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.
See all scams in Busan
11 total warnings across all categories