Once you've signed the contract and completed your move, remember to pay your rent each month on the date your lease begins!
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☑️ How to pay?
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1️⃣ Bank Transfer (Most Common Way)
- Rent is typically paid via bank transfer. Please refer to the the bank account specified on the contract paper.
- If you use international banking, please be aware that a remittance fee can occur.
- The total amount should be equivalent to the rent and maintenance fee added.
2️⃣ Cash Payment
- Some landlords may accept rent payments in cash by visiting you directly.
- However, this is uncommon, as most landlords do not reside in the same building, making it inconvenient to coordinate a suitable time for both parties.
- If you are unable to make a bank transfer, you can ask the landlord if cash payment is an option.
3️⃣ Lump-sum payment upon Main Contract
- Certain landlords may require the rent for the entire lease duration to be paid upfront in a lump sum.
- This arrangement is typically made when there is no deposit or for short-term leases negotiated under special circumstances.
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🧐 FAQs
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- ❓Where can I find the bank details for the rent payment?
- ❓What if I do not have Korean bank account? Is it possible to pay by Wise ?