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Money & ATM Scams in Busan, South Korea

Card skimming, currency exchange fraud, dynamic currency conversion, and cash cons. Below are the money & atm scams scams reported in Busan β€” how they work and how to avoid them.

For broader context, compare this scam type with nearby destinations like Kyoto, Beijing, and Shanghai.

Last updated: April 2, 2026

1

Money & ATM Scams Scams

11

Total in Busan

How it works

Unlicensed money changers operate near Busan's Gukje Market and Nampo-dong shopping district, offering slightly better rates than official exchange booths to lure tourists. After agreeing on a rate, they count out the Korean won quickly and use sleight-of-hand to palm several large-denomination bills before handing over the bundle. Victims typically only notice the shortfall after the changer has disappeared into the crowd.

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11 total warnings across all categories

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