Gwangju Bank '2022 SUMMER Currency Exchange Festival' Event

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Gwangju Bank will hold the ‘2022 SUMMER Currency Exchange Festival’ event until September 30.

During the event period, preferential exchange rates of 70% will be applied to US Dollar, Japanese Yen, and European Euro, and 30% to Chinese Yuan. Applications can be made from 100 to 1,000 dollars when converted to USD.

Additionally, new and existing customers of the ‘Travel Sketch Foreign Currency Savings Account Ⅴ’ will receive preferential exchange rates of 80% for US Dollar, Japanese Yen, and European Euro, and 40% for Chinese Yuan, with no application amount limit.

Furthermore, among individual customers who exchange currency equivalent to 500 USD or more, 100 people will be selected by lottery to receive a GS Caltex mobile fuel gift certificate worth 50,000 KRW.

Currency exchange applications can be made by visiting the nearest branch or through Gwangju Bank Smart Banking, and the exchanged currency can be collected at any Gwangju Bank branch. Detailed event information is available on the Gwangju Bank website.

Kim Hyun-sung, head of the Foreign Exchange Business Department, said, “We hope customers who have been waiting a long time for overseas travel due to the COVID-19 pandemic will enjoy the benefits of currency exchange and have a pleasant summer vacation through the ‘2022 SUMMER Currency Exchange Festival’ event. Gwangju Bank will continue to do its best to provide various services and products in line with changing foreign exchange demands and trends.”

The ‘Happy Life Travel Sketch Foreign Currency Savings Account Ⅴ’ is gaining attention as a financial investment tool for investors who prefer safe assets amid expectations for overseas travel, global economic recession, and inflation.

It allows subscriptions from 50 to 5,000 USD per month for a period of more than 6 months and up to 3 years, offering a maximum interest rate of 3.22% per annum (as of July 25, based on a 1-year term, including preferential interest rates).