BNK Busan Bank Launches Mobile Banking Loan Transfer Service for Jeonse Deposit Loans

Refinancing Jeonse Deposit Loans from Other Financial Institutions Without a Visit

BNK Busan Bank (President Bang Seong-bin) expanded the 'Loan Transfer GO!' service to include Jeonse deposit loan refinancing applications through its mobile banking app on the 1st.

Busan Bank Headquarters.

With the customer's consent, Busan Bank staff directly verify the repayment information of the loan to be refinanced and proceed with loan screening and repayment. Previously, customers had to visit branches in person and gather information such as the balance, interest, and early repayment fees of loans held at other financial institutions.

Even if operating the mobile banking app is difficult, customers can visit the nearest Busan Bank branch to undergo refinancing loan screening. The refinancing target institutions include a total of 22 financial companies such as banks and insurance companies.

The mortgage loan transfer service, which was first implemented on January 9, received applications totaling about 160 billion KRW and around 700 cases within 15 business days.

Kim Yong-gyu, Head of Customer Marketing at Busan Bank, said, “Since Jeonse deposit loans are financial products directly related to housing, we hope this expansion will help ease interest burdens and stabilize housing. Busan Bank will continue to strive to provide financial consumers with better products and financial services.”

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