Finance
KB Kookmin Bank launches parking account for B2B payment funds with rates up to 2.2 percent
KB Kookmin Bank has introduced a corporate-only parking account that allows companies to manage payment funds generated in business-to-business transactions for short periods. The KB B2B Preferential Account pays interest even for a one-day deposit. It offers a base rate of 0.1 percent a year and up to 2.1 percentage points in preferential rates, for a maximum of 2.2 percent, applied to average balances of up to 1.5 billion won. It also provides fee waivers under certain conditions.
