Search results for Hana EZ
Finance
Korean banks step up push for foreign customers with dedicated products and specialised networks
South Korean banks are intensifying competition to attract foreign customers as the number of foreigners staying in the country rises. Banks are expanding services beyond currency exchange and overseas remittances to payroll transfers, savings products, credit loans and wealth management. Major banks have strengthened dedicated products and specialised service networks. The combined number of foreign customers at key banks is estimated at about 7.9 million, with foreign deposit balances topping 27 trillion won.
Fintech
Hana Bank launches Fast-Fit remittance service with real-time tracking
Hana Bank launched a U.S. remittance service aimed at improving processing speed and transparency. The Fast-Fit remittance service allows customers to check fees and the amount the recipient will receive before sending money, and to track the transfer status in real time after remittance. It uses the SWIFT network\'s Retail Payments Scheme and was first implemented at 26 banks in 10 countries. Hana Bank plans to expand the service to Australia and Canada.
Finance
Hana Bank teams up with public delivery app Mukggae-bi to support small merchants
Hana Bank said on Tuesday it signed a strategic partnership with the operator of public delivery app Mukggae-bi to provide financial support for local small merchants and promote use of the app. The agreement aims to ease management burdens as merchants face high inflation and rising fees and labour costs. The bank plans dedicated products and links to policy financing, along with affiliated cards, discount coupons and services for foreign users.
