Busan Bank-Busan City, Issue 'Cheer Up Busan! Prepaid Card'

[Asia Economy Yeongnam Reporting Headquarters Reporter Kang Woo-kwon] BNK Busan Bank announced on the 14th that it has signed a joint business agreement with Busan City for the issuance of the 'Cheer Up Busan! Prepaid Card' to provide emergency disaster relief funds.

This business agreement was prepared to stipulate necessary matters to promptly and smoothly issue prepaid cards and manage them efficiently in order to overcome the novel coronavirus infection (COVID-19) and revitalize the local economy.

Through the agreement, Busan Bank will act as an agent for the tasks necessary to distribute and use the prepaid cards, and Busan City will oversee the project and implement the agreement matters with delegation from the 16 districts and counties.

In particular, Busan Bank has agreed to bear all costs related to the issuance of the 'Cheer Up Busan! Prepaid Card' and also support the reissuance costs for users in case of card damage or loss.

A Busan Bank official stated, "During these difficult times due to COVID-19, as the depository bank of Busan City, we are doing our best in various ways to stabilize the lives of Busan citizens and recover the local economy," adding, "We will actively cooperate in issuing the prepaid cards and fulfill our role to ensure smooth receipt of disaster relief funds by local residents."

Meanwhile, the nationwide emergency disaster relief fund 'Cheer Up Busan! Prepaid Card' can be applied for online and offline (eup, myeon, dong community service centers) starting from the 18th.

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