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KIUM Securities Foreign Stock Account Foreign Currency Transfer Made Easier with a Virtual Foreign Currency Account!

  • Written Language: Korean
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Created: 2024-10-07

Created: 2024-10-07 12:49

Investors looking to start investing in overseas stocks may be wondering how to deposit foreign currency into a Kiwoom Securities overseas stock account. However, did you know that unlike a typical bank account, you cannot directly deposit foreign currency into a Kiwoom Securities overseas stock account? This is where a "virtual foreign currency account" comes in handy.

Why use a virtual foreign currency account?

Convenient foreign currency deposit: You can easily transfer foreign currency from your bank to your Kiwoom Securities virtual foreign currency account.
Cost savings: You can deposit foreign currency without any additional fees.
Fast deposit processing: Deposited foreign currency is quickly reflected in your account.

How to create and use a virtual foreign currency account?

You can easily create a Kiwoom Securities virtual foreign currency account through the Hero MTS# app or Hero Global program. Refer to the article linked above for detailed instructions.

Precautions when using a Kiwoom Securities virtual foreign currency account

Physical deposits and withdrawals are not possible with a virtual foreign currency account. Only transfers are allowed.
Transfer fees may vary depending on the bank. Check the fees with your bank before transferring.
You must accurately enter your virtual foreign currency account information. Incorrect information may delay the transfer.

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