Hantoo Securities Bankis 'ISA Brokerage Type' Pre-Reservation Event

[Asia Economy Reporter Junho Hwang] Korea Investment & Securities announced on the 25th that it will hold a pre-registration event and a subscription event for BanKIS customers ahead of the launch of the 'Individual Savings Account (ISA) Brokerage Type.'

BanKIS is Korea Investment & Securities' online trading service that can be opened non-face-to-face or through commercial banks.

From this year, benefits for ISA (Individual Savings Account), known as a tax-saving all-purpose account, will be expanded. Anyone aged 19 or older can subscribe, and the mandatory holding period has been shortened from 5 years to 3 years. The newly launched ISA brokerage type will allow trading of domestic stocks and Exchange-Traded Funds (ETFs). The existing benefits of tax exemption up to 2 million KRW (4 million KRW for the low-income type) and separate taxation of 9.9% on the excess amount will remain unchanged.

Korea Investment & Securities will hold a pre-registration event ahead of the launch of the 'ISA Brokerage Type' account on the 2nd of next month. Customers who pre-register by the 1st of next month and open a BanKIS ISA account through the Korea Investment app will receive an additional Starbucks coffee coupon on top of the subscription event benefits. Also, 30 people will be selected by lottery to receive AirPods. Depending on the subscription amount, up to a 50,000 KRW Shinsegae mobile gift certificate will be additionally provided.

For branch account customers, an event is being held until the end of next month where customers who newly subscribe to ISA and purchase products worth 100,000 KRW or more or whose balance increases will receive a Shinsegae mobile gift certificate. Until the end of June, all new BanKIS and branch account customers will be offered lifetime preferential benefits on online stock trading commissions.

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