Woori Bank Launches 'Designated Foreign Exchange Bank for Non-Face-to-Face Transactions' Service for Foreigners

[Asia Economy Reporter Jin-ho Kim] Woori Bank announced on the 26th that it will implement the ‘Non-face-to-face Foreign Exchange Bank Designation’ service through Woori One Banking, allowing foreigners to send overseas remittances easily and quickly.

The Woori One Banking ‘Non-face-to-face Foreign Exchange Bank Designation’ service had been operated only for general domestic customers, international students, or overseas residents. By expanding the target to include foreigners this time, foreign workers with high demand for remittances to their home countries can conveniently and simply use the non-face-to-face remittance service.

Foreigners can also send remittances up to USD 50,000 annually after designating a ‘Non-face-to-face Foreign Exchange Bank’ without visiting a branch. For remittances exceeding USD 50,000 annually, customers can apply by preparing income verification documents and visiting the nearest branch.

A Woori Bank official stated, “This is an easy and convenient service reflecting the needs of foreign customers with high demand for non-face-to-face remittances,” and added, “We will continue to expand services that reflect the non-face-to-face financial transaction needs of foreign customers.”

Meanwhile, Woori Bank provides various specialized remittance services for foreign customers. Through the foreign customer-exclusive ‘Woori Global Banking’ app, it offers the fast and affordable ‘Woori Global Quick Remittance’ and the ‘Mobile MoneyGram Service,’ which allows remittances even without an overseas receiving account.

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