Opening a Bank Account

One of issues for Cryptocurrency transaction is a bank account as I stated on a previous article and this is a kind of real name issue practically to avoid any money laundry or abuse of foreign currency control law.

 You need to verify why you need a bank account to open, and usually they used to ask a income sources(like employment contract, or commercial contract) to an individual and a tax certificate for an entity.

Even all of banks may refuse to open a bank account if you said it's for cryptocurrency transaction at a exchange from the 30th of January, but it's happen already.

You can set-up a company or branch to open a bank account easily, and I can provide a service for this without you in Korea as your proxy.


Please contact me always


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Joseph SY Zoh

CPA, California, a member of AICPA  |  Jz Associates/Tax Accounting Firm Hae-An

F:+82-31-273-5078  |  Skype: joezoh  |  Email:

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Korean Tax Blog

since 1981-
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