Easy-One Pack Savings Account
As a savings product especially for foreign customers, preferential interest rates are provided based on transaction history, and foreign currency remittance fees are waived
when making an overseas remittance after the deposit account is terminated.
Eligibility : Real-Name Foreigner Personal Account
Enrollment Period : 1 Year
Enrollment Amount : In KRW units of no less than KRW 10,000
Earnings method : Unrestricted earnings of less than KRW 10,000,000 per month.
Applied Interest Rate (Pre-tax, at maturity) : In KRW units of no less than KRW 10,000
-
Interest rates posted on the KEB Hana Bank website and at branches on the date account is opened or renewed.
2.9% per annum (as of Apr. 2013)
Preferential Interest Rate (Pre-tax)
A preferential interest rate of up to 0.3% per annum shall be added to the posted interest rate if the following terms are met prior to the account maturity date (renewed)
| Criteria | Preferential Interest Rate (Maximum 0.3% per annum) |
|---|---|
| If the customer has signed up for the easy-one Foreign Currency Remittance service under their real name and has completed at least one remittance. | 0.1% per annum |
| If customer has an Easy-One Pack account or a N°N account under their real name. | 0.1% per annum |
| If a salary transfer has been completed at least one month before the maturity date. | 0.1% per annum |
| If a KEB Hana Bank account has been used as the payment account for a Global check card, Rainbow check card, or KEB Hana credit card. | 0.1% per annum |
| If an acquaintance enrolls in an Easy-One Pack savings account at least one month before the maturity date of this account, both the customer and the acquaintance receive an additional 0.1% per annum. |
0.1% per annum (Maximum of 0.2% per annum per account) |
| If a China Eastern Airlines ticket under their real name is presented when enrolling in this account. (Limited to tickets within three months of the date of new enrollment. Renewals are not eligible.) | 0.1% per annum |
Early Termination and Post-Maturity Interest Rates (Mar. 25, 2013; Pre-tax)
| Early Termination Interest Rate | Post-Maturity Interest Rate | ||
|---|---|---|---|
| Deposit Period | Interest Rate | Elapsed Period | Interest Rate |
| Less than 1 month | 0.1% per annum | Within 3 months of maturity | ½ of the Base Interest Rate at Maturity |
| No less than 1 month – Less than 3 months | 1.0% per annum | Three months to one year after maturity | No less than 3 months |
| No less than 3 months | 0.1% per annum + (Base interest rate x 50% x recognition rate per elapsed period) | More than 1 year after maturity | 0.5% per annum |
Base interest rate: One-year time deposit interest rate posted on the day the account is opened (renewed).
Elapsed period recognition rate: (number of elapsed days - 90 days) / contract days
Elapsed period is calculated on a per-payment-amount basis.
Additional Benefits
Foreign currency overseas remittance fee is waived.
- A one-time fee exemption for an overseas remittance after this savings account is closed (including early termination), regardless of remittance amount.
Partial Termination
Partial termination (including final termination) is available up to 5 times. The early-termination interest rate posted on the day the account is opened (renewed) is applied to the terminated amount.
Renew Maturity
Renewal Available
- If the maturity date is not a banking day, however, automatic renewal is processed on the following business day. Preferential tax and subsistence savings accounts are excluded from renewal
- if the limit has been exceeded, the account has been seized, or there are other legal limitations at the time of renewal.
Termination of Contract
Termination can be made at a branch.
Precautions about Deposit Transactions
- If the account is terminated before maturity, the respective early-termination interest rate, lower than the agreed-upon interest rate, will be applied.
- A preferential interest rate applies only when the account is terminated at maturity. Partial and early termination is not eligible.
Guide
This deposit account is protected by the Korea Deposit Insurance Corp. in accordance with the Depositor Protection Act, and the protection limit is a maximum of KRW 50,000,000 per person, including all principal and fixed interest for eligible financial products at KEB Hana Bank. The amount in excess of KRW 50,000,000 is not protected.
This information represents a summary of the contents. For details, please refer to the KEB Hana Bank Terms & Conditions or individual agreements.
We recommend seeking the advice of a specialist if necessary.