KB Securities Proposes Gifting Overseas Stocks to Children for Children's Day

[Asia Economy Reporter Kwon Jae-hee] KB Securities introduced the 'Overseas Stock Gifting Service' in celebration of Children's Day, which marks its 100th anniversary this year.

The 'Overseas Stock Gifting Service,' launched by KB Securities on the 2nd, is available on KB Securities' MTS platform 'M-able (Mable)' and the simple investment platform 'M-able mini (Mable Mini)'.

Even if the child does not have a KB Securities account on the day of gifting, the gift can be easily sent like a gifticon with just the name and mobile phone number. If the gifted child does not have a KB Securities account, they must open an account within 7 business days from the gift arrival date and complete the gift acceptance. However, minors cannot open accounts through non-face-to-face methods.

Overseas stocks can be gifted up to a limit of 3 million KRW per day, and gifts can be made not only in whole shares but also in fractional shares. Fractional shares can be gifted starting from a minimum of 5,000 KRW, allowing small amounts to be used to gift shares of U.S. global companies worth hundreds of millions of KRW per share to children.

Ha Woo-sung, head of M-able Tribe, said, "On Children's Day, we suggest gifting fractional shares of global companies such as Tesla and Apple to our future generation, our children, to gift the future of leading companies." He added, "With the emphasis on economic education these days, gifting overseas stocks provides an opportunity for children to study the global economy together."

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