- Dec 8, 2003
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I've got about a million won in S. Korea that I left there when I returned from my study abroad semester. I'm planning on cashing in on it when the exchange rate gets better. It's sitting in an account with KB Star (Kookmin Bank). What's the best way to get it back with the least fees etc? If I do a bank transfer, then it becomes USD at the time of transfer, which is okay but I suspect that there are lots of fees involved with bank transfers. I have a friend who is going back to Korea over Spring Break and she could bring back the whole sum as cash, and then I could wait and do the transaction here at an exchange bank. Which way do you think will involve the least fees? Anybody have experience with foreign transfers?