NH Nonghyup Bank's Chuseok 'Foreigners' Salary Overseas Remittance Event'

[Asia Economy Reporter Eunju Lee] NH Nonghyup Bank will hold an overseas remittance event for foreign customers from August 29 to September 30.

This event is targeted at foreign customers, and during the period, if they make an overseas remittance transaction of foreign payroll amounting to at least USD 300 per transaction, they will be entered into a draw to receive ▲Nongchon Sarang Gift Certificate worth 1,000,000 KRW (1 person) ▲Nongchon Sarang Gift Certificate worth 500,000 KRW (2 people) ▲Nongchon Sarang Gift Certificate worth 100,000 KRW (10 people) ▲Nongchon Sarang Gift Certificate worth 10,000 KRW (100 people).

Foreign payroll overseas remittance refers to sending wages or income earned in Korea by foreigners to overseas. If the total amount per individual is within USD 50,000 annually, overseas remittance is possible without additional documentation. Also, by using NH Smart Banking, foreigners can easily complete the entire process from applying for 'Designated Foreign Exchange Bank for Transactions' required for foreign payroll overseas remittance to the remittance itself without visiting a branch.

Lee Yeon-ho, Vice President of the Corporate Investment Finance Division, said, "Through this event, we hope many foreigners can send warm feelings to their homeland and enjoy abundant benefits," adding, "We will continue to provide various events and services for foreign customers."

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