KakaoBank Adds Samsung Securities to Stock Account Opening Service for Securities Firms

[Asia Economy Reporter Buaeri] KakaoBank announced on the 15th that it has added Samsung Securities to the securities firms eligible for its stock account opening service.

Users can open a Samsung Securities stock account through the KakaoBank mobile application (app). KakaoBank's 'Securities Firm Stock Account Opening Service' simplifies the procedure by allowing customers to apply for stock account opening based on the information entered when opening a deposit and withdrawal account.

To commemorate the partnership with Samsung Securities, KakaoBank will provide a 5,000 KRW account opening congratulatory bonus to customers who open a Samsung Securities stock account for the first time through the app by June 30, and will offer lifetime preferential stock trading commission benefits. For customers trading overseas stocks with Samsung Securities for the first time, an investment support fund of 20 USD will be given, and a congratulatory support fund of up to 80 USD will be provided depending on the amount of online overseas stock trading in an event.

Meanwhile, since its launch in March 2019, the number of stock accounts opened through KakaoBank's 'Securities Firm Stock Account Opening' service has exceeded 5.83 million as of the end of February this year. The securities firms where stock accounts can be opened via the KakaoBank mobile app include Korea Investment & Securities, NH Investment & Securities, KB Securities, Hana Financial Investment, Shinhan Financial Investment, and Samsung Securities, totaling six firms.

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