To transfer funds from a Kookmin Bank account to your Ellis bank account, please follow the steps below.
1. After logging in to your Kookmin Bank account through the Kookmin Bank app, click 'International wire transfer'
2. Click 'International wire transfer'
3. Click 'New international wire transfer'
4. Click 'International wire transfer' on the pop-up message
5. Select 'Agree' to the terms and conditions for international wire transfers and press 'Next'.
6. Enter sender's full name, billing address, and contact number
'Sender Name' is the name of the Kookmin bank account holder.
'Sender address' is the Korean billing address of the Kookmin bank account holder.
'Sender Contact No.' is the mobile number of Kookmin bank account holder.
7. Enter your full name and billing address
'Receiver Name' is the name of the Ellis bank account holder.
'Receiver address' is the US billing address listed in the Ellis app, which can be viewed if you click 'Virtual Card' or 'Physical Card'.
'Receiver Contact No.' is the mobile phone number of the Ellis bank account holder.
8. Select Remittance Type
If the amount is less than 5,000 USD, select 'Less than USD 5,000 Equivalent Amount'. If the amount is more than 5,000 USD, select 'Living Costs for Overseas Student'.
9. Select the type of account details as 'International Bank Name and Address'. Select 'Receiving Bank Country' as 'US'.
'Receiving Bank Name' is Blue Ridge Bank.
'Receiving Bank Address' is listed in the Ellis app, which can be viewed if you click 'Bank transfer'.
10. Enter your Ellis bank account details, as displayed in the Ellis app.
You can find your Ellis bank account details in the Ellis app, by clicking on the 'Money' tab and selecting 'Bank transfers'.
11. Select currency as 'USD' and input the amount you'd like to send to your Ellis account.
All transfers to your Ellis account must be in USD.
12. Select 'Sender - KRW' as the commission for the intermediary bank
This ensures that the wire will land in your Ellis account as the transferred amount.
13. Input the PIN code of your Kookmin Bank account
14. Click 'Confirm Payment'
Once confirmed, you're all done! The wire amount should be reflected in your Ellis account balance in 1-3 business days (excluding weekends and bank holidays).