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How do I send the Foreign Direct Investment fund to a KEB branch?
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An investor can send money by TELEX :
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investor's actual name |
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the receiving bank, which has transactions with the corporate or a proxy |
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purpose of the fund: "This fund is for the establishment of (company name)." |
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Beneficiary*
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the establishment of a new company in Korea : the company name. |
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capital increase : the name of a company in which you want to invest |
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transfer of outstanding stocks: transferor or the name of a company in which you want to invest.) |
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A foreign investor is able to get 'investment fund' without opening an A/C, as long as you know the name of KEB branch and beneficiary.
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