Shinhan Bank "Get 10,000 Points When Opening a Child's Account"
'Junior Savings King IS BACK' Event
[Asia Economy Reporter Minwoo Lee] Shinhan Bank is conducting an event that provides cash-equivalent points when issuing new accounts for minors.
Shinhan Bank announced on the 22nd that it will hold the 'Junior Savings King IS BACK' event in line with the launch of the 'Minor Pre-Registration' service, which reduces the time required to open new accounts for minors.
The 'Minor Pre-Registration' service allows parents to pre-enter the necessary information for opening a child's account through Shinhan Bank's application (app) 'SOL' and then visit a branch to create the child's account more quickly and easily. By utilizing the Supreme Court's electronic family relationship registration system, submitting family relationship verification documents via mobile to Shinhan 'SOL's electronic document wallet saves the time and cost previously required for issuing documents needed to open a child's account.
In conjunction with the launch of the 'Minor Pre-Registration' service, Shinhan Bank is conducting the 'Junior Savings King IS BACK' event. Until May 31, all minor customers who open a new demand deposit account or a Shinhan Financial Investment securities account will receive 10,000 won in Pocket Money, which can be freely deposited like cash. An additional 10,000 won in Pocket Money will be provided if the account is opened through the 'Minor Pre-Registration' service application.
Also, until November 30, all customers who issue the Shinhan Happiness Voucher, consisting of the Child Happiness Voucher (for ages 7 and under) and the Youth Happiness Voucher (ages 8 to 19), through Shinhan 'SOL' or the website and then subscribe to the Housing Subscription Savings product at a Shinhan Bank branch will receive a 20,000 won voucher.
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A Shinhan Bank official said, "We implemented the ‘Minor Pre-Registration’ process to help parents who struggle with the lengthy time required to open accounts for their children," adding, "We hope this event provides various benefits for children and serves as an opportunity for long-term asset formation.”
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