10 Currencies Deposit and Fee Benefits... Hana Bank Launches Foreign Currency Deposit and Withdrawal Account for Businesses

'One Billion Dollar Account' Launch
Prize Giveaway and Various Benefit Events Also Offered

[Asia Economy Reporter Minwoo Lee] Hana Bank is launching a foreign currency deposit and withdrawal account that allows business operators engaged in overseas operations to deposit in 10 currencies and offers various fee benefits.

Hana Bank announced on the 25th that it will launch the 'Hana Billion Dollar Account.'

This account is designed for small and medium-sized export-import companies that frequently make foreign currency payments and overseas remittances and have a need for foreign exchange risk management. It allows deposits in up to 10 currencies out of 27 foreign currencies. Without any performance conditions, it offers benefits such as ▲one free overseas outward remittance or inward remittance fee waiver per month ▲unlimited waivers on export letter of credit notification fees ▲unlimited waivers on import cargo guarantee (L/G) issuance fees.

Additionally, Hana Bank has added an FX Market feature that provides preferential exchange rates, as well as non-face-to-face submission functions for overseas remittances and export-import transaction supporting documents, to its corporate smart banking service 'Hana OneQ Enterprise' in line with the launch of the 'Hana Billion Dollar Account.'

Meanwhile, various events to commemorate the product launch will also be held. First, customers who open a 'Hana Billion Dollar Account' and conduct deposit and withdrawal transactions through non-face-to-face channels will receive preferential exchange rates (90% for USD, 80% for JPY and EUR). Companies and employees who conduct their first export-import transaction after opening the account will be entered into a draw to win ▲a 2-night, 3-day travel voucher to Jeju Island (1 winner) ▲green fees support at domestic golf courses (3 winners).

Also, from next month until the end of August, customers who open an account and newly contract electronic trade with the bank through KTNET will receive support for monthly basic fees and transmission/reception usage fees. All individual business owners who open a 'Hana Billion Dollar Account' will be given 5,000 Hana Money.

Furthermore, after opening the account, if customers newly register for DHL services through the DHL Korea partnership page linked in Hana OneQ Enterprise, they will receive a 60% discount on DHL logistics fees.

A Hana Bank Foreign Exchange Business Division official said, "We will continue to expand various financial preferential services and external partnership benefits to support export-import companies."