Mirae Asset Daewoo Expands Overseas Remittance Service Open

[Asia Economy Reporter Song Hwajeong] Mirae Asset Daewoo announced on the 21st that it has expanded and opened its existing overseas remittance partnership service.

Last August, Mirae Asset Daewoo became the first in the securities industry to launch a mobile trading system (MTS) overseas remittance service. The company has upgraded the service by adding partner companies and improving the user interface (UI) to enhance user convenience.

First, the number of partner companies was expanded to two. In addition to the existing partner, the small-amount overseas remittance company Hanpass, a new partnership was formed with Moin. Through these two companies, Mirae Asset Daewoo explained that it can meet diverse customer demands and improve consumer satisfaction through service competition between the companies.

Customers who wish to send money overseas can simply enter the destination country and amount in the overseas remittance menu of the mobile app. Mirae Asset Daewoo then compares the two companies by reflecting real-time exchange rates and fees, offering the more favorable conditions to the customer. Customers can compare the two companies at a glance before sending money, allowing them to remit under better terms.

The available platforms for the service have also been expanded. The overseas remittance service, which was previously only available on the MTS app, is now accessible on all Mirae Asset Daewoo mobile apps. Customers can send overseas remittances through the banking menu on any of the three apps: m.Stock, m.Global, and m.ALL.

With this service expansion, the number of countries where overseas remittance is possible through Mirae Asset Daewoo has increased to a total of 53 countries, including the United States, the United Kingdom, Japan, China, and Southeast Asia. Fees start from a minimum of 1,000 KRW and vary depending on the country.

Yoon Sanghwa, Head of Digital Business Division at Mirae Asset Daewoo, said, “When Mirae Asset Daewoo first launched the overseas remittance service last year as the first securities company to do so, the focus was on providing various services to customers. This expanded opening was prepared based on feedback from customers who have actually used Mirae Asset Daewoo’s overseas remittance service, to make the service more convenient and useful.”

To commemorate the expansion of the overseas remittance service, Mirae Asset Daewoo is also conducting a customer event. Until the 29th of next month, a fee cashback event (up to 50,000 KRW) will be held for all customers. Additionally, the first 300 customers who send more than 200,000 KRW through the new partner company Moin will receive an additional 20,000 KRW remittance bonus. The maximum benefit per customer combining both events is 50,000 KRW.

Detailed information about the event can be found on the Mirae Asset Daewoo website and customer center.

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