Shinhan Bank and Samsung Securities Launch 'Overseas Stock Primer Event' Linking Overseas Stock Accounts

[Asia Economy Reporter Kwangho Lee] Shinhan Bank announced on the 6th that it will hold the 'Overseas Stock Starter Event' until the 30th of next month for customers who open a Samsung Securities overseas stock account linked to a foreign currency deposit and withdrawal account.

The Overseas Stock Starter Event provides the first 4,000 customers who open a Samsung Securities overseas stock account linked to Shinhan Bank's Foreign Currency Change-Up Deposit with 10 USD, and an additional 10 USD to the first 2,000 customers who trade overseas stocks with a cumulative amount of 500 USD or more through the account.

To participate in the event, customers must open a Foreign Currency Change-Up Deposit via Shinhan SOL or M Shinhan and link it to a newly opened Samsung Securities overseas stock account. Customers who already have a Foreign Currency Change-Up Deposit only need to link and open a Samsung Securities overseas stock account.

Since 2019, Shinhan Bank has been providing a linkage service that uses the Foreign Currency Change-Up Deposit, newly opened with the Shinhan Bank foreign currency deposit and withdrawal account, as the settlement account for stocks in Samsung Securities overseas stock accounts.

With this service, customers can conveniently invest in overseas stocks as automatic deposits and withdrawals occur from the Foreign Currency Change-Up Deposit without separate currency exchange or remittance transactions when trading overseas stocks at Samsung Securities.

A Shinhan Bank official said, "Since this event also offers a 90% preferential exchange rate benefit on USD to eligible customers, we hope it will be the start of successful investment for customers planning to invest in overseas stocks."

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