This service is designed to assist veterans living abroad who do not have local bank accounts, allowing them to receive and use foreign currency remittance checks directly.
The Ministry of Veterans Affairs plans to transition to a remittance payment method for veterans living overseas starting in 2027 to enhance the convenience of benefit receipt. However, to minimize the inconvenience for some beneficiaries who find it difficult to open and use overseas accounts, KB Kookmin Bank has collaborated with the ministry to introduce the KB Veterans Benefit Remittance Check service.
To reduce the burden on customers using this service, KB Kookmin Bank will waive all fees associated with issuing remittance checks. This initiative aims to make it easier for national merit recipients and their families living abroad to receive their benefits.
A representative from KB Kookmin Bank stated, "This service has been established to ensure that veterans living abroad can receive their benefits more conveniently and securely. We will continue to contribute to creating social value through various inclusive financial practices for those who have dedicated themselves to the nation."
In addition to launching this new service, KB Kookmin Bank is also participating in volunteer activities at the National Cemetery in Seoul to commemorate National Defense and Veterans Month.
* This article has been translated by AI.
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