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Effective from date: Offer open date: Offer open date: Effective open date:. That still depends on the rates on the airport exchange banks i. Incheon Airport which normally have low rates. Some would say that departure area foreign exchange booth has better rate than the one in arrival area.

For Seoul, you can exchange few bucks in the airport for your transportation to the city. Type 3: Traveler who prefers cash less transaction. Make sure that your ATM or credit card has been activated to be used on international transaction, call your bank to activate this service. Same goes for those who are using credit card transactions, you need to notify them about your travel advisory prior to your flight.

Otherwise, your transaction may not go through or be tag as fraud.

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Upon your arrival, you can just go to a partner ATM machine, and your PhP money will be automatically converted to local currency i. KrW , ready for your withdrawal. Ask your provider o know the allowable maximum amount that you can withdraw when going abroad. Keep in mind that multiple withdrawals means multiple deduction, just stick on your planned budget and refrain from over spending. Warning: When traveling on high-season like autumn for Korea, most are experiencing scarcity of won even on banks. Just make sure to have enough allowable time for your banks to reserve the won you need before your flight.

I normally do the reservation notice 1 month before my flight. I personally started as Type 2, then I'm moving to be Type 1. However, I have read this comment in Trip Advisor, " I don't understand the concept that people buy a currency for a country before they arrive?

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Are you worried they won't have any more when you land? For me, I guess it is more of paranoia or just being ready that I have money to spend in that point in time. I don't want to use credit card because HSBC rates are just too high when converting the charges. If in case I'm too hungry upon arrival, I still have to line up for the money changer before buying the food. Or if my flight was delayed and I need to catch the last train heading to the city, instead of having an instant cash to buy the ticket, I still have to line up for the money changer or ATM machine.

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It will all depend on what type of traveler you are when it comes to preparation upon arrival or spending money or if you have enough time to spend at the airport to do the queues. Anyway, just enjoy the moment and seize the situation you'll be up to.

Read more discussion on Trip Advisor Threads:. Exchange Currency in Seoul. Exchange Rate in Incheon What to do with your left over money? Make sure to spend your remaining coins in buying snacks at the airport or when playing with the telephone booth.