🇰🇷 Monzo in South Korea [Wiki]


(Mike) #1

This is a wiki crowdsourced by the Monzo Community to help you travel with Monzo.

Just like Wikipedia, anyone can edit it to help out others. If you have any tips or feedback for visiting South Korea with Monzo, please feel free to edit this guide. You can also add a comment t or question below — someone will then incorporate your comment into the main text below and then delete your comment. To create your own “Monzo in …” guide if one doesn’t already exist, just copy this template into a new post and write away!

Safe travels! :wave: :airplane:


Currency

South Korea’s currency is the South Korean won (₩)

The going rate can be found on the Mastercard exchange site.

Card usage

The current account card is not currently working with a number of merchants in South Korea. We’re working hard on fixing this but have no definitive timeline for the moment.

ATMs

  • Most ATMs provide the ability to select a language.
  • ATMs are generally located inside of branches.
  • When using the machines, selecting ‘Checking Account’ is advised.
  • The majority of ATMs utilise magstripe so be sure to enable it every 24 hours!
    ATMs in convenience stores don’t work with Monzo even when marked ‘global’. You need to use a bank. If there is a row of them look for the one with the different writing over the top. This will be the global card reading machine

Payment and withdrawal limits

All Monzo cards have some payment and withdrawal limits. To check yours before you leave, go to your Profile section of the app and tap on Limits.

Crowdsourced merchant data

Data can be patchy due to mapping restrictions in the country against foreign data use/exporting.

Miscellaneous


To edit this guide, just tap the pencil icon below. Alternatively, add a reply with your comments and someone from the community will incorporate your suggestions into the guide and then delete your comment.


Monzo in South Korea