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Shinhan Bank Foreign Currency Remittance Guide: Quick and Easy via Internet Banking & Mobile Banking!

  • Written Language: Korean
  • Country: All Countriescountry-flag
  • Economy

Created: 2024-10-07

Created: 2024-10-07 12:42

The need to wire foreign currency has increased due to factors like overseas travel and investments. Shinhan Bank customers, in particular, can conveniently send foreign currency through internet and mobile banking. However, the various transfer methods and procedures might be confusing for some. This article will detail the Shinhan Bank foreign currency transfer process step-by-step, focusing on transferring funds to a Kiwoom Securities overseas stock account.

Why Choose Shinhan Bank for Foreign Currency Transfers?

Convenience: Easily transfer funds anytime, anywhere via internet and mobile banking
Security: Securely utilize Shinhan Bank's safe system
Wide Range of Currencies Supported: Conveniently transfer various foreign currencies
Exchange Rate Benefits: Receive exchange rate benefits through various events

How to Transfer Foreign Currency with Shinhan Bank?

Shinhan Bank foreign currency transfers are mainly done through internet and mobile banking.

Internet Banking: Transfer funds by accessing the Shinhan Bank website through a PC or laptop
Mobile Banking: Transfer funds via the Shinhan SOL app installed on your smartphone

Please refer to the linked article above for detailed procedures for each method.

Why Transfer Foreign Currency to a Kiwoom Securities Overseas Stock Account?

Transferring foreign currency to a Kiwoom Securities overseas stock account is beneficial because it can save on exchange fees. However, direct account number entry for transfers is not possible. Therefore, you must register a foreign currency virtual account provided by Kiwoom Securities and use this account information for the transfer.

Points to Note When Transferring Foreign Currency with Shinhan Bank

Transfer Fees: Fees vary depending on the transfer amount, currency, and method, so it's essential to check beforehand.
Transfer Time: Check the available transfer time and processing time.
Recipient Information: Accurately enter the recipient's bank name, branch name, and account number.
Exchange Rate Fluctuations: The actual amount received may vary due to exchange rate fluctuations.

Want to Know More About Shinhan Bank Foreign Currency Transfers?

For more detailed information, please check the Shinhan Bank website or visit a branch.

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