Introducing a Regular Investment Service in Partnership with NH Investment & Securities
Domestic and Overseas Stocks and ETFs Available from 1 Share to Fractional Shares
K Bank announced on the 19th that it has partnered with NH Investment & Securities to launch the 'Stock Accumulation' service, allowing users to invest in stocks gradually and flexibly.
The Stock Accumulation service is a savings-type investment service that enables users to accumulate and purchase stocks little by little. Through the K Bank application (app), users can invest in various products traded on NH Investment & Securities, including domestic stocks, foreign stocks, and ETFs.
With Stock Accumulation, users select stocks and set a desired regular interval and amount to invest in a savings plan. The intervals can be chosen daily, weekly, or monthly, and the quantity can range from one share to fractional shares. This allows investment with a small amount of capital and the ability to plan investments according to preferred amounts and intervals.
Available investment products include four categories: domestic stocks, domestic ETFs, foreign stocks, and foreign ETFs. Domestic stocks can be invested in from a minimum of 100 KRW, and foreign stocks from 1,000 KRW or more, with no limit on the investment amount.
If users apply for foreign stock accumulation by whole shares (1 share), they can opt for the automatic currency exchange feature. On the trading day, currency exchange is automatically conducted at the exchange rate set by NH Investment & Securities.
Until the end of December, there are benefits such as waived transaction fees and preferential currency exchange rates. All purchase fees for stocks ordered through the Stock Accumulation service are free. Additionally, when ordering foreign stocks in Korean won or fractional shares, currency exchange fees are discounted by up to 0.5 KRW per 1 USD. Automatic currency exchange benefits can also reach up to 97%.
The Stock Accumulation service can be accessed by going to the 'Trade' section under the investment tab on the 'Discover' page at the bottom of the app's home screen.
A K Bank representative said, "We have launched the Stock Accumulation service in partnership with NH Investment & Securities, allowing users to steadily build their stock investments," adding, "Going forward, K Bank will continue to introduce more convenient investment methods as an 'Innovative Investment Hub' for our customers."
Meanwhile, K Bank has recently expanded its investment service portfolio by launching domestic and U.S. bond investment services. In addition, the K Bank app offers investment services such as stock trading, virtual assets, and physical gold purchases.
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