Korea Investment & Securities Hosts Event for Foreign Currency RP Automated Trading Service
Korea Investment & Securities announced on the 10th that it will hold a foreign currency RP automatic trading service event for branch and Bankis customers until the 31st of this month.
The foreign currency RP automatic trading service automatically buys customers' foreign currency deposits at a set time on each business day and automatically sells them on the next business day. By investing in foreign currency RP through this service, customers can receive an industry-leading interest rate of 3.9% per annum, allowing efficient management of standby funds for investing in U.S. stocks. The service can be applied for at Korea Investment & Securities branches or through the ‘Korea Investment’ app.
In this event, 20 customers who newly apply for the foreign currency RP automatic trading service will be selected by lottery to receive generous prizes such as Dyson Airwrap, Dyson vacuum cleaner, iPad, and AirPods. Additionally, based on the foreign currency RP account balance as of the event end date, December 31, all customers will receive department store gift certificates. Deposits of $100,000 or more will receive a 50,000 KRW gift certificate, $50,000 or more will receive a 20,000 KRW gift certificate, and $30,000 or more will receive a 10,000 KRW gift certificate.
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This event allows multiple entries, and the lottery and prize distribution will take place in January next year. The dollar deposit interest rate may fluctuate depending on U.S. policies and Korea Investment & Securities' interest rate changes. For more details, please check the Korea Investment & Securities website and the ‘Korea Investment’ app.
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