Installing NH Smart Banking Android App

1. Download the NH Smart Banking App from the Android App Market. Search for "NH" and download the app labeled "NH 스마트뱅킹".


2. Using Windows and Internet Explorer, visit http://banking.nonghyup.com


3. On the Nonghyup webpage open in Internet explorer. Be sure to have your USB key inserted as if you were checking your account online. If you do not have a USB key, you must go to a branch and set up internet banking. Be sure to bring a USB key to the branch.


4. On the bottom of the Nonghyup site, look to the bottom right for a small phone icon which says 스마트뱅킹 next to it and click it.


5. Next, after a few moments of processing and a couple automated page loads, find the OS list of options on the right hand side of the page. Click the little Android dude.


6. After clicking the Android link, a new page will load. It will have a super annoying pop-up which looks like this. Close it by clicking the close link on the bottom right of the pop-up.


7. Click on the purple USB key looking link. It will open a new page/tab. When asked about the security warning, click "yes".


8. A new window will pop up over Internet Explorer. Click on the dropdown next to the floppy A: button and select your USB key from the dropdown.


9. Log in as you would to check online banking.


10. On the Android Device, open up the installed app. It will self install V3 security software. Next, on the bottom of the screen is a picture of a padlock. Hit that shit up. Choose the first of two options under the new screen.


11. This window will pop up. In the top series of boxes, enter in the code displayed on the android device. In the second series, enter in your bank account ID number. Usually it starts with the first set of numbers found on your ARC card. Click the "next" button on the bottom, the one on the left.


12. Next, make up a unique password. Enter it in twice and continue. 


13. Back on the android device, hit the green button under the serial you already eneterd in. You will be asked for that same password on the android device. Enter it in and hit the button on the left. Hit OK. Next hit the Home button on the android device on the bottom left of the screen. Next hit the magnifying glass button on the top left. Choose the first option. It will ask if you want to enable push notifications. Left button means yes, right button means no. You should no be looking at your account balance!

Transfer Money Abroad from a Nong Hyup Korean Bank Account

A lot of foreigners are concerned about transferring money from their Korean bank accounts to their accounts back in their home country. There are also a lot of rumors about certain banks being unable to transfer money, etc.

Upon arriving in-country, the EPIK orientation program opened accounts with Nong Hyup (logo above) for us with our passport numbers instead of our alien registration card (ARC) numbers as they had not yet been issued at orientation. Nong Hyup is not the best bank in the country, per se, as there are other banks with better English websites and cheaper transfer rates, but it is the most ubiquitous bank in South Korea.
To address two rumors:

• Contrary to what the folks working at the Nong Hyup branch in Yecheon told me, there is an English website
• Contrary to what most of the folks in the EPIK program would have you believe, including the people who work for EPIK, it is  possible to transfer money to a bank in one's home country from a Nong Hyop account.

I was very enthusiastic to find that not only was it possible, but it also only cost $30 to transfer online, as opposed to the $60 I paid in fees to both Nong Hyup and Wells Fargo when transferring in-person.

Assuming you already have access to Nong Hyup online to check your balance (you must visit a bank branch in order to obtain this access), here is a set of instructions on navigating the process. Big thanks to Jacky for helping through this process myself.

1. Go to banking.nonghyup.com in Internet Explorer 6 or 7 on a Windows machine.
2. Click on "Global banking" at the top right of the page, click English
• If you have checked your balance before, you should have already installed any necessary security software
3. Click "Log-in" at the upper left hand of the page. Find your digital certificate and enter in your password as if you were checking your balance.
4. Click the "NH Bank" logo at the very top left of the page. You will remain logged in.
5. Again, click "Global banking" and select English.
6. Locate the box towards the bottom labeled "Foreign Exchange"and click the link "Information of Overseas Remittance"
7. On the left hand side, in the navigation menu, select "Overseas Remittance Request"
8. Remittance Type: 1: Small Remittance
• Small remittance is anything less than $1,000. Anything transfer over $1,000 is reported to the U.S. government. To diminished snags and hassles, I recommend keeping transfers under $1,000 and doing multiple transfers over time.
9. Maintenance Branch
• Here, click "Search" next to the field. A new window will pop up. Enter in the town of your closest NH branch in Hangul. If you don't have a Hangul keyboard, use this. For example, I enter in "예천".
10. Foreign Currency: select USD
11. Amount: enter in 999.99 (or whatever amount you wish to transfer)
12. Account Pin: NH Pin
13. Foreign Currency Account Number : Leave the drop down and Amount field blank
14. Beneficiary Name: Your Name
15. Bene Account: American Account Number
16. Bene Address: the billing address registered at your bank in the States
17. Bene Phone: leave blank
18. Bene Email: optional
19. Option: Make sure the "Bank information direct input" radio button is selected
20. Bene Country: Select USA from the drop down
21. Bank Name and Branch: Enter in the bank name and local branch nearest your billing address
• example:
• Wells Fargo
• 2200 W DIVISION ST.
• SAINT CLOUD, MN 56301
22. Bank Code or other info: Enter in your American bank's routing number.
23. Under the Customer Information area, enter in your contact information while in Korea.
24. Leave the "Additional Information" field blank.
25. At the bottom, click confirm

You will be asked to enter in numbers corresponding to the card you received when signing up for online banking that has a bunch of random numbers on it. If you are alerted that you have not selected an NACF option, select the "gift card" radio button. I have no idea what this does but it worked for me.

I have done two transfers and both have shown up in my American account within 24 hours of processing the transfer online.

Gravy.

*Please note all denominations are in USD and regard transferring to an American bank account.