DGB Daegu Bank Launches 'IM Bank Service' for Non-Face-to-Face Foreign Currency Trading

Increased Convenience for Non-Face-to-Face Transactions with Internet Banking Launch... Launch Commemorative Prize Event

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] DGB Daegu Bank announced on the 12th that it will offer the 'Foreign Currency Buy & Sell' service through the IM Bank app, allowing customers to buy and sell foreign currency online using their own accounts without visiting a branch.

This service is a non-face-to-face exclusive foreign currency trading program designed to enable customers to buy and sell foreign currency at their desired timing and exchange rate. It attracted attention as a non-face-to-face foreign currency service launched in March this year when branch visits were being avoided due to COVID-19.

Unlike the traditional foreign currency exchange method that passively traded at the bank's posted exchange rates, this service allows customers to trade foreign currency relatively freely at their preferred timing and exchange rate. Following internet banking, it is now also available through the IM Bank app.

There are two ways to use the service: the 'Real-time Buy & Sell' method, which trades immediately at real-time exchange rates, and the 'Desired Exchange Rate Buy & Sell' method, which automatically executes trades when the pre-registered desired exchange rate is reached. A 70% exchange rate preferential treatment is provided for real-time trades, and 50% for desired exchange rate trades.

The minimum transaction amount starts from a small amount of USD 50. By using the IM Bank push notification service 'Exchange Rate Notifier,' customers can receive alerts for today's exchange rates and their desired exchange rates to adjust their trading timing.

To commemorate the launch of the service, an event will be held until September 10th for users of the IM Bank app, offering a lottery for department store gift certificates (three customers with the highest transaction amounts will receive 100,000 KRW certificates) and gifticons (Starbucks for 500 people).

A DGB Daegu Bank official stated, "DGB Daegu Bank is implementing various foreign currency convenience enhancement services such as installing foreign currency ATMs and non-face-to-face foreign currency trading services, and we will continue to strive to provide differentiated foreign currency financial services for customer convenience."

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