Industrial Bank of Korea

Deposits

IBK, your financial partner
for a better future.
Deposits
 
   
IBK FAMILY ACCOUNT
Services
  • Fees are waived for withdrawal from another bank via ATM (10 times a month)
  • Fees are waived for transfers to other banks via ATM of IBK (10 times a month)
  • Fees are waived for transfer to other banks via electronic service
  • Preferential exchange rate of 70 % for the following currencies: USD, JPY and EUR (Applicable transactions: Foreign exchange, Traveler’s check, Remittance)
  • Fees are waived for re-issuance of IBK Family Account bankbook
  • Fees are waived for re-issuance of IBK check (debit) card
Condition

The above services are only provided if the customer receives more than KRW 500,000 in pay to his/her payroll account the previous month.

IBK FAMILY ACCOUNT(Installment)
  • Max. Limit: KRW 2 million per person per month
  • Min. amount: At least KRW 10,000
  • Contract terms: 1 year, 2 years or 3 years
  • Interest rates: Base interest rate + Individual preferential rate + Loyalty preferential rate e.g. Suppose the base rate is 1.55 and the preferential rate is 0.4.. In this case, the actual interest rate would be 1.95%
  • Preferential rate: Up to 0.4 %
    • Individual preferential rate 0.1
    • ** Loyalty preferential rate 0.3
IBK FAMILY ACCOUNT(Lump sum)
  • Max. Limit: KRW 100 million per person per month
  • Min. amount: At least KRW 1 million
  • Contract terms: 1 year, 2 years or 3 years
  • Interest rates: Base interest rate + Individual preferential rate + Loyalty preferential rate e.g. Suppose the base rate is 1.55 and the preferential rate is 0.4.. In this case, the actual interest rate would be 1.95%
  • Preferential rate: Up to 0.2 %
    • Individual preferential rate 0.05
    • **Loyalty preferential rate 0.15
* IndividualPreferential rate is provided if customer satisfies one or more of the following conditions:
  • New customer
  • A customer re-depositing his/her funds
  • A customer who has been with IBK for at least 3 years
** Transaction-basedPreferential rate is provided if customer satisfied all of the following conditions during the contract period and closes the account after the maturity date:
  • 1. A monthly salary(at least KRW 500,000) has been deposited into the account every month for at least 3 months
  • 2. The customer has spent at least KRW 300,000 a month via IBK debit or credit card for at least 3 months