South Korean Bank Holidays 2017

South Korean Bank Holidays 2017

South Korea is known by many in the international community to be a friendly, welcoming country that loves a good party. The same goes for holidays in South Korea, which are a mix of modern and traditional festivals and celebrations. Ready to party like a local in South Korea? Read on to learn about some of the country’s holiday customs, as well as some more practical information like when to expect South Korea’s banks and businesses to be closed for the holidays.

In the 1930s, some Christians in South Korea started to recognize Mother’s Day, which was eventually established as a recognized holiday on May 8. Eventually, though, people started talking about starting a Father’s Day tradition, and in 1973, a presidential decree declared May 8 to be Parents Day. It’s a low-key holiday in South Korea. Children give their parents gifts of carnations, and the Ministry of Health and Welfare organizes public celebrations, including awards for some parents.

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South Korea celebrates its own New Year in line with the lunar calendar, on the first day of the first lunar month. The Korean New Year is an important festival that’s celebrated with ceremonies and traditional festival food over three days that workers have off.

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Is also an important time for South Korea. During the festival, families gather all together in their ancestral homes and celebrate the year’s harvest.

Need to send money home for the holidays in South Korea? Instead of using an international bank transfer, which can take days and cost extra in fees and exchange rate markups, try , which allows you to move money as quickly as possible for as little as possible. only moves money between local accounts, so it never crosses borders. That means you don’t pay any international or intermediary fees. also uses the actual exchange rate, like you’d see on Google, without any hidden fees or markups. All you have to pay is a small, fair transfer fee that’s spelled out upfront.

Also offers borderless accounts, which allow users to manage, send and receive money in 27 global currencies all at once, with more currencies being added all the time. If you live in one country and get paid in the UK, the US, the EU or Australia, then you can even get bank details to get paid like a local. Borderless account holders will even have access to consumer debit cards beginning in 2018.

White Day In Korea (2017)

South Korean people take their holidays seriously, and now you’re ready to celebrate just like they do, with their unique mix of modern customs and generations-old traditions. And the best part is, with this guide, you’ll never be caught needing a bank when they’re all closed for the holidays. With that stress gone, you’re free to just enjoy your time in South Korea. Happy holidays!

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One important decision, if you’re moving to South Korea with family, is how to ensure that your children receive the best possible education. Luckily, South...Here is a list of 2017’s Public holidays in South Korea which are often know as Red Days or simply Days Off work. Sadly if a public holiday falls on a weekend it is NOT carried over onto the next workday, although some public schools and generous employers do give them. It’s unfortunate for most of us and this year we lose 2 days which fall on weekends (in 2016 there were 4 days).

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This year the we have a nice spread of holidays until October. However again on the positive side Korean New Year (Seollal) this year give us a nice 4 day weekend at the end of January. Also the 2017 Chuseok break gives us a 7 day weekend!

Seoul, South Korea

Friday, Saturday & Sunday January 27th to 29th (Monday January 30th is also a Red Day on Most Calendars) – Korean Lunar New Year or Seollal (설날)

All this means that there are 13 official days off, red days or Public Holidays in South Korea this year plus election day (a few more than in 2016). We also have the amazing Chuseok Period which this year is sandwiched by 2 other holidays giving us a full week and national holidays (great for employees, not so much for employers).

Also often people are asked to work during on a public holiday and then take a day off at another time, this is really uncommon but perfectly legal (although not nice). Public Holidays are a requirement for government and public buildings, however private businesses are not bound to follow or observe them. May 4th is a sandwich day and so might be off for some and on for others.

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Be warned that traveling the day before, on or the after day after a public holiday can be very busy and traffic jams fully booked buses, trains and even planes are common. Therefore book in advance to avoid disappointment.

One positive is that most shops, stores, restaurants, bars etc all open on public holidays in Korea and buses and subways operate on a similar schedule to a Sunday (although as already stated they can be very busy).

In regards to the 2017 South Korean Election Day (May 9th 2017), public schools, government offices, banks etc will all be closed. Other services a business will be open but maybe with reduced hours. Employees should be given time in order to vote, however the businesses aren’t required to close for the whole day. This could change depending other factors.

Venedig Biennale 2017: Pavillon Süd Korea: Cody Choi Und Lee Wan

– May 1st is Labor Day in South Korea; it ISN’T an official National Holiday. Some businesses and schools close but it’s completely optional.

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– May 9th is Presidential Election Day; once again it isn’t a holiday. Employees should be given time to vote but businesses don’t have to close.

If you have any questions about public holidays / National Holidays / Red Days here in South Korea please feel free to let us know, have a great year in South Korea.

National Holidays In South Korea In 2023

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