DGB Daegu Bank Launches 'IDREAM Foreign Currency Free Savings' with Up to 80% Exchange Rate Discount

0.3% Interest Rate Benefit for Minors and First-Time New Subscribers
Up to 90% Discount Event Throughout May

DGB Daegu Bank launches 'IDREAM Foreign Currency Free Installment Savings'. Photo by DGB Daegu Bank

DGB Daegu Bank announced on the 9th that it has launched the ‘IDREAM Foreign Currency Flexible Savings’ account, which offers up to 80% preferential exchange rates and preferential interest rates when exchanging currency, and will hold a launch event throughout May.

The ‘IDREAM Foreign Currency Flexible Savings’ account provides a basic exchange rate discount of 70% and can be opened with a minimum of 10 dollars. It is available in US dollars, Japanese yen, and euros, with a subscription period of 12 months. As a flexible installment savings account, additional deposits are allowed. Customers can subscribe through branches or the Daegu Bank application (app) ‘iM Bank’.

New subscribers are offered up to an 80% preferential exchange rate within a monthly limit of 1,000 dollars for one year. Minors and first-time new customers receive an additional interest rate benefit of up to 0.3%.

A launch event offering preferential exchange rates and discount coupons is also being held. All customers who subscribe to the ‘IDREAM Foreign Currency Flexible Savings’ account during this month will receive a 90% preferential exchange rate on new deposits and automatic transfer amounts (up to 1,000 dollars per month) for one year. Additionally, all subscribers will receive a 20,000 KRW discount coupon for ‘Siwon School’ elementary English learning and a 20,000 KRW discount coupon for all language learning materials.

Hwang Byeong-woo, President of Daegu Bank, said, “Considering the increasing customer demand for foreign currency deposits due to the rise in US interest rates, we have launched a new foreign currency product,” and added, “We will continue to strive to create a deposit environment that benefits our customers.”

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