Toss Bank has partnered with NH Investment & Securities and Hana Securities to introduce new investment note products.
On November 5, Toss Bank announced the addition of NH Investment & Securities and Hana Securities' investment note products to its "Wealth Management" service. This service allows customers to explore selected financial products and connect with the respective companies for enrollment.
NH Investment & Securities offers a fixed investment note that requires a one-time investment. Customers can choose between investment periods of six months or one year, with pre-tax yields of 4.7% and 5.0%, respectively. The total sales limit is set at 100 billion won, with a minimum investment of 100,000 won and a maximum of 10 million won per person. The offering will close early if the sales limit is reached.
Hana Securities provides a savings investment note that allows customers to accumulate funds through monthly automatic transfers. Monthly contributions range from 100,000 to 2 million won. If customers meet the terms, including making at least eight contributions and maintaining the investment until maturity, they will receive a pre-tax yield of 6.0%.
Investment notes are financial investment products where securities firms raise funds from customers and pay back the principal and interest after the agreed period. Unlike bank deposits, these products are not covered by deposit protection, and there is a risk of principal loss depending on the issuing firm's credit status.
A Toss Bank representative stated, "Since each customer has different timelines and methods for accumulating funds, we have expanded options to help them find products that suit their plans. We will continue to collaborate with various financial companies to make it easier and more convenient for customers to explore products."
* This article has been translated by AI.
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