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KEB expands mobile banking service in Vietnam
Korea's national football team captain Son Heung-min promotes KEB Hana Bank's new mobile banking app service “Global 1Q” to be introduced in Vietnam. Courtesy of KEB Hana Bank
By Lee Kyung-min
By Lee Kyung-min
KEB Hana Bank will launch its Global 1Q flagship mobile service in Vietnam, the bank said Wednesday.
The Southeast Asian country is among seven countries where the bank's “easy” app is available along with Canada, China, Japan, Indonesia, Brazil and Panama.
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The new service will enable immediate cash wiring with a one-time passcode issued upon the user's request.
The bank said the code will be sent directly to the user without having to download an additional app, a process necessary when using similar services provided by other banks.
The simplified cash transfer service will be made available if transactions are sought by account holders with whom the user has previous transfer records.
“The service is expected to draw popularity from locals as well as Korean government officials and business people living there. The newly added function of checking the status on approval requests will help our corporate clients use our updated, customer-oriented service more conveniently,” a KEB Hana official said.
KEB Hana has 12 corporate entities, 16 branches and three representative offices in 24 countries.
The app automatically recognizes the user's current location, the most distinguishing aspect of the bank's service as most of its competitors require users to select a location.
Users can check their account balance, loan conditions, exchange rate information as well as recommendations on financial products; and can also make overseas cash transfers.