Features
You're doing business in foreign currencies and want to manage your cash effectively on a global basis.
HiFi2000 Free Installment Deposit is designed to meet the needs of businesses and individuals who have foreign currency funds available.
Competitive Interest Rates! The interest is paid even for a day¡¯s deposit.
Eligibility
No limitation (Foreign corporation and non-residents are also eligible.)
Currencies
US Dollar, Euro, Japanese Yen, British Pound, Deutsche Mark, French Franc, Swiss Franc. (Currencies of 7 countries)
Period
3 months ~ 24 months
Amount
No limitation (Korean resident can deposit foreign currency purchased with Korean won without restrictions on the amount)
Interest payment
At the time of withdrawal (or at maturity)
Installment Withdrawal
Maximum 3 times before maturity (Available only in the unit of installment amount)
Pre-maturity Closing
Requesting 3 or more times of payment before maturity can be a reason for closing of total Installment Deposit Type and, in this case, the pre-maturity closing interest rate determined by the Bank shall be applied in the unit of installment.
¡Ø This product is not protected by the Depositor Protection Act.