Supplementary information:
1, the basic unit of won is won. The monetary unit in Korea is "_", which is written as "circle" in Chinese characters and "won" (_) in pinyin. Sometimes I still use the old name "Huan" (_, Hwan). The international currency abbreviation of Korean won is KRW.
2. Korean coins include 1 won, 5 won, 10 won, 50 won, 100 won, 500 won and 6 currencies. (Because the exchange rate of Korean won is worthless, 1 yuan and 5-yuan coins stopped circulating in February 2006. )
3. The best two ways to bring money: one is to bring RMB cash; Second, take a debit card (UnionPay card) to withdraw cash in Korea. It is not recommended to bring dollars here, because there are few places where you can settle in dollars when spending in Korea; In addition, some people will bring a credit card (Visa or Madter), but there will be two handling fees when settling accounts (one is when RMB is exchanged for US dollars, and the other is when US dollars are exchanged for Korean won), so it is very uneconomical to settle accounts by credit card abroad.
Extended data:
1. Is there a handling fee for foreign currency exchange?
There is no handling fee for exchanging foreign currency in the bank, as long as it is a bank with foreign exchange business. Whether the exchange is appropriate or not can be decided according to the foreign exchange rate on the exchange date.
According to Article 2 of the Detailed Rules for the Implementation of the Measures for the Administration of Individual Foreign Exchange, the annual total amount management is implemented for individual foreign exchange settlement and domestic individual foreign exchange purchase. The annual total is equivalent to 50,000 dollars per person per year. The State Administration of Foreign Exchange may adjust the annual total according to the balance of payments.
The settlement and purchase of foreign exchange within the individual's annual total amount shall be handled at the bank with his valid identity certificate; If it exceeds the annual total, it shall be handled in accordance with Articles 10, 11 and 12 of these Rules under the current account, and in accordance with the relevant provisions of "Personal Foreign Exchange Management in Capital Account" of these Rules under the capital account.
Two. Detailed Rules for the Implementation of the Measures for the Administration of Foreign Exchange for Individuals Article 11 If the non-operating settlement of foreign exchange in the current account of overseas individuals exceeds the total annual amount, they shall go to the bank with their valid identity documents and the following supporting materials:
(1) Rent expenditure: housing lease contract, invoice or payment notice registered by the housing management department;
(2) Living expenses: contracts or invoices;
(3) Medical and study expenses: proof of domestic hospital (school) fees;
(4) Others: relevant certificates and payment vouchers.
On August 9, Shangdao Venture Capital