Gwangju Bank announced on the 14th that it will sell the ‘Election Victory Account’ to support the management of election funds for candidates ahead of next year's general election.
The eligible subscribers for this account are election candidates or accounting officers designated by the candidates.
To ensure transparent and smooth management of election expenses, preferential benefits such as exemption from various fees will be provided from the date of new subscription until May 10 of next year, one month after the vote.
The exempted fees include issuance fees for certificates submitted to the Election Commission, electronic financial transfer fees, fees for using Gwangju Bank automated machines (CD/ATM), counter remittance fees, and fees for reporting election expenses.
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