[Asia Economy Reporter Bu Aeri] KB Kookmin Bank will waive fees for interbank transfers and automatic interbank transfers via mobile banking and internet banking starting from the 19th.
With the implementation of the transfer fee waiver, individuals and sole proprietors will be able to use interbank transfer services without fees through mobile and internet banking.
KB Kookmin Bank explained that the financial burden on vulnerable groups and sole proprietors will be reduced.
A KB Kookmin Bank official said, "We decided to waive transfer fees to alleviate the financial burden on financial consumers such as small business owners," adding, "We will continue to return benefits to society, practice sharing, and become a lifelong financial partner for the people, working together with our customers."
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