Korea Post Office is a government agency offers national postal services, but also financial services, deposit, and insurance. It's similar to Deutsche Postbank in Germany, South African Post Office Bank in South Africa and Japan Post Bank(ゆうちょ銀行) in Japan.

Before you visit a post office for banking service, you must notice if the post office is only for post service or not. If there's a post office where '우편취급국' is written on its sign, instead of '우체국', you can't get banking service from it. But some 우편취급국 offers insurance services. |Post Office Sign

I recommend this bank to you because ...

  • This bank provides free internet banking to all their customers. (10 times a month)
  • There's no limit of deposit insurance. Your account will be protected by the government regardless of your balance.
  • Their cards provide cash back benefit at Korean Post office.
  • This bank is a Korean government agency.

But you must consider these before banking with this bank ...

  • This institution does not offer a credit loan product.
Category
정부기관(Government institution)
KFTC Network ID
071
SWIFT Code / BIC
SHBKKRSEKPO
Telephone number
1599-1900 , 1588-1900
Telephone number (Overseas)
82-42-612-6000
Website
https://www.epostbank.go.kr/

수신/이체 관련 수수료(Basic banking fees/Local transfer fees)

Subject Fee Note
Monthly service fee Always free
Online, smartphone transfer to 우체국예금보험 account Always free It's always free regardless of account holders and branches.
Online, smartphone interbank transfer 500 KRW
Automatic interbank transfer 300 KRW

카드 관련 수수료(Card fees)

Subject Fee Note
Issuance of a check card Always free