Toss Bank foreign currency account has been released. Toss Bank foreign currency account provides lifetime free currency exchange, free overseas payment/ATM withdrawal fees, and 100% preferential exchange rates without conditions. Although it has only been a week since it was launched, it is attracting the attention of many customers, with the number of bank accounts exceeding 300,000. This is considered a good product for those who frequently travel abroad or make overseas payments.
Toss Bank foreign currency account
You will be taken directly to the Toss Bank foreign currency account page. You can check product information and precautions, including a list of 17 tradable currencies, subscription targets, and additional services.
■ Free currency exchange for life
We have increased the benefits of consumption by providing 24-hour fee-free currency exchange for 17 currencies around the world through one bank account.
■ Overseas payment/ATM withdrawal fee free
Toss Bank foreign currency account can be used directly in conjunction with an existing Toss Bank check card without issuing a dedicated check card. In other words, after opening a foreign currency account, you can use the Toss Bank check card to benefit from a foreign currency exchange fee of 0 won and a payment fee of 0 won. As an additional service, there is an ‘automatic exchange’ function that automatically exchanges insufficient foreign currency when making a payment.
■ 100% preferential exchange rate provided without conditions
▶▷What is the preferential exchange rate?
A preferential exchange rate is an exchange rate that is better than the exchange rate that a bank applies to regular customers. For example, if the exchange rate for 1 dollar is 1,200 won and the bank sells dollars to regular customers for 1,210 won and sells dollars to preferential customers for 1,205 won, preferential customers can buy dollars 5 won cheaper than regular customers. there is. Preferential exchange rates apply when you participate in the bank’s events or promotions, meet certain conditions, or use certain services. For example, if a bank runs a preferential exchange rate event for international travelers, overseas travelers can buy dollars at a better exchange rate than regular customers during the event period.
Toss Bank foreign currency account
This is a PDF file created by Toss Bank to make it easier to understand foreign currency bank account products. It provides an overview of the product, basic information, interest payment date, interest calculation and payment method, preferential exchange rate service, and additional services such as ‘automatic currency exchange’ and ‘foreign currency collection’ service.
■ What type of people would it be suitable for?
If you travel abroad or make a lot of payments abroad, you can enjoy the above benefits.
Toss Bank foreign currency account
Toss Bank foreign currency account shows real-time currency exchange rates for 17 countries that can be traded. You can easily see the increase or decrease based on yesterday at a glance.
■ What is a foreign currency account?
The won currency account we commonly use is an account that allows us to save won, the Korean currency, while a foreign currency account is an account that allows us to save money from other countries in addition to won. For example, you can save US dollars, European money, Euros, or Chinese money, Yuan. A foreign currency account is useful when you need to go on an overseas trip or business trip, buy something overseas, or want to invest in foreign currency. However, you may incur losses due to exchange rate fluctuations. For example, if you save dollars and the exchange rate falls, you may lose money when you exchange them for won. Additionally, there may be restrictions on remittances or overseas remittances in accordance with the Foreign Exchange Transactions Act, so you should carefully consider these points when opening a foreign currency account.