One App for All Your Currency Exchange Needs! ... DGB Daegu Bank Launches Real-Time Exchange and Reservation 'Foreign Currency E-Wallet'

Store up to $10,000 without time limit, enjoy up to 90% exchange rate discount

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] DGB Daegu Bank has introduced a multifunctional wallet for storing foreign currency.

Daegu Bank launched the ‘Foreign Currency E-Wallet’ service through the IM Bank app, which allows easy storage of foreign currency, real-time exchange, and various conveniences such as exchange at desired rates.

This service was planned in anticipation of the activation of overseas travel following the lifting of social distancing measures. It focuses on convenience by allowing users to exchange foreign currency in the IM Bank virtual account and withdraw cash anytime.

The Foreign Currency E-Wallet service boasts a real-time exchange function and a ‘Desired Rate Exchange Reservation’ feature that automatically exchanges currency when the customer’s requested rate is reached.

Additionally, users can receive and re-exchange foreign currency at their preferred branch on their desired date, and store up to 10,000 USD without any time restrictions.

The currencies available for exchange include a total of 14 currencies such as US Dollar (USD), Japanese Yen (JPY), Euro (EUR), and Chinese Yuan (CNY), with additional preferential exchange rates of 90% for USD and 80% for JPY and EUR.

Im Seong-hoon, the bank president, introduced the service, saying, “It will be a customized service recommended for overseas travelers as it allows pre-exchange and storage through real-time and desired rate reservations,” and added, “It is easy and convenient to exchange and can also be used for exchange rate investment.”

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