Tuesday, May 1, 2012

Citibank Korea globalizes all ATMs ... spending money in Korea now even easier

Tue, 05/01/2012 - 10:59 — Anonymous by CNNGo staff Banking in Korea just
got more convenient for foreign travelers who bank with Citibank. First time
travelers to the country are often bewildered by how difficult it is to find
an ATM that accepts their foreign card for cash withdrawals, as most local
ATMs don't accept them and "global ATMs" can be found only at a few
select locations throughout the country. Due to a steady and large influx of
inbound travelers to Korea, and the forecast of millions of visitors expected
to arrive for the Yeosu World Expo opening on May 12, Citibank Korea has
decided to globalize every ATM at all of its 220 branches in the country.
Previously, about 10 percent of Citibank ATMs in the country had been
globalized. Korea Exchange Bank, Shinhan Bank and Woori Bank are the only
other local banks offering globalized ATMs, albeit at limited locations.
Citibank is the first in Korea to globalize all of its ATMs.read more

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