Woori Bank, Non-Face-to-Face Overseas Remittance Event... Up to 80% Preferential Exchange Rate
[Asia Economy Reporter Kim Hyo-jin] Woori Bank announced that it will hold an overseas remittance event through non-face-to-face channels such as internet banking and Woori WON Banking from the 8th to the 31st.
This event targets individual customers who designate Woori Bank as the foreign exchange bank for remittances without submitting payment supporting documents and make remittances through non-face-to-face channels.
It offers preferential exchange rates of up to 80% for major currencies (USD, JPY, EUR) and up to 50% for other currencies. In addition, remittance fees are preferentially applied according to the remittance amount, and full exemption of telegraphic transfer fees is provided.
Designation as a foreign exchange bank for remittances without submitting payment supporting documents means that Korean residents can remit up to USD 50,000 annually without submitting payment supporting documents, and this designation is effective only for the designated year, so it must be newly designated every year.
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A Woori Bank official said, "To welcome the new year, we have prepared this event so that customers who need overseas remittances can receive benefits when remitting through Woori Bank's non-face-to-face channels," adding, "You can easily designate the foreign exchange bank through non-face-to-face channels and receive benefits to reduce overseas remittance costs."
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