‘CU Convenience Store Automation Device Partnership’ Established

Gyeongnam Bank Headquarters.

Gyeongnam Bank Headquarters.

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[Asia Economy Yeongnam Reporting Headquarters Reporter Song Jong-gu] BNK Gyeongnam Bank announced on the 1st that it has formed a partnership with Korea Electronic Finance for the ‘CU Convenience Store Automated Devices (CD/ATM) Partnership.’


Through this partnership, BNK Gyeongnam Bank customers can use financial services such as deposits, withdrawals, and account transfers at ATMs installed in approximately 9,000 CU convenience stores nationwide under the same fee conditions as BNK Gyeongnam Bank ATMs.


When withdrawing cash during business hours (weekdays from 8:30 AM to 6:00 PM, Saturdays from 8:30 AM to 2:00 PM), no fees are charged, and after business hours, a discounted fee of 600 KRW is applied.


The withdrawal limit is 700,000 KRW per transaction and 6,000,000 KRW per day.


Also, account transfers to BNK Gyeongnam Bank accounts are free of charge, while transfers to other banks incur a fee of 700 KRW during business hours and 1,000 KRW after business hours.


Following the partnership with Seven Eleven convenience stores (approximately 8,200 units) established in 2016, this new partnership with CU convenience stores enables BNK Gyeongnam Bank customers to access banking services nationwide without fee burdens.



Jang Ji-myeong, Head of Strategic Planning Department, stated, “We expect to increase financial accessibility for customers in the metropolitan areas such as Seoul and Gyeonggi, where BNK Gyeongnam Bank branches are relatively few, and improve convenience for financially marginalized groups such as the elderly. BNK Gyeongnam Bank plans to continue collaborating with various companies to provide new and convenient financial services.”


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

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