Pin-tech companies can send money overseas from July, banks aftermath

[Korea sinyuncheol financial newspaper reporter] remittances from abroad through a pin-tech companies, including non-banks in accordance with the amendments to the Foreign Exchange Transaction up to 20,000 US dollars the second half of the year is possible. Pin-tech industry overseas remittance market entry barriers are more likely activates As will suffer if you do not change as to face the competition if banks.

◇ small amendments overseas remittances up legislation in July

The financial authorities' Foreign Exchange Law revision bill "to be a small registration overseas remittances up to the Ministry of Strategy and equipped with certain requirements do not have to be a finance company heralded implemented in July.

To register a small overseas remittance companies must meet capital more than 20 million, shareholders' equity compared to total liabilities ratio less than 200%. Three times the average daily turnover should also be deposited in the FSS. Per nominal remittances it limits the reporting exemption is raised to $ 3,000 from $ 2,000 existing annual aggregate limit is less than US $ 20,000 per one company.

Current domestic and overseas remittance market is growing trend continued in accordance with the increase in foreign workers. Level was 9.5 billion US dollars in 2014 rose to 10% in the early 2000s, even foreign workers' remittances share until recently 30%. Global Overseas Remittance scale basis in 2015 amounted to 582 billion US dollars, which is a shame grew more than three times since 2000.

◇ now it appears possible be affiliated with banks, reader services Motion

In the current law, only pin-tech companies affiliated with banks able to provide international money transfer service, but it is possible to various start-up companies yihuen July to provide their own services. The current situation is that tech companies build the pin MoneyGram our banks and eopmuhyeop during the Yap maeteotgo keoren cloud and Shinhan Bank, a joint platform.

If the competition is accelerating banks overseas remittance income is expected to decline. July 21, Seoul is a small mobile operators overseas remittance has the final selection of the non-cent, pinsyat, paper gate as being the start of the service compared to traditional banking services, commissions of 40% reduction in the target preparation. Overseas remittance commission in the country is at a lower level than the global average of 5.0%, 7.40%, such as banks compete with each other.









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Kyobo Securities Bupyeong Branch, the 1st Investment Conference held in Yeouido stand

[Goyounghun journalists Korea Financial News - Kyobo Securities Bupyeong Branch (Branch Manager Lee Chungyeong) is coming that held the future market outlook and stock, futures investment strategy session in April emitter 1 day from 2pm to Yeouido headquarters 19 floors Vision Hall announced on May 29 .

This presentation is an equity investment specialist choesu changssi proceed to "techniques of successful investing 'theme. Participation is free and contact details if you are in Bupyeong point.



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Combined corporate banking, trading two possible results released 'IBK thumb passbook "

[Sinyuncheol journalists Korea Financial News] IBK Industrial Bank (Bank gimdojin) are two, each opening a bank account and mobile banking, the 'i-ONE Bank' or at the shop window party and the "thumb friend" the maeteumyeon fees, exchange rates courtesy, etc. released easily benefit 'IBK thumb passbook "announced on the 29th.

IBK feature of thumb passbook has the advantage that you can follow to receive the SNS, as part of the introduction of the concept matpal, without much financial transaction 10, if 20 customers a more preferential benefit to the sum of two members trading performance easily.

This item only can join more than 30 years, only private clients, it consists of two kinds of bank account deposits and withdrawals expression installment.

By joining IBK thumb account (bank formula) it is a thumb ID is generated, is available at the mobile banking i-ONE bank. Share your thumb and the other ID can be combined to meet the conditions for receiving preferential trading performance benefits maeteumyeon thumb friend.

△ i-ONE Bank swish service △ debit payments over US $ 100 in savings △ in the passbook Mobile rates debit △ the Bank check (credit) card payment △ monthly average balance five kinds of the thumb friend and I sums of conditions, including over US $ 100 When they met last month for two or more can receive a month electronic banking transfer fees and debit card issuing additional fees, cyber currency exchange transactions 70% preferential benefits. Another customer first trading enterprises shall be exempted from the Bank for 1st degree OTP issuing fee of 5,000 won worth.

Thumb Friends can be changed once in February. Mutually registered a performance combined with the thumb friend is viewed only if the information (Y / N) are not met to share the financial transactions of each other.

IBK thumb passbook (installment) has a thumb IBK bank account (withdrawals expression) a customer is eligible to join a free installment savings product that can earn up to 10 May million.

The annual interest rate is 1.25% announced one year of product, △ provides a preferential interest rate of 0.4% p up to a year, open by 0.2% p, respectively, depending on the non-face-to-face meeting to join the channel △ thumb Friends criteria.

In particular, the bank became the first company to customers subscribing to this product within three months and offer special rates during the annual Friends thumb, if the history of the term of the contract expires 4.0%.

Industrial Bank of Korea official said, "a product intended for young university students, etc.", "may receive benefits for two people with just one trading performance. For example, if you signed a soldier and friend thumb structure that can also benefit from such fees soldier friend just my performance, "he said.



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Park Samgu-creditor consortium put "River Rivers' clash

[Korea's financial standing hyomun newspaper reporter] Kumho Asiana Group Chairman Park Samgu are for industrial consortium banks conditionally accepted decision of the creditors' objections, Kumho Tires, walking a parallel line. And the creditor side entrance asked Chairman Park proving the funding capacity of the consortium currently configured, Pak President has expressed the opinion that the current consortium is enough.

According to the industry, including Industrial Bank 29 days Creditors will send an official letter to you to decide whether or not billed to the first number of books next month on the 19th day to the night side of the president. The last 28 days, the creditors are issued a conditional permit conclusions about the night the president claimed "first consortium allowed the number of licensees. Allow the consortium's chairman night, but the decision after talking hagetdaneun determines the conditions of the consortiums configuration details.

Which in turn is interpreted to mean that he would not allow the consortium is known that the current Chairman Park this configuration. Chairman Park Samgu side last month said it secured all necessary funds acquired from several financial investors. At the time, Kumho Asiana Group has said that "has been working in various fields for the Kumho Tires argument, saying," it ended fund was also concerned at the tip.

But creditors consortium of Chairman Park First E. this is not stated in the Purchase volume agreements, Chairman Park in the last 13 days, saying 'without even shareholders meeting part of the consortium first consortium disallowed the number of licensees is unfair' I will give up the first appraisal rights do not allow the consortium "he said. Creditors to hold a shareholders' meeting in the last 28 days of the current consortium concluded it means difficult to recognize.

In fact, the president has said boggling night against the decision of the creditors' side made the comment "not worth reviewing claims" about the Consortium currently configured appeal. Chairman Park side after the decision of the creditors from 'Industrial Bank had assumed the agenda of shareholders meeting late last 22 days, 28 days turned down the consortium allowed, saying, "Industrial Bank to a consortium granted to agreements on legal impossibility, Double Star they can not properly executed letter of intent to submit such evidence to the accused in the case of a consortium, has been found to allow the media, he said.

Following are saying 'This was rejected by the consortium allowed the agenda for the same reason, it hagetdaneun decide whether to allow you to submit a financing plan generally determined yiyulbae not back and forth does not fit' 'can not be understood, not worth the Review said appeal represents a doctor.

Meanwhile, the first double star in China named the bidder is taking a cautious stance on the dispute with the creditors and current Chairman Park. The first priority of talk only to monitor the attitude of a number of rights as a negotiator.

Double Star side said, "First, seeing as negotiators kept in the acquisition process, said" the problem is related to the night meeting with the intention that the creditors' jeongjungdong 'will'.



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Hyundai 'Sonata Rise New look' showcase

[Hyomun news stand Korea Financial News - Hyundai Motor last 28 days, evenings DDP (Dongdaemun Design Plaza) in the open '2017 F ​​/ W Heraklion Seoul Fashion Week' Sonata Collection 'from' costumes reflect the design aesthetic style of the 'Sonata New Rise New Sonata looks Sunrise (Sonata New Rise look) 'publicly announced on the 29th.

This Day 'collections Sonata' was held in the great success of watching over 1000, including the general public finds the DDP, as well as the fashion industry workers, including domestic and international fashion designers and photographers people. Hyundai has unveiled the superiority of the live broadcast to the ceremony via a video sites, Youtube (Youtube) '' Sonata New Sunrise "design also netizens.

Sonata collection is the occasion to inform citizens and customers in general well-known fashion designer, Hyundai Motor third party designer collaboration (Collaboration), various levels of excellence in the fashion collections as "Sonata New Sunrise" design. Collection has unveiled a total of 54 suits up "Sonata New Rise look 'and' Sonata New Sunrise 'cover only three species, we have men and women models' Sonata New Sunrise' car suffered Sonata looks on the runway appearance at the same time, cars and fashion a unique collection of fashion fusion was presented to the visitors.

The Sonata collection, was a famous fashion designer and taeyong, based hanhui, Mr. Han Sanghyeok participate, each designer can configure the general public amateur designers team three people selected through a public offering was made costumes.

Hyundai Motor official said, "was that we held in the even DDP yard collection places Harmony Square experience the unique world of design all the cars and fashion fusion '' Sonata collection is specialized in the area of ​​which open collaborative participation by citizens in fashion design, he said he said.

Following, we expect it to be a gauge which cars and fashion design base expanded through "he added.



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