Woori Bank Launches 'Woori The Dollar Foreign Currency Savings Account'

[Asia Economy Reporter Kwangho Lee] Woori Bank announced on the 22nd that it has launched 'Woori The(The) Dollar Foreign Currency Installment Deposit,' a dollar foreign currency installment deposit product exclusively for Woori WON(WON) Banking.

Woori The Dollar Foreign Currency Installment Deposit is a dollar-only foreign currency installment deposit product launched to meet customer needs amid increasing demand for US dollar assets such as overseas stock investment and the normalization of overseas travel after the end of COVID-19.

The subscription target for this deposit is individual customers, with a subscription period of 6 months, and it is possible to subscribe in units of 1 dollar up to a maximum of 50,000 dollars.

In addition, customers can choose automatic transfer cycles on every business day, weekly, or monthly basis, and can freely make additional payments without limit through the 'Target Exchange Rate Notification Service,' which notifies customers of the exchange rate designated in advance.

Furthermore, after just one week from subscription, customers can withdraw in dollar bills immediately without cash handling fees, and exchange rate benefits have been enhanced by offering an 80% preferential exchange rate until the end of December.

An event commemorating the launch of Woori The Dollar Foreign Currency Installment Deposit will also be held until the 30th of next month. During the event period, the first 1,000 new subscribers will receive a 'Lucky 2 Dollars' deposit in the customer's name.

Additionally, through a lottery, a total of 111 people will be awarded, including one person receiving a 1 million KRW National Tourism Gift Certificate, three people receiving 500,000 KRW National Tourism Gift Certificates, seven people receiving 100,000 KRW National Tourism Gift Certificates, and 100 people receiving 20,000 KRW GS25 mobile gift certificates.

A Woori Bank official said, "We will continue to launch foreign currency deposit products reflecting the latest trends."

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