Nonghyup Bank Enhances "Non-face-to-face Overseas Remittance Receiving" Service for YouTubers

NH Nonghyup Bank announced on September 29 that it will strengthen its "Non-face-to-face Overseas Remittance Receiving" service for YouTubers and influencers who earn content revenue from overseas.

The "Non-face-to-face Overseas Remittance Receiving" service allows customers to directly receive remittance payments from Google and Meta, which operate platforms such as YouTube and Instagram, into their NH All One Bank accounts without submitting additional documents.

The previous limit was 5,000 dollars per transaction and 50,000 dollars per year, but with this update, the limit has been expanded to 20,000 dollars per transaction and 100,000 dollars per year.

In addition, the bank offers several benefits, including: ▲ a 50% preferential exchange rate for US dollars, Japanese yen, and euros, and a 30% preferential rate for other currencies; ▲ a 50% exemption on remittance fees; and ▲ customized comprehensive asset management services in finance, tax, and real estate from the NH All 100 Advisory Center.

Comprehensive asset management provides differentiated services based on the customer’s asset status and can be applied for at the bank’s main branches.

Cho Jangkyun, Head of the Foreign Exchange Business Division at Nonghyup Bank, said, "We have revamped our preferential services to enhance convenience for creators generating revenue on overseas platforms," and added, "We will continue to expand the foreign exchange products and services that our customers need."

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