Jeonbuk Bank Launches Foreigners-Only Check Card with G-Money Trans
Providing 'No-Visit Service' Through Non-Face-to-Face Video Calls
[Asia Economy Honam Reporting Headquarters Reporter Kim Tae-in] JB Financial Group Jeonbuk Bank has launched a foreigner-exclusive check card to enhance financial convenience for foreign workers residing in Korea.
On the 28th, Jeonbuk Bank announced that it would release a new foreigner-exclusive partnership check card in collaboration with GMoneyTrans Co., Ltd., a mobile overseas remittance service provider, starting today.
GMoneyTrans Co., Ltd. is a fintech company that offers simple mobile overseas remittance services with low fees to foreign workers residing in Korea.
The newly launched GMoneyTrans check card is issued to foreigners residing in Korea (residence status E-9), and for foreign workers who find it difficult to visit the bank, a ‘no-visit service’ via non-face-to-face video calls is also provided.
Foreign members wishing to apply can easily apply for a Jeonbuk Bank account and check card by clicking the card application banner on the GMoneyTrans mobile app using their own smartphone.
Additionally, a 2% cashback service is offered for daily life-related sectors preferred by foreigners, such as convenience stores, online shopping, and cafes. The cashback service is provided up to a maximum of 5,000 KRW per month if the previous month’s spending exceeds 300,000 KRW.
Moreover, with the T-money prepaid transportation feature, users can conveniently use public transportation such as subways and buses.
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A representative from Jeonbuk Bank’s card business division said, “To increase convenience for foreign workers residing in Korea and to lower the high financial barriers, we collaborated with GMoneyTrans Co., Ltd. to launch a check card that does not require visiting the bank,” adding, “Jeonbuk Bank will continue to strive to become a bank that provides more convenient and simple financial services for foreigners.”
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