KB Kookmin Bank "Half Exchange Rate Discount for Western Union Express Remittance Over $500"

Fast and Convenient Internet and Mobile Access Even Without Recipient Account Number

[Asia Economy Reporter Kangwook Cho] KB Kookmin Bank announced on the 5th that it will hold an event offering preferential exchange rates to customers using the non-face-to-face Kookmin-Western Union Express Remittance service from this month until the end of May.

During this event period, customers who remit more than USD 500 via the non-face-to-face Kookmin-Western Union Express Remittance service through Internet Banking, Liiv, or KB Star Banking can receive a 50% preferential exchange rate.

The event is open to individual customers including foreigners. If the sender pays a fee of USD 5 in Korea, the overseas recipient can receive the funds in real time without any additional fees. Overseas remittance is available 24/7 throughout the year via Internet Banking and mobile apps (from 9 a.m. to 11 p.m. when withdrawing from foreign currency deposits), with a daily maximum of USD 7,000 (however, Liiv allows a daily maximum of USD 3,000). Foreign customers must visit a branch once to register remittance information before using the service.

KB Kookmin Bank improved the Kookmin-Western Union Express Remittance service, which was previously only available at branches, to be accessible non-face-to-face since last November, enhancing customer accessibility and convenience.

A KB Kookmin Bank official said, "This is an opportunity to conveniently experience affordable and fast overseas remittance services through non-face-to-face channels," adding, "We will continue to strive to provide various benefits and differentiated services to customers sending money overseas through KB Kookmin Bank."

This content was produced with the assistance of AI translation services.