Hana Bank Launches Financial Sector's First 'Ontact Overseas Investment Service'

Non-face-to-face Foreign Exchange Reporting (Approval) Without Visiting Branches
Providing Simple Customized Overseas Investment Services for Businesses Based on Ontact

[Asia Economy Reporter Kangwook Cho] Hana Bank announced on the 3rd that it will launch the 'Ontact Overseas Investment' service, the first in the financial sector to enable non-face-to-face foreign exchange reporting (approval) related to overseas investment without visiting a branch.

The 'Ontact Overseas Investment' service, provided to corporations and individual business owners eligible for corporate internet banking, enhances convenience by allowing easy and fast processing of foreign exchange reporting (approval) required for overseas investment through non-face-to-face report preparation and online submission of supporting documents.

Based on its foreign exchange expertise, Hana Bank offers a simplified report preparation support function, automatic guidance on required documents for each report, and direct review by a specialized foreign exchange consultation team, enabling smooth non-face-to-face reporting and providing customized overseas investment services for businesses.

In addition, through BIDV, Vietnam's largest state-owned commercial bank in which Hana Bank holds equity, specialized Vietnam investment information (introductions to BIDV and Hana Bank local branches, specialized service guidance, etc.) is provided.

A representative from Hana Bank's Foreign Exchange Products Department said, "The Ontact Overseas Investment service marks the beginning of non-face-to-face foreign exchange reporting (approval) operations, and we will continue to strive to expand available channels and enhance customer convenience."

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