KB Liiv M Mobile Waives Roaming Fees for Nepal Relief Workers, Removes Remittance Fees
IT DAILY ·
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KB Kookmin Bank said it will link and use its mobile telecommunications and overseas remittance services to support Nepal’s recovery from damage.
KB Liiv M Mobile announced on the 18th that it will waive roaming fees for local rescue, relief, and damage recovery personnel in Nepal.
KB Kookmin Bank will waive remittance fees and telegraphic transfer fees for damage recovery donations sent from South Korea to Nepal and will also offer preferential exchange rates.
KB Kookmin Bank said it will link and use its mobile telecommunications and overseas remittance services to support Nepal’s recovery from damage. The support will combine services in both telecommunications and remittance.
KB Liiv M Mobile, KB Kookmin Bank’s mobile telecommunications service, announced on the 18th that it will waive roaming fees for local rescue, relief, and damage recovery personnel in Nepal. The support applies to KB Liiv M Mobile customers among relief workers dispatched to Nepal.
The waiver covers roaming fees incurred during the local stay. As a result, it will help reduce telecommunications costs incurred during relief operations such as contacting domestic and overseas relevant agencies.
KB Kookmin Bank will waive remittance fees and telegraphic transfer fees for damage recovery donations sent from South Korea to Nepal. In addition, it will offer preferential exchange rates for damage recovery donations sent from South Korea to Nepal.
The key feature of this support is that the bank will jointly use its budget mobile service and overseas remittance business for disaster relief. KB Kookmin Bank will provide support by combining telecommunications support for on-site relief personnel with lower remittance costs for recovery funds sent by individuals and companies in South Korea.
KB Kookmin Bank separately operates a 'Nepal Overseas Remittance Support Program.' Through this program, it fully waives overseas remittance fees for personal and corporate customers sending money to Nepal, regardless of purpose.
For donations sent for damage recovery, it additionally waives telegraphic transfer fees and also provides a 100% preferential exchange rate. Accordingly, for domestic support items, it is helping reduce the burden of costs incurred during the remittance process.
It is also providing telecommunications cost support as part of its support for relief sites. A KB Kookmin Bank official said the company expects this telecommunications cost support to be of practical help to personnel continuing relief operations on the ground in Nepal, and explained that the bank plans to continue fulfilling its corporate social responsibility through various forms of support using telecommunications services.
Source: IT DAILY · Lee Jae-young
Original: https://www.itdaily.kr/news/articleView.html?idxno=241717
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Source: IT DAILY
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