Here are KOTESOL's bank details.
*** Please include your order number when you transfer your payment.***
We can accept money by bank transfer (KRW or USD), PayPal (USD), or Wise (KRW) only. Our current exchage rate is 1 USD = 1,250 KRW.
For Domestic Transfers
Bank Name: KEB Hana (Korea Exchange Bank)
Account Number: 299-890069-83204
Name on Account: KOTESOL
For Wire Transfers from Outside Korea
KEB Hana Bank, Suwon Banking Center Branch*
170 GWONGWONG-RO, PALDAL-GU
SUWON-SI, GYEONGGI-DO, 16488
Phone: 82 (031) 238-8730
* If this branch is not available as an option, any branch should suffice!
*** If you are sending money via international bank transfer, please cover all sender and receiver fees.
SWIFT Code: KOEXKRSE or KOEXKRSEXXX (Head office)
Account Number (Korean Won): 299-890069-83204
Account Number (US Dollars): 299-890048-44938
Name on Account: KOTESOL
Sending Money Online
Paying by PayPal
We are unable to accept credit cards, but we now accept PayPal (through which you can use a non-Korean credit card). Here is our PayPal account (http://PayPal.me/kotesol or treasurer@koreatesol.org).
If you are paying by PayPal, please pay the amount quoted in USD; for consistency and to cover our PayPal fees, we use a standard exchange rate of 1 USD = 1,250 KRW. Please do NOT use online currency exchange calculators.
Paying by Wise
Wise (formerly TransferWise) is a low-fee alternative for online international money transfers. If you choose to use Wise, please designate us as a business recipient. You'll need our bank address (above), KOTESOL's registered address (below), and our treasurer's email address (treasurer@koreatesol.org).
KOTESOL's Registered Address
Sookmyung Women’s University
Injaegwan
102 Cheongpa-ro 47-Na-gil 36
Yongsan-gu, Seoul 04309
Republic of Korea
KOTESOL's business registration number (고유번호): 508-82-60380
Having trouble with the transfer? Contact our Membership Committee chair if you have any questions.
