Kakao Pay Securities Hosts Event for Depositing Domestic and Foreign Stocks from Other Companies
If You Transfer Domestic and Foreign Stocks from Other Companies to Kakao Pay Securities
Receive Up to 300,000 KRW
Kakao Pay Securities announced on the 12th that it will hold an event rewarding up to 1.8 million KRW for transferring domestic and foreign stocks from other companies to its own account.
Any Kakao Pay Securities user who did not participate in last year's domestic and foreign stock transfer event can receive rewards of up to 1.8 million KRW by transferring domestic and foreign stocks traded at other companies to Kakao Pay Securities and trading them from today until April 12.
Kakao Pay Securities offers benefits of 10,000 KRW per 10 million KRW net transfer of domestic stocks and 20,000 KRW per 10 million KRW net transfer of foreign stocks, with a maximum net transfer amount of 1 billion KRW each for domestic and foreign stocks. Benefits are applied separately for domestic and foreign stocks, so users can receive up to 300,000 KRW just by transferring stocks from other companies.
If users trade stocks after transferring, the rewards can be increased up to 6 times. If the cumulative trading amount of domestic and foreign stocks during the event period exceeds 10 million KRW, the existing transfer reward amount will increase from 2 times up to 6 times, allowing users to receive up to 1.8 million KRW through the event. The event applies based on the cumulative trading amount combining both domestic and foreign stocks.
The event is automatically applied without a separate application if the net transfer amount is 10 million KRW or more. However, the balance must be maintained until May 15 based on the net transfer amount, and any balance decrease due to valuation decline of the transferred stocks will not be considered in the conditions.
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Rewards will be paid collectively to users' comprehensive accounts on May 31 after the event ends. Detailed information about the event can be found in the ‘Stocks’ tab of the Kakao Pay app, and event conditions may change depending on Kakao Pay Securities' circumstances.
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