KB Kookmin Bank Launches 'KB-Easy Overseas Remittance'... Available 24 Hours for Up to $5,000
[Asia Economy Reporter Kim Hyo-jin] KB Kookmin Bank announced on the 4th that it has launched the 'KB-Easy Overseas Remittance Service,' which allows small overseas remittances through a mobile application (app) without visiting a branch.
The 'KB-Easy Overseas Remittance Service' enables remittances of up to USD 5,000 24/7 through the KB Star Banking app, and is available to resident individual customers who are citizens of the Republic of Korea. Unlike existing mobile overseas remittances, it allows easy remittance without designating a foreign exchange bank for the transaction.
To commemorate the launch of the service, KB Kookmin Bank is holding an event until the end of June, offering Starbucks coffee coupons by lottery to 2,000 users.
Meanwhile, KB Kookmin Bank is running an event until the end of this month, providing a 50% preferential exchange rate to customers who transact over USD 500 using the 'Non-face-to-face KB Kookmin-Western Union Express Remittance.' The 'Non-face-to-face KB Kookmin-Western Union Express Remittance' service allows individual customers, including foreigners, to pay a fee of USD 5 in Korea, while the overseas recipient can receive funds in real time without any additional fees.
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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 untact services to customers sending money overseas through KB Kookmin Bank."
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