CA - Wells Fargo cashier gets Korean politics and currencies confused

zwiebel

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  • #1
Gloria Lara was given some South Korean won by her son after he visited her in California. Mrs Lara took it to a Wells Fargo bank in El Monte.

She has changed won for dollars there before, and Wells Fargo's website states that it's a 'good idea' to buy foreign currency from them, and change it back there too, as the only currency they don't accept is Iraqi dinar. They have a branch in Seoul and it won an award for banking excellence last year.

So Mrs Lara was a little taken aback when the cashier in El Monte asked: "What is it?"

It didn't get any better from there as the cashier then accused South Korea of being a communist country and basically said North and South Korea are the same, with the same currency (it's not. The currencies look very different and the exchange rates are incomparable). I guess memories of the Korean War and its consequences are fading fast as all the US vets dwindle.

Wells Fargo is investigating the misunderstanding.

http://www.koreaobserver.com/wells-fargo-bank-refuse-communist-south-korean-won-26243
 

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  • #2
I was just going to post that I've encountered the same problem with Scottish banknotes, even in England where they are perfectly legal currency. Looking it up, I find that technically they are not and can be refused at exchangers' discretion. I had no idea!

I owe an apology to several store owners I argued with about this...in more than one country.

http://en.m.wikipedia.org/wiki/Banknotes_of_the_pound_sterling#Bank_of_Scotland_notes
 

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