Kookmin Bank Offers 90% Exchange Rate Discount on 'KB Export-Import Preferred Foreign Currency Account'

"Special Benefits for Export-Import Companies!"

[Asia Economy Reporter Park Sun-mi] KB Kookmin Bank announced on the 16th that it will hold an event offering preferential exchange rates and prizes for customers trading with the ‘KB Export-Import Company Preferred Foreign Currency Account’ until the end of June.

The KB Export-Import Company Preferred Foreign Currency Account is a foreign currency deposit account with free deposits and withdrawals, offering preferential interest rates when maintaining a certain daily balance. This product provides benefits such as exemption from export-import related fees based on the average balance over the past three months.

This event offers a 90% preferential exchange rate benefit without any limit on the number of transactions for customers holding the KB Export-Import Company Preferred Foreign Currency Account who conduct USD deposit and withdrawal transactions through internet banking and KB Star Corporate Banking during the event period. Additionally, among account holders, customers who have made overseas remittances of 100 USD or more or deposit transactions of 1,000 USD or more will be entered into a draw to receive a mobile fuel voucher worth 30,000 KRW, awarded to 300 winners.

A KB Kookmin Bank official stated, “We will continue to provide various benefits and competitive products to support export-import companies facing difficulties due to the spread of COVID-19.”

Meanwhile, in October last year, KB Kookmin Bank signed a special contribution agreement with the Korea Trade Insurance Corporation to support export-import financing, offering various benefits such as ▲operating a special guarantee limit up to twice per customer ▲preferential guarantee rates ▲support for customer-paid guarantee fees ▲discounts on insurance premiums for import insurance (global supply chain) products.