KakaoBank Adds NH Investment & Securities to 'Securities Account Opening' Application
[Asia Economy Reporter Kim Hyo-jin] Kakao Bank, a Korean Kakao Bank, announced on the 25th that it will add NH Investment & Securities to the securities firms eligible for its stock account opening service. Users can apply for NH Investment & Securities' mobile stock trading app 'Namu' through the Kakao Bank mobile application (app).
The Kakao Bank stock account opening service allows users to apply for a stock account opening based on the information entered when opening a Kakao Bank deposit and withdrawal account, enabling faster and more convenient stock account opening compared to opening directly through the securities firm's HTS (Home Trading System) or branch.
In the case of Korea Investment & Securities, which started the service first in March last year, the number of new accounts opened through Kakao Bank reached about 1.2 million within 11 months of the service launch.
Customers opening their first account with NH Investment & Securities will receive a congratulatory deposit of 10,000 KRW into their Kakao Bank deposit and withdrawal account until the end of March, and will be offered the opportunity to subscribe to the 'Special Promotional Installment Issued Notes' that purchase a fixed amount of issued notes monthly until the limit is exhausted. The minimum subscription amount for issued notes is 10,000 KRW, and the maximum monthly purchase amount is 100,000 KRW. The interest rate is 4.5% per annum.
Additionally, account opening customers can enjoy lifetime free commission benefits for domestic stock trading. For events and detailed information, please refer to the Kakao Bank app.
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A Kakao Bank official said, "Following Korea Investment & Securities, account opening with NH Investment & Securities, a major domestic securities firm, has become possible," adding, "We plan to expand the number of securities firms to provide customers with more choices according to their demands and convenience."
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