Woori Bank Launches 'Hwanjeon Pouch' Service... "Keep It Safe"
[Asia Economy Reporter Kwangho Lee] Woori Bank announced on the 24th that it has launched the 'Currency Exchange Pocket' service, which allows convenient currency exchange and safe storage of exchanged foreign currencies.
The Currency Exchange Pocket is a service that allows users to exchange foreign currencies and store them without any time limit, even if they do not have a foreign currency account on Woori Bank's mobile banking app, One Banking.
Additionally, customers can visit a branch at any time to receive the foreign currency, re-exchange it into Korean won, or deposit it into a foreign currency account.
The currencies available for exchange in this service include a total of 21 foreign currencies such as US Dollar (USD), Japanese Yen (JPY), and Euro (EUR). Without any transaction performance conditions, preferential exchange rates of up to 90% for USD and up to 80% for JPY and EUR can be applied.
The exchangeable amount ranges from a minimum of 10 USD equivalent to a maximum of 5,000 USD equivalent per day. For USD, exchanges up to 10,000 USD are possible during business hours. The maximum storage limit is up to 10,000 USD equivalent.
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A Woori Bank official stated, "By utilizing the exchange rate graph provided in the Currency Exchange Pocket, customers can conveniently decide the timing for exchange and re-exchange," adding, "Real-time yield information is also provided in the Currency Exchange Pocket storage details, making it useful for small-scale currency trading."
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