iM Bank Signs Overseas Remittance Partnership with US BNY

"Strengthening Competitiveness to Enhance Customer Convenience"

iM Bank announced on the 4th that it has signed a strategic partnership with BNY (The Bank of New York Mellon) at its Daegu Suseong headquarters to strengthen competitiveness in overseas remittances.

The two companies will cooperate to enhance convenience for overseas remittance users, including agreeing to proceed with a project to add more currencies available for overseas remittances. Following last year's launch of the US-specialized remittance "Overseas Remittance Lite Service" utilizing BNY's network, iM Bank also held an event allowing remittances at 700 KRW without additional costs such as intermediary fees from overseas banks. This event will run until the 28th of this month.

Choi Sang-su, Head of Marketing Group at iM Bank, expressed, "We are pleased to have enhanced overseas remittance competitiveness between the two companies through this partnership, improving customer convenience, and we will continue to strive to provide innovative foreign exchange services centered on our customers."

On the 4th, at the iM Bank Daegu Suseong Main Branch, Choi Sang-su, Head of the iM Bank Marketing Group (left in the photo), and Jonathan Hiki, Head of BNY APAC Overseas Remittance (right in the photo), signed a strategic partnership to strengthen overseas remittance competitiveness and took a commemorative photo. Provided by iM Bank

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