Woori Bank Implements 'Full Fee Waiver' for Non-Face-to-Face Individual Retirement Pension Customers

[Asia Economy Reporter Lee Kwang-ho] Woori Bank announced on the 30th that it will waive all management and asset management fees for all customers who have subscribed to the Individual Retirement Pension (IRP) through internet banking and Woori Won banking starting from the 1st of next month.

The IRP is a representative tax-saving product that allows for both retirement preparation and tax deductions simultaneously. By contributing up to 7 million KRW annually, customers can receive tax deduction benefits of up to 1,155,000 KRW.

Along with the full waiver of IRP fees, Woori Bank will also hold a customer appreciation event for customers who newly subscribe to IRP through non-face-to-face channels from the 1st of next month until December 31st.

The event targets customers who subscribe to IRP non-face-to-face and deposit more than 100,000 KRW, customers who register automatic transfers for more than one year, and customers who make additional payments of over 1 million KRW (including ISA maturity conversion, retirement pay deposits, and contract transfers). Through a draw, a total of 2,214 winners will receive prizes such as Dyson Pure Humidify+Cool (2 winners), Samsung Cube Air Purifier (12 winners), GS25 convenience store mobile coupons (1,100 winners), and Starbucks mobile coffee coupons (1,100 winners).

A Woori Bank official stated, "We will continue to provide better products and services to manage our customers' valuable pension assets."

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