Bank transfers

As pointed out earlier, Korea is a small country. There are many advantages to living in a small country. One is the ease of transferring money to other people's bank accounts. You can send money to anybody, at any time, using your bank's ATM.

There are few enough banks that nearly all of them fit easily on one screen.

Once you've selected the bank, you enter the recipient's account number.

Then the amount:

A confirmation screen shows you the name of the account holder, so you can be sure you are sending the money to the right account.

(Account number and account holder name deliberately blurred.)

The service charge is trivial: less than fifty cents.

This method of sending money around is so convenient that it's the default method for making payments for most bills. It's how I pay my rent to Herren Haus. What I was doing when I took the above photos was paying the bimonthly milk bill (about US $20) to the boy's daycare.