A New Standard for Corporate FX: Woori Bank's 'WooriWON FX' Receives Praise at G-FAIR
Woori Bank has launched support for foreign exchange risk management for small and medium-sized enterprises (SMEs) by promoting its corporate non-face-to-face FX platform, 'WooriWON FX'.
On November 3, Woori Bank announced that it had successfully concluded its participation in the 28th 'G-FAIR KOREA 2025', held at KINTEX. This event is the largest domestic exhibition for developing export channels, with over 500 SMEs participating.
At its dedicated booth in the technology hall, Woori Bank demonstrated the core features of 'WooriWON FX', including real-time exchange rate inquiry, order placement, and automatic settlement. Visitors were able to experience the platform firsthand and expressed a high level of satisfaction with its trading convenience. In addition, customized foreign exchange risk consultations for import and export companies were provided, receiving a positive response.
'WooriWON FX' is a corporate FX platform launched in January 2024, supporting spot FX, forward FX, and FX-SWAP transactions. It provides real-time exchange rate information for a total of 24 currencies, as well as advanced features such as limit orders and time-specified transactions, enabling users to trade efficiently at their desired rates and times. Companies can sign up non-face-to-face through Woori Bank's corporate internet banking or by visiting a branch office.
Hot Picks Today
"How Much Will They Get?" 600 Million vs. 460 Million vs. 160 Million... Samsung Electronics DS Division's 'Three Wallets Under One Roof'
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- Kim Young-hoon, the Problem Solver Who Averted Samsung Electronics' General Strike... Breakthrough Achieved Through the Power of Dialogue
- Room Prices Soar from 60,000 to 760,000 Won and Sudden Cancellations: "We Won't Even Buy Water in Busan" — BTS Fans Outraged
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
A Woori Bank representative stated, "At this G-FAIR, we confirmed strong interest by showcasing the differentiated features of 'WooriWON FX'. We will actively support SMEs in managing FX risk by leveraging strengths such as real-time trading in 24 currencies and time-specified transactions, and will continue to expand a convenient foreign exchange environment from a productive finance perspective."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.