KoreaExchangeBank
Personal Business FX&Trade Credit Card
Help Contact Us About KEB KEB IR Korean Chinese Japanese Vietnam
Current Accounts
Savings Accounts
Fixed Deposit Accounts
Time Deposit Accounts
Time Deposit
YES Great Pleasure Time Deposit
YES Won-Dollar Deposit
Features
Time Deposit offers you a wide selection of deposit periods up to 60 months, and enables you to choose how interest is deposited - interest paid monthly or interest paid on maturity.
Eligibility
No limitation (Bearer Account Opening Available)
Opening Amount
Minimum : More than KRW 10,000, No limitation on the Maximum amount.
Period
1 month up to 60 months (monthly and daily basis)
Interest Rate
Tax Benefits for Residents Only
For residents to take advantage of the tax benefits, the deposit period should be greater than one year and the period from the date of opening an account to the date of closing should also be more than one year.
Tax Benefit Limit
The limit depends on the total amount regardless of the trading financial institutions or deposit types.
Deposit limit: KRW 40,000,000 per person (KRW 60,000,000 for the disabled and elderly, KRW 15,000,000 for minors)
Senior Citizens: 60 or older for males and 55 or older for females
Tax Rate
10.5% (as of Jan. 1, 2002)
(Income Tax: 10%, Special Tax for Rural Development 0.5%)
  ※ This product is protected by the Depositor Protection Act.
E-banking customers may open an account online if they have opened a Yes Internet Bankbook.
KoreaExchangeBank BRANCHES PRIVACYPOLICY TERMS OF USE SITEMAP CONTACTUS