Plain-language glossary

Korean Money Glossary

Browse the Korean banking, housing, salary, remittance, and scam-safety words you'll actually run into — and jump to the translator when you want to search.

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Search by the Korean word, the English meaning, romanization, or category. Wording can differ by bank, app, document, and situation.

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Words you'll meet early on

한도제한계좌

restricted bank account

hando jehan gyejwa

Account

A bank account with lower transfer or withdrawal limits until the bank reviews more information about the account purpose.

이체한도

transfer limit

iche hando

Transfer

The maximum amount you can transfer per transaction, per day, or by channel.

본인인증

identity verification

bonin injeung

Verification

A process for confirming that you are the person using the service.

보증금

deposit

bojeunggeum

Housing money

Money paid to the landlord and usually returned when the lease ends, depending on the contract and law.

실수령액

take-home pay

silsuryeongaek

Salary and tax

The amount you actually receive after deductions.

해외송금

international remittance

haeoe songgeum

Remittance

Sending money from Korea to another country or from abroad into Korea.

보이스피싱

voice phishing

boiseu pising

Scam safety

A phone-based fraud attempt that pressures someone to reveal information, install apps, or send money.

How to use these terms

  • Find the exact word you're seeing — in the app, contract, payslip, or message.
  • Search it in the translator by Korean, English, romanization, or category.
  • Use the "what to ask or do" note to prep a question for the bank, employer, landlord, provider, or an official source.

Context matters

The same Korean term can shift by bank, app version, document, contract, employer, provider, and rule. This glossary is educational — it doesn't replace official sources or qualified professional advice.

Why trust this site

  • Built from real Korean bank-counter experience and financial-software work
  • Grounded in public information and general financial knowledge
  • An independent educational site
  • No private systems, non-public materials, or customer data involved
  • Not financial, tax, legal, housing, security, or product advice
  • Updated regularly