Hana Bank Launches Non-Face-to-Face Corporate Foreign Exchange Service 'Hana Trade Easy'
[Asia Economy Reporter Kiho Sung] Hana Bank announced on the 16th that it will implement the non-face-to-face based 'Hana Trade EZ' service to enhance convenience for corporate foreign exchange transaction customers.
The newly introduced 'Hana Trade EZ' service allows the entire process of export receivables purchase (O/A) application and review to be conducted non-face-to-face. Without visiting a branch, businesses can apply for export receivables purchase and upload supporting documents through corporate internet banking to complete the process.
Additionally, all processes of corporate overseas remittances, including non-face-to-face foreign currency remittance, receipt of overseas remittances, and uploading various supporting files, will be possible through Hana Trade EZ.
In particular, by establishing a new menu for 'Application for Conversion from Export Bill Collection to Purchase,' the efficiency of fund management has been maximized by allowing purchase conversion applications even during letter of credit collection transactions.
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A Hana Bank foreign exchange product section official stated, "In the untact era, we launched the Hana Trade EZ service to enable efficient foreign exchange transactions for corporate customers," adding, "As Korea's top foreign exchange bank with expertise in foreign exchange, we will continue to provide innovative financial services such as expanding non-face-to-face transaction processes."
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