Starting in May, the South Korean government is set to revise the rate of cancellation fees on express bus tickets as follows to enhance
operational efficiencies.
| Point of Time |
Current Flat Rate |
Revised Flexible Rate |
| Fixed regardless of days in a year |
Point of Time |
Weekdays (Mon.~Thu) |
Fri.~Sun. & Holidays |
Seollal & Chuseok |
Prior to
Departure |
2 days before |
0% |
2 days before |
0% |
Between 1 day &
3 hours before |
5% |
Between 1 day &
3 hours before |
5% |
7.5% |
10% |
Between less than
3 hours
&
before departure |
10% |
Between less than
3 hours
&
before departure |
10% |
15% |
20% |
After
Departure |
After departure till before
estimated arrival time |
30% |
After departure till
before estimated
arrival time |
50% during the year of 2025
60% during the year of 2026
70% during the year of 2027
|
| After estimated arrival time |
100% |
After arrival time |
100% |
Please refer to the attached files or the preview for more details!