Games & Commerce
Korea Post launches \'Post Office Livelihood Expense Account\' with preferential rates and fee waivers
The Ministry of Science and ICT\'s Korea Post said on Feb. 2 it launched the \'Post Office Livelihood Expense Account\' to protect minimum living expenses and support financial recovery. The account is legally protected from seizure and covers up to 2.5 million won per month. Any individual under real-name registration can open one account, subject to deposit and balance limits. Korea Post also offers preferential rates up to 1.0 percent and waives selected fees.