본문 바로가기 GNB 메뉴 바로가기 하단 메뉴 바로가기
이벤트/공지 ENGLISH

IE 브라우저 업데이트 안내
로그인
  • 글씨크기

Internet Account Exchange Guide

What is internet account F/X service?

  • Customers can buy or sell foreign currencies in their FCY accounts without involving F/X transactions such as foreign currency settlement and overseas remittance.
  • F/X between KRW/FCY accounts : FCY buying/selling available between KRW and FCY accounts. KRW/FCY Account F/X Service
  • F/X between FCY accounts : FCY conversion available between FCY accounts. FCY Account F/X Service

Service hours

  • 24hours (Available on Saturday, Sunday and holidays)
  • Service hours may change depending on branch F/X rate notification and online closing time.

Requirements

  • You must be registered for Internet Banking Service to use the account exchange service.
  • You must have a unrestricted deposit/withdrawal account

    (Passbook Deposit Account, Savings Account etc, FX Passbook Deposit Account, FX Current Deposits)

  • For foreign residents and non-residents, you must have a registered foreign exchange bank registered in advance.
  • KRW accounts and foreign currency accounts must be registered as an internet banking withdrawal account.
  • The total transaction amount may not exceed $10,000 after business hours until the start of the next business day(09:00).
① On weekdays: Up to transactions within US $5,000 available after Aug 10(Wed) business hours 18:00 and before Aug 11(Th) Business hours (09:00) ② If it includes a weekday or a holiday: Up to transactions within $5,000 Aug 12 (Fri) After 18:00 on weekends and holidays and before 8/16 (Tuesday) Business hours (09:00)

How to use

Transaction menus for F/X between KRW/FCY accounts

Transaction menus for F/X between KRW/FCY accounts Menu
Menu How to use Applying rate
Buy FCY Click "Buy FCY" and conduct transaction. The converted amount is withdrawn from the KRW account and the FCY amount is deposited to the FCY account automatically CKI T/T selling rate
Sell FCY Click "Sell FCY" and conduct transaction. Then the amount is withdrawn from the FCY account and the converted KRW amount is deposited to the KRW account automatically. CKI T/T buying rate

Transaction menu for F/X between FCY accounts

Transaction menu for F/X between FCY accounts Menu
Menu How to use Rate Applied
Buy FCY The FCY amount to buy is converted into the KRW amount (T/T selling rate is applied) and the converted KRW amount is withdrawn in the withdrawal account currency from the withdrawal account. (Notified base rate is applied) Notified CKI base rate & T/T selling rate
e.g.) If you want to withdraw funds from the USD account to buy AUD $1,000,
1) convert AUD $1,000 to the KRW amount: T/T selling rate is applied
2) The converted KRW amount is exchanged to the USD amount using the notified base rate, and the converted USD amount is withdrawn from the USD account.

Preferential F/X rate

  • Preferential F/X rates discounted by 50% will apply regardless of the F/X amount.
  • The preferential rate means that the bank discounts a certain % from the difference between the notified base rate and the transaction rate (T/T selling rate).

Advantages of internet account F/X service

  • Customers can buy and sell foreign currencies without restrictions as they do with stocks.
  • Customers may buy foreign currencies at low exchange rates and use, when necessary, to make FCY settlement or overseas remittance.
  • Customers do not need to visit branches for F/X transactions if our online overseas remittance or L/C settlement services are linked.