Toss Bank "Korea Investment & Securities Issued Notes Available for Purchase 24/7, 365 Days"

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[Asia Economy Reporter Minwoo Lee] The purchase availability time for Korea Investment & Securities' promissory notes subscribed through Toss Bank will be expanded from weekday business hours to unlimited year-round access.

On the 16th, Toss Bank announced that it will expand the purchase availability time for Korea Investment & Securities' promissory notes, introduced through the 'Find the Financial Product That Suits Me' service, to 24 hours a day, 365 days a year. However, the system maintenance time of Korea Investment & Securities (11:10 PM to 12:12 AM the next day) is excluded.

Promissory notes are short-term financial products with maturities of less than one year, issued by large financial institutions with over 4 trillion KRW in equity capital, authorized by financial authorities. The Korea Investment & Securities promissory notes available for subscription from the 17th through Toss Bank are special products with a one-year maturity. Subscriptions are allowed up to 50 million KRW per person, offering an annual interest rate of 4.2% (pre-tax). The special offer may end early if the limit is exhausted.

This product was previously introduced on the 10th of last month. After its launch, the special offer limit of 200 billion KRW was fully exhausted within four days. Subscription to this product is possible only with a Korea Investment & Securities account linked to Toss Bank. It can be conveniently subscribed to through the Toss Bank ‘Find the Financial Product That Suits Me’ menu without installing a separate application (app).

A Toss Bank official stated, "We will continue to provide products and services that customers can use more effectively."

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