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[[image - logo of Seoul National University]]
Seoul National University
College of Liberal Arts & Science
Seoul, Korea

[[highlighted]] Dean's Office [[highlighted]]

December 7, 1966

Mrs. Betty J. Morgan
Assistant Treasurer
Smithsonian Institution
Washington, D. C. 20560
U. S. A.

Dear Mrs. Morgan:

Thank you for your letter of November 18th., 1966. Being informed of the remittance from the budget for our work udner the title of "Smithsonian Korean Research Project", I went to the Bank of Korea in Seoul and made sure that the check ($6,286.00) arrived already. But unfortunately it is impossible for us to get money from the Bank of Korea through this kind of remittance system in Korea because the Bank of Korea is the central bank and does not deal with individuals, but only with city banks.

In case of remittance through the Bank of Korea from the foreign countries, the money recipient has to draw all of the deposit in Korean money(Won) and only after this he can deposit the money in a small city bank and draw a deposit from this bank when necessary.

In our case we can not get any money from the Bank of Korea unless you request this bank to give us the money amounting to the check ($6,286.00).

There are two ways for us to get money from the bank. One is that, you have to request the Bank of Korea to give the money to Dr. Tyson or me. The other is that you have to request the Bank of Korea to transfer this money to one of city banks so that we can draw the deposit. If the former case is adopted, Dr. Tyson and I will draw the money from the Bank of KOrea and deposit the money in the city bank located near our university. If you follow the latter case, please make arrangements requesting the Bank of Korea to transfer the deposit to the Commercial Bank of Korea, Branch of Hewadong so that we can draw the deposit from this Branch.
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