Service Collaboration for Transfers and Payments

The Korea Student Aid Foundation and Toss Bank signed a Memorandum of Understanding (MOU) on the 25th at the Korea Student Aid Foundation Seoul Office's main conference room.


Toss Bank has been ranked No. 1 in the domestic category for two consecutive years by Forbes as the "World's Best Bank" and has established itself as a safe internet bank trusted by 10 million customers.

In the conference room of the Seoul office of the Korea Student Aid Foundation, Hwang Byung-gi, Director of the Korea Student Aid Foundation (right), and Kim Ji-woong, Chief Strategy Officer (CSO) of Toss Bank, are attending the business agreement ceremony and posing for a commemorative photo.

In the conference room of the Seoul office of the Korea Student Aid Foundation, Hwang Byung-gi, Director of the Korea Student Aid Foundation (right), and Kim Ji-woong, Chief Strategy Officer (CSO) of Toss Bank, are attending the business agreement ceremony and posing for a commemorative photo.

View original image

In particular, Toss Bank supports customer-centric services so that anyone can easily and conveniently enjoy all functions and benefits without prior learning.


The Korea Student Aid Foundation and Toss Bank plan to mutually cooperate to provide financial services such as fund transfers for student aid and principal and interest collection.


Additionally, through this MOU, the Korea Student Aid Foundation expects to improve customer accessibility and satisfaction by forming partnerships with all banks, including internet banks.


Hwang Byung-gi, Standing Director of the Korea Student Aid Foundation, said, "We are grateful to Toss Bank for sharing the intention to increase accessibility to student loans without fee burdens and reduce repayment burdens through this MOU. We will continue to actively collaborate to support convenient student loan access and repayment."



Kim Ji-woong, Chief Strategy Officer (CSO) of Toss Bank, said, "We are pleased to support the dreams of young people through this agreement with the Korea Student Aid Foundation, and we will cooperate to provide convenient services to youth based on Toss Bank’s customer-centric services."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing