KB Kookmin Bank, Foreign Currency Time Deposit Renewal Event... "90% Exchange Rate Discount"

Earn Interest and Foreign Exchange Gains Simultaneously with Foreign Currency Time Deposits!

[Asia Economy Reporter Park Sun-mi] KB Kookmin Bank (President Hur In) announced on the 9th that it will hold an event for customers who subscribe by the end of June to commemorate the renewal of the 'KB TWO Tech Foreign Currency Time Deposit'.

Through this renewal, the subscription target has been expanded from individual customers to corporate customers, and the subscription amount has been raised from the previous USD 10,000 to a maximum of USD 1,000,000.

This product is characterized by being the first among commercial banks to provide an automatic termination service at a customer-designated exchange rate. When subscribing to the product, customers specify their desired exchange rate, and if the exchange rate announced first by the bank each day is equal to or higher than the customer's designated rate, the deposit is automatically terminated and credited to the customer's account. Additionally, interest according to the subscription period and renewal cycle can be received upon automatic termination.

During the event period, a 90% preferential exchange rate will be provided for new subscriptions, and among customers whose deposits are automatically terminated upon reaching the designated exchange rate, 100 people will be selected by lottery to receive Starbucks coffee gifticons. A KB Kookmin Bank official stated, “We renewed the KB TWO Tech Foreign Currency Time Deposit product to meet the needs of individual and corporate customers interested in currency trading, which is gaining attention as an alternative investment method,” and added, “We will continue to actively develop various foreign exchange products and services.”