Jeonbuk Bank Offers Up to 90% Exchange Rate Discount on New Non-Face-to-Face Foreign Currency Deposits

[Asia Economy Reporter Park Sun-mi] JB Financial Group Jeonbuk Bank announced on the 19th that it will hold the 'Jeonbuk Bank, JB is Different($) Event Season 1' until June 30, offering up to 90% preferential exchange rates for transactions made through non-face-to-face channels over four months to new foreign currency deposit customers.

During the event period, individual and corporate customers who open foreign currency time deposits, foreign currency savings deposits, or foreign currency free installment savings deposits through Jeonbuk Bank internet banking, New Smart Banking, and mobile web are eligible. For foreign currency savings deposits, newly opened accounts at branch counters during the event period are also included.

Customers holding foreign currency deposit accounts opened during the event period can receive preferential exchange rate benefits when making transactions between a minimum of USD 100 and a maximum of USD 100,000 per transaction via Jeonbuk Bank internet banking or New Smart Banking. A 90% preferential exchange rate applies to US dollars (USD), while euros (EUR) and Japanese yen (JPY) receive an 80% preferential exchange rate.

Additionally, foreign currency savings deposits receive preferential exchange rates on deposit or withdrawal transactions; foreign currency time deposits receive preferential rates on initial deposit transactions; and foreign currency free installment savings deposits receive preferential rates on deposit transactions.

A Jeonbuk Bank official stated, "We prepared this preferential exchange rate event for individual customers expecting exchange gains due to the weak dollar and corporate customers sensitive to exchange rates, such as import-export companies with frequent foreign exchange transactions," adding, "Since the event benefits are provided through non-face-to-face channels, we will focus on strengthening foreign exchange services in the upcoming non-face-to-face era."

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