KB Kookmin Bank is waiving remittance fees to support recovery efforts in Nepal following severe flooding.
On September 3, KB Kookmin Bank announced the launch of its "Nepal Remittance Support Program" for individual and corporate customers sending money to Nepal.
Under this program, customers can remit funds to Nepal without incurring any remittance fees, regardless of the purpose.
For donations aimed at recovery efforts, the support is even greater. KB Kookmin Bank will waive both remittance fees and telegraphic transfer fees, while also offering a 100% exchange rate benefit for donations.
The support program will be available at all KB Kookmin Bank branches until October 30. Starting from September 11, it will also be accessible through non-face-to-face channels such as KB Star Banking.
A KB Kookmin Bank official expressed condolences to the people of Nepal, stating, "We extend our deepest sympathies to the citizens of Nepal who have suffered greatly due to the sudden flooding. We hope the affected areas recover swiftly so that the people of Nepal can return to their daily lives as soon as possible."
Meanwhile, a massive flood that struck the Nepal-China Himalayan region on August 26 has resulted in at least 1,114 fatalities and left 3,916 people missing in Nepal. Reports indicate that 583 of the missing individuals are foreign nationals.
* This article has been translated by AI.
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