If this topic has been covered, if it has please link me to the appropriate post!
I'm an American expat living in South Korea looking for a good way to transfer my earnings from my Korean checking account into a higher yield savings account.
I've transferred money to my USAA account (for Mutual Fund investment) in the past but the fees associated with it make me hesitant to transfer money again in this way.
Advice or recommendations on alternative ways to transfer money, or international/online banks that I could transfer money into would be most appreciated.
For reference,
- income: ~$2000 per month
- plan: live in Korea for 2.5 more years or so
- not opposed to having savings in Korean currency for the time being, does this mean Korean banks are my best option? I heard that online savings can have better yields
- looking for savings account for short term savings (3-5 years)
- also looking for a better method of moving my money into US investments
Any advice or informational links would be great. I'm a PF noob and I've been searching around online but I haven't really been able to find what I'm looking for. I'm sure this info is out there somewhere, so please send me in the right direction if you know where I can find it!
Submitted August 25, 2018 at 05:58AM by BartonWilling https://ift.tt/2oasAB6
