NH Nonghyup Bank Launches High-Function Multi-Call Foreign Currency ATM

Handling 5 Currencies Including Won and a Total of 8 Denominations
Currency Exchange Up to 1 Million Won Per Day

[Asia Economy Reporter Park Sun-mi] NH Nonghyup Bank announced on the 17th that it has launched a high-function multi-currency foreign currency ATM in line with the non-face-to-face era.

Until now, customers had to visit branches during business hours to exchange foreign currency. However, with the newly launched foreign currency ATM, which operates year-round without holidays, customers can easily exchange US dollars, Japanese yen, euros, and Chinese yuan anytime. It handles five currencies including Korean won and a total of eight denominations, offering the largest number of currencies and denominations among domestic foreign currency ATMs.

Customers holding Nonghyup Bank or Nonghyup Livestock Cooperative bankbooks or cards can exchange up to 1 million KRW per day through the foreign currency ATM. They can receive foreign currency equivalent to up to 1,000 US dollars applied for via Internet Banking, Smart Banking, or All One Bank. Additionally, customers using the non-face-to-face exchange service are provided with a 50% preferential exchange rate benefit.

The high-function multi-currency foreign currency ATM will have two units installed at Muan International Airport in Jeollanam-do within this year, and will be sequentially introduced to branches after 2021. Oh Kyung-geun, Vice President of the Corporate Finance and Investment Division, stated, “By launching the foreign currency ATM in preparation for the post-COVID-19 era, we expect customers to use exchange services more easily and conveniently,” and added, “Nonghyup Bank will strive to provide better non-face-to-face financial services in the rapidly changing financial environment.”

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