How to withdraw cash from Nonghyup account: Comparative analysis of Nonghyup ATM, other bank ATM, and smartphone app 농협 카드없이 현금 인출
1. Using Nonghyup ATM:
The simplest and fastest method: Nonghyup ATMs are widely installed throughout the country and are easily accessible.
charge:
Agricultural Cooperative’s own ATM: Available for free without any fees 이베이스매뉴얼
Nonghyup Bank ATM:
One-time withdrawal: KRW 1,100
Daily withdrawal limit: 5 times (KRW 5,500)
Withdrawal limits:
Agricultural Cooperative’s own ATM: 10 million won per day
Nonghyup Bank ATM: 5 million won per day
Note:
You must have both a National Agricultural Cooperative Bank account and a card.
It cannot be used at overseas ATMs.
2. Using another bank’s ATM:
A variety of ATMs to choose from: In addition to Nonghyup ATMs, you can use other bank ATMs.
charge:
Agricultural Cooperative Fee: 550 won per withdrawal
Other banks’ ATM fees: Additional fees may apply (depending on each bank’s policy)
Withdrawal limits:
Agricultural and Agricultural Cooperative Fee: 10 million won per day
Other bank ATM limits: Depends on each bank’s policy
Note:
You must have both a National Agricultural Cooperative Bank account and a card.
It cannot be used at overseas ATMs.
3. Using smartphone app:
Simple, non-face-to-face withdrawal: You can easily withdraw cash through a smartphone app.
charge:
Policies vary by app (some apps offer free withdrawals)
Withdrawal limits:
Policies vary by app
Note:
Smartphone app installation and authentication required
Some apps can use overseas ATMs
4. Agricultural Cooperatives Mobile App:
Agricultural Cooperative Official App: Mobile withdrawal possible through the Agricultural Cooperative Mobile App
charge:
Agricultural Cooperative’s own ATM: Available for free without any fees
Other bank ATM: 550 won per withdrawal
Withdrawal limit: 10 million won per day
Note:
Requires installation of Agricultural Cooperatives mobile app on smartphone
Not available at overseas ATMs
5. Other methods:
Sending money to a friend or family member: Withdraw money by transferring money from the Agricultural Cooperative Account to the account of a friend or family member.
Using convenience store cash advance: You can withdraw cash to your Agricultural Cooperative Account at some convenience stores (a fee may apply)
6. Comparative analysis:
Method Advantages Disadvantages
Nonghyup ATM is the easiest and fastest, with higher fees than other ATMs
ATMs from other banks Various ATMs available to choose from Fees and limits vary by bank
Smartphone app: Simple, non-face-to-face withdrawal. Different policies for each app, restrictions on overseas use.
Agricultural Cooperative Mobile App Agricultural Cooperative ATM Fee Free Not available overseas
7. Conclusion:
We recommend that you choose the method that best suits your situation.
The easiest and fastest way: Use Nonghyup ATM
Save on fees: Use the cooperative’s own ATM
Wide selection of ATMs: Use other banks’ ATMs
Simple, non-face-to-face withdrawal: using a smartphone app