Fee Waiver for Automatic Overseas Remittance Deposits
90% Preferential Exchange Rate for KRW Conversion
Shinhan Bank announced on the 6th that it has launched the 'Creator Plus Automatic Deposit Service' for YouTubers and influencers.
This service offers benefits when creator customers active on YouTube or Instagram apply for automatic deposits of advertising fees received from Google and Meta via overseas remittances at branches or through Shinhan SOL Bank. The benefits include ▲a waiver of the 10,000 KRW fee upon deposit ▲a 90% preferential exchange rate (up to a monthly limit of 10,000 USD).
Even if the monthly preferential exchange limit of 10,000 USD is exceeded, customers can receive a 50% exchange rate preference without limit on the number of times when converting foreign currency to KRW non-face-to-face through the Foreign Currency Change-Up Deposit, allowing creator customers to gain additional benefits.
A Shinhan Bank representative said, "This service was prepared to provide convenience through automatic deposit services and add extra benefits to customers who generate income by creating content in the steadily growing creator market," adding, "We will continue to create customer value and enhance financial convenience through new financial services."
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