SC Jeil Bank, Easy Digital Asset Management Service... Fund Subscription from 10,000 Won

[Asia Economy Reporter Kim Min-young] SC First Bank announced on the 28th that it has lowered the minimum subscription amount for fund products, allowing customers to subscribe to funds starting from 10,000 KRW through mobile banking and internet banking.

This move aims to provide a digital asset management service that enables anyone to easily start investing amid growing interest in non-face-to-face financial transactions due to the COVID-19 pandemic.

To attract non-face-to-face customers, the bank is also running an event. Until the end of next month, customers who subscribe to funds through the bank's mobile banking application and enter the event will receive a Starbucks gifticon. All customers subscribing to a fund for the first time will receive an "Iced Americano," and 500 customers who subscribe to both a fund and a savings account with a total amount of 100,000 KRW or more will receive a "Cafe Latte Couple Set" on a first-come, first-served basis. The first 500 customers who subscribe to a fund of 1,000,000 KRW or more will be gifted a "Sweet Dessert Set." This event is designed to provide an opportunity to invest steadily in a highly volatile market and requires registration of automatic transfers for more than 12 months to enter.

Until the 29th of this month, there is also an event where customers who subscribe to foreign currency asset management products they do not currently hold with a certain minimum amount will receive "Jung Kwan Jang Hong Sam Won." This event encourages portfolio diversification through currency dispersion in an increasingly uncertain market. Eligible products include US dollar (offshore) funds, insurance, and specific money trusts.