Tax

Value-added tax (VAT) is levied on most goods and services at a standard rate of 10% and is included in the retail price. In tourist hotels, this 10% tax applies to meals and other services and is added into the bill.

Tipping

Tipping is not a traditional custom in Korea. A 10% service charge will be added to your bill at all tourist restaurants and hotels. It is also not necessary to tip a taxi driver unless he assists you with luggage or provides an extra service.

Currency

The Korean local currency is the Won. Major foreign currencies that can be exchanged at banks, hotels, and the airport include the US Dollar, Japanese Yen, Euro, and UK Sterling. Most hotels, restaurants, and shops accept major international credit cards including Visa, American Express, Diners Club, Master Card, and JBC. Foreign-issued ATM cards may have limited use.

Traveler’s Checks

Accepted, but may be difficult to change in smaller towns. To avoid additional exchange rate charges, travelers are advised to take Traveler’s check in US Dollars.

The exchange of foreign currencies may be made at Jeju International Airport. The exchange services are also provided at ICC Jeju. [Banking hours: 9:00 AM ~ 4:30 PM, From Monday to Friday]

Electricity

The electricity supply commonly used in Korea is the 200-volt 60Hz system. Because most newly built hotels and houses have the 220-volt wiring installed, you are advised to check your electronic equipment beforehand.

Time Zone

Korea is 9 hours ahead of Greenwich Mean Time (GMT +9) and does not have daylight savings time.

Emergency Phone Number

1339 Medical Emergency
119 Emergencies for Fire, Rescue & Hospital Services
112 Police
129 First Aid Services