Useful tips for touring in KOREA

Tax

Value-added tax (VAT) is levied on most goods and services at a standard rate of 10% and is included in the retail price. In tourist hotels, this 10% tax applies to meals and other services and is added to the bill.

Tipping

Tipping is not a traditional custom in Korea. All tourist restaurants and hotels will add a 10% service charge to your bill. Tipping a taxi driver is also unnecessary unless he assists you with luggage or provides an extra service.

Currency

The Korean local currency is the Won. Major foreign currencies that can be exchanged at banks, hotels, and the airport include the US Dollar, Japanese Yen, Euro, and UK Sterling. Most hotels, restaurants, and shops accept major international credit cards including Visa, American Express, Diners Club, Master Card, and JBC. Foreign-issued ATM cards may have limited use.

Traveler’s Checks

Accepted, but may be difficult to change in smaller towns. To avoid additional exchange rate charges, travelers are advised to take Traveler’s check in US Dollars. The exchange of foreign currencies may be made at Gimhae International Airport and Standard Chartered Bank BEXCO Branch. [Banking hours: 9:30 AM ~ 4:30 PM, From Monday to Friday; +82-51-741-9966]

Electricity

The electricity supply commonly used in Korea is the 200-volt 60Hz system. Because most newly built hotels and houses have 220-volt wiring installed, you are advised to check your electronic equipment beforehand.

Telephone

001(International Access Code) + Country Code + Area Code + Remaining Digits

Business Hours

Government office hours are usually from 9:00 to 18:00 on weekdays. Banks are open from 9:00 to 16:00 on weekdays. Most stores are open every day from 10:30 to 20:00, including Sundays.