BNK Gyeongnam Bank Holds 'New Banknote Exchange Event' in the Metaverse

Exchange of New 10,000 Won Bills Available from 1 Million Won
Up to a Maximum of 3 Million Won

BNK Gyeongnam Bank announced on the 17th that it is conducting a "New Banknote Exchange Event" in the metaverse "KNiverse."

This unique event allows customers to apply in the metaverse and exchange physical banknotes at the BNK Gyeongnam Bank head office branch. One can exchange 10,000 KRW new banknotes from 1 million KRW up to a maximum of 3 million KRW per person. (Limited to 10 people per month)

BNK Gyeongnam Bank expects this event to be helpful for customers who need new banknotes for special occasions such as weddings and have to visit multiple banks, especially as the quantity of new banknotes distributed to banks has decreased due to the reduction in new banknote issuance.

Currently, physical exchanges are only possible at the BNK Gyeongnam Bank head office (Seokjeon-dong, Masanhoewon-gu, Changwon-si), but the event will be expanded in the future to allow exchanges in major business areas of Busan, Ulsan, Gimhae, Jinju, and other parts of the Busan-Ulsan-Gyeongnam region.

Lee Kyung-gi, leader of the Digital Strategy Department, said, "We put a lot of thought into creating services that customers can actually use in the metaverse. This new banknote exchange event was created with that in mind. We will strive to make BNK Gyeongnam Bank’s metaverse KNiverse a practical service."

Choi, a customer residing in Masanhoewon-gu, Changwon-si, visited the BNK Gyeongnam Bank head office on the 25th of last month and exchanged new banknotes using the metaverse for the first time in his life.

Having exchanged 3 million KRW in new banknotes, Choi expressed satisfaction, saying, "My daughter is about to get married, so I needed new banknotes. Exchanging new banknotes usually requires a lot of effort, but it was good to be able to exchange them easily using BNK Gyeongnam Bank’s metaverse."

BNK Gyeongnam Bank opened "KNiverse," a virtual Gyeongnam Bank on the metaverse platform ZEP, in May.

KNiverse is a compound word of Gyeongnam Bank’s "KN" and "Metaverse," meaning a metaverse that grows together. It consists of various virtual spaces such as an exterior road view of the BNK Gyeongnam Bank head office building, lobby, branch office, bank president’s office, secret vault, promotional hall, history hall, and financial consumer protection hall.

Each space is decorated with distinctive content, and the event is characterized by providing content that can be used continuously and is helpful in real life, rather than being a one-time experience.

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