Thursday, May 3, 2012

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

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.

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