NongHyup Bank Offers 90% Discount on Exchange Rates for All Currencies

[Asia Economy Reporter Kiho Sung] NH Nonghyup Bank announced on the 3rd that it will hold a commemorative event for the launch of 'NH HwanTech Foreign Currency Revolving Deposit I·II' from January to the end of March in celebration of its 10th anniversary.

'NH HwanTech Foreign Currency Revolving Deposit' is a fixed deposit product where customers set a target exchange rate at the time of subscription; if the target exchange rate is reached, the deposit is automatically terminated, and if not reached, it automatically revolves. Both individuals and corporations can subscribe with a minimum amount equivalent to USD 100 and a maximum amount equivalent to USD 1 million.

Also, the target exchange rate is checked ▲daily for 'NH HwanTech Foreign Currency Revolving Deposit I' ▲at the end of the revolving period for 'NH HwanTech Foreign Currency Revolving Deposit II'; if the exchange rate target is reached, the deposit is automatically terminated, and if not, it revolves within the contract period.

To commemorate the launch, Nonghyup Bank will hold a customer event from January to the end of March. During this period, ▲a 90% preferential exchange rate on all currencies ▲a total of 151 prizes including one 'Apple Watch 7th generation' will be given to customers selected by lottery. In January, among those who answer the product-related quiz posted on NH Nonghyup Bank's social media (SNS) accounts correctly, a total of 300 people will be selected by lottery to receive 'Starbucks gifticons and Oli 3-year diaries.'

Lee Yeon-ho, Vice President of the Corporate Investment Finance Division, said, “Through NH HwanTech Foreign Currency Revolving Deposit, we will be able to meet the needs of customers who want both interest and foreign exchange gains,” and added, “We will continue to provide various products and services for foreign exchange customers.”

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