Smart Money & Cost-saving Series – Part 2

Explore korean culture and tourist attractions with and wellness tips

Best Mobile Banking Apps for Foreigners in Korea (2025)

1. Why Mobile Banking is Crucial for Foreigners in Korea

Many foreigners in Korea find in-person banking difficult due to:

  • Language barriers
  • Limited foreigner services
  • Inconvenient business hours

Mobile banking apps offer 24/7 access to your account,
but not all are designed with foreigners in mind.


2. Key Features to Look For

Before downloading a banking app, check for:

  • English or multilingual support
  • Sign-up with ARC or passport
  • Real-time transfers & balance checks
  • Low or no fees for domestic transfers
  • International remittance support

3. Top 3 Mobile Banking Apps for Foreigners (2025)

1) Shinhan SOL (신한 쏠)

  • English interface
  • Sign-up with ARC + Korean number
  • Reliable, supports international transfers
  • Live English chat support on weekdays

2) KB Star Banking (국민은행)

  • Basic English interface
  • Good for existing KB customers
  • Limited functions in English
  • Best for users who opened their account in person

3) Toss Bank (토스뱅크)

  • Fully digital, intuitive UI
  • Minimal English support (but growing)
  • Great for budgeting, free ATM withdrawals
  • Recommended for tech-savvy users with basic Korean

4. Common Problems Foreigners Face

  • Apps and messages in Korean only
  • Phone number not matching ARC name
  • Authentication failures
  • App crashes or verification issues

5. Goldnuri’s Tips

  • Register phone number under your own ARC
  • Turn on biometric login (face/fingerprint)
  • Use Papago to translate error messages
  • Visit a branch to get help with app setup if needed

Summary

In 2025, Shinhan SOL remains the most balanced app for foreigners,
while Toss Bank is ideal for digital-native users.
Start with a bank that supports foreigner registration—then build your mobile banking experience with confidence.