Acuon Savings Bank, First in Financial Industry to Offer Non-Face-to-Face Currency Exchange Service via DTM
[Asia Economy Reporter Song Seung-seop] On the 21st, Aequan Savings Bank announced that on the 20th, it installed the industry's first unmanned foreign currency exchange machine (DTM, Digital autoTeller Machine) at the Busan Financial Center located in Seomyeon, Busan, allowing customers to exchange foreign currency on the spot without visiting a counter.
The non-face-to-face exchange service is available not only to Aequan Savings Bank customers but also to foreigners and locals who do not have an account. It is provided with a daily limit of up to 2,000 dollars per person and handles a total of 15 currencies including US dollars, Japanese yen, European euros, and Chinese yuan.
To use the service, customers must bring an identification card such as a resident registration card, passport, or driver's license that can verify their identity.
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The unmanned foreign currency exchange machine can be used by verifying the authenticity of the customer's ID, applying for an electronic wallet issuance, selecting the currency to be exchanged, and directly inserting the deposit. Amounts below the minimum currency value generated during the exchange process are processed through the electronic wallet issued individually.
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