Sunday, May 06, 2012 -
money / banking,subway,survival tips
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Spare Change
Because I am always working during the hours that the bank is open, I've never worked out a good plan for how to get rid of spare change. For a while, I would use the change to fill up my T-Money card. T-Money is accepted on the subway, busses, and many convenience stores. It's a nice idea, but it accumulated over 50,000w and it keeps rising. (nice problem to have, eh?) I know that some convenience stores can refund up to 20,000w if you give up (forfeit) your card. Refunds over 20,000w require a trip to the T-Money corporate office in SEOUL. ;;;
Here is my ridiculous scheme:
I use the big 10w coins in the school drink machine.
I use the small 10w coins when I go shopping.
I use the 50w and 100w coins to charge my T-Money card.
I keep the 500w coins on the off chance I will actually be able to visit a bank.
Update:
For what it's worth, KB bank does have change counting machines. At the location in Jungang, it is inside the bank itself with only Korean language menu screens. At the location near Homeplus, there is one OUTSIDE the bank with an English option. However, the ATMs there on the second floor shut down when the bank is closed. They pull down a garage-style door over them. Hard to say why those ATMs close at a different time than the ones on the first floor do. It's also hard to say why they close at all.
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