korea for at least another six months.
Deposit Accounts in Korean Won
Allowed to open all types of accounts including trust accounts except tax preferential accounts. Access accounts through automated teller machines (ATM) at any of NACF's branch offices and Member Cooperatives. Can deposit, withdraw and transfer between accounts nation-wide.
Deposit in foreign currency
Customers are : Allowed to open an account denominated in foreign currencies with the remitted foreign cash, checks and bonds. Allowed to open checking, passbook deposit, savings account and time deposit account. Allowed to withdraw and transfer the remittance from the opened account. Required to verify real name of account holder with a valid passport.
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