Woori Bank Operates Land Compensation Consultation Center at PB Specialized Branches
Support for Land Compensation Capital Gains Tax, Tax Savings, Finance, and Real Estate Consultation at 5 PB Specialized Stores
[Asia Economy Reporter Kim Hyo-jin] Woori Bank announced on the 23rd that it will operate a Land Compensation Consultation Center at its private banking (PB) specialized branches: Two Chairs Exclusive (TCE) Gangnam Center, and Two Chairs Premium (TCP) Centers in Daechi, Cheongdam, Gasan, and Jamsil.
The Land Compensation Consultation Center plans to provide customized consulting by tax experts specializing in land compensation capital gains tax and inheritance/gift tax savings, in line with the land compensation negotiation transfers starting next month in the 3rd new towns such as Hanam Gyosan and Incheon Gyeyang. Additionally, it will offer advisory services for reinvestment, including financial investment planning for compensation funds and real estate purchases.
In particular, the TCE Gangnam Center and TCP Jamsil Center have established a data viewing system that allows customers who prefer real estate investment to search for investment properties, actual transaction prices, rental information, and various other real estate data, enabling customized consultations.
Meanwhile, Woori Bank plans to temporarily support capital gains tax filing costs for customers who deposit land compensation funds of 1 billion KRW or more for a certain period at Woori Bank branches. Also, for customers choosing bond compensation for tax savings purposes, a one-stop service will be provided in cooperation with Woori Financial Group affiliate Woori Investment & Securities, applying preferential discount rates on bond discounts.
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A Woori Bank official said, “We will support tax savings, real estate, and financial investment customized consultations for land compensation customers at Woori Bank’s representative PB specialized branches,” adding, “We hope that tailored professional consulting will lead to increased asset growth for our customers.”
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