Here are KOTESOL's bank details.
*** Please include your order number when you transfer your payment.***
We prefer domestic bank transfer (KRW), PayPal (USD), or Wise (KRW). International transfers (USD or KRW) are possible but are more expensive and less reliable.
If you wish to pay by credit card, please use PayPal. If you do not have a PayPal account, please email treasurer@koreatesol.org and include your order number. We will send an invoice via PayPal (USD) that can be paid by card without a PayPal account.
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 (not preferred)
KEB Hana Bank, Suwon Banking Center Branch*
170 GWONGWONG-RO, PALDAL-GU
SUWON-SI, GYEONGGI-DO, 16488
Phone: 82 (031) 238-8730
*** If you are sending money via international bank transfer, please cover all sender and receiver fees.
SWIFT Code: KOEXKRSE
Account Number (Korean Won): 299-890069-83204
Account Number (US Dollars): 299-890048-44938
Name on Account: KOTESOL
Sending Money Online
Paying by Credit Card (USD) or PayPal (USD)
PayPal offers many options for payment, including credit card. Here is our PayPal account: http://PayPal.me/kotesol.
If you do not have a PayPal account and wish to pay by credit card, please email treasurer@koreatesol.org. We can send an invoice via PayPal that can be paid by credit card even without a PayPal account.
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 (KRW)
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, and send the money in KRW. 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.
