"USD Deposit Interest Rate at 3.5% per Year"... SC Jeil Bank Special Promotion Starts

For First-Time Customers... Ongoing Until the 26th

[Asia Economy Reporter Minwoo Lee] SC First Bank is conducting a special promotion offering a maximum annual interest rate of 3.5% (before tax) on US dollar time deposits.

SC First Bank announced on the 11th that it will hold this special interest rate event for customers who open US dollar foreign currency time deposits until the 26th.

The offer is available to first-time customers who open a foreign currency time deposit of at least 100 US dollars (approximately 130,000 KRW) through SC First Bank branches. Depending on the deposit period, special interest rates of 2.5% for 2 months, 3.0% for 3 months, and 3.5% for 6 months will be provided. The total recruitment limit is 25 million US dollars, and the event will end early once the limit is reached.

For more details, customers can inquire at SC First Bank branches or the customer contact center.

Baesoonchang, Head of Deposit Products at SC First Bank, said, "As global economic volatility increases and the US dollar continues to soar, there has been a noticeable rise in customers seeking dollar deposit products. This event offers an opportunity to manage the globally safe asset, the US dollar, as a time deposit protected by deposit insurance, with industry-leading high deposit interest rates, plus the potential for foreign exchange gains from the appreciation of the US dollar."

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