While we are aware that the internet has changed the way we communicate with each other, and has also transformed the way we perform our daily activities, it is also completely evident that the internet has transformed the way in which people make use of banking services. Long gone are the days when people had to wake up early in the morning, reach their bank before it even opens and stand in queues to send, withdraw or deposit money to their bank accounts. These days, bank customers transfer funds and pay bills without even going to the nearest bank branch. Especially South Koreans have been extremely enthusiastic about the online banking facilities they receive. A report from the Bank of Korea states that as of September 2009, around 57.30 million online banking accounts have been registered, and that an average day sees about 29 million online banking transactions, sending and receiving about 30.17 trillion Korean Won, which accounts to about US $26 billion. With such extensive usage of internet banking services, you might be wondering why there is a need to get South Korean IP abroad.
Problem with South Korean Internet Banking
The prime issue with the internet banking services or simply banking services itself of South Korea is that, access through the ATMs overseas to Korean bank accounts are generally blocked by those banks to ensure that foreigners cannot access their Korean bank accounts when they travel to a different country for some reason. This is also the case with the internet banking services offered by Korean banks. When a person containing an online banking account from a Korean bank tries to access the account from a different country, he or she will not be allowed access by the bank itself. If you are travelling abroad and need access to your Korean bank account from there, you will have to request for an international access card from the bank in which you contain an account. However, most banks will not provide you the access card unless and until you request for it specifically. What is the solution to this issue?
The only best and reliable solution to overcome such severe online banking restrictions imposed by Korean banks is a Virtual Private Network (VPN). With a VPN, you will be able to get South Korean IP abroad. But, how can this be of help? Well, when you try to access your bank accounts from abroad, the bank usually tracks down your location by using your IP address and restricts your access if you are not in South Korea. With a VPN, you can get South Korean IP abroad by choosing a VPN server located in South Korea. This IP will conceal your current IP, making your bank believe that you are actually accessing your bank account from South Korea itself. This way, you can perform all your financial transactions from anywhere in the world without worrying about regional restrictions.
Best VPN Providers
If you are looking for the best and reliable VPN providers to get South Korean IP abroad, consider using the services of the following top five VPN service providers:
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