KB Kookmin Bank announced on September 28 that it will hold a 100% exchange rate discount event for corporate clients using its non-face-to-face foreign exchange trading platform, 'KB Star FX,' for the first time. The event will run until November 30.
'KB Star FX' allows customers to check real-time exchange rates and conduct foreign exchange transactions online. The platform is accessible via PC and mobile applications from 8 a.m. to 6 a.m. the following day, with market transactions available starting at 9 a.m.
Corporate clients can utilize a limit order feature that automatically executes trades when a specified exchange rate is reached, helping them manage foreign exchange risk.
The event is open to individual business owners and corporate clients who are using 'KB Star FX' for the first time during the promotional period. Clients who use the 'immediate exchange' service, which settles transaction amounts in either Korean won or foreign currency accounts simultaneously with the exchange, will receive the 100% exchange rate discount benefit without needing to apply separately until the end of November.
A representative from KB Kookmin Bank stated, "We organized this event to alleviate the burden of exchange fees for corporate clients and to facilitate the use of our foreign exchange platform. We will continue to expand practical financial services that support businesses in their global operations."
* This article has been translated by AI.
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