Long term vs short term use


#1

Hey! I’m planning to emigrate to South Korea and was wondering is the Monzo best for the next 1 month or so whilst getting my bearings or would a South Korean back account be best long term?

Many thanks monzo community


Monzo in South Korea
(Rika Raybould) #2

From experience with both Korea and Japan, you’re always best off opening a local bank account as soon as reasonably possible if you’re going to be staying. Monzo will likely be able to carry you until then though. :slightly_smiling_face:


(Sy) #3

I concur with the renowned RichardR

I have found it easier when abroad longer term to get a local account