Foreign currency passbook deposits
Deposits and withdrawals can be made without restriction
Eligibility: No restriction
Deposit Period: No restriction
Amount: No restriction
Currencies: All currencies transacted in Woori Bank.
Interest rate : Within 1/4 of 1 month time deposit interest rate of the corresponding currencies on the basis of interest settlement date.
Interest settlement date: Every 3rd Saturdays of March, June, Sep and Dec. (Interest is applied until the day before the next business day and added to the principal on the following business day).
This product is not protected by the Depositor Protection Act.
Foreign currency MMDA
A high-interest rate yielding short-term deposit. Deposits and withdrawals unlimited.
Interest rate: Applied differently according to the amount, based on the daily balance.
Interest settlement date: Every 3rd Saturdays. (Interest is added to the principal on the pertinent business day)
This product is not protected by the Depositor Protection Act
Foreign currency time deposit
Interest rate based on deposit period is applied to your daily deposit balance
Eligibility: No restriction.
Deposit Period: Less than 7 days, 7 days or over, 1 month or over, 3 months or over and 6 months or over. (Limited to 6 months in max for non-residents)
Currencies: All currencies transacted in Woori Bank.
Interest rate: Interest rate per period of Foreign Currency Time Deposit shall be applied.
Interest Rate after Maturity: 3/10 of agreed interest rate.
Pre-mature Closing Interest Rates
- 7 days ~ 1 month: 1/10 of agreed interest rate
- I month ~ 3 months: 3/10 of agreed interest rate
- 3 months ~ 6 months: 4/10 of agreed interest
- 6 months ~ 1 year: 5/10 of agreed interest rate
- More than 1 year: 7/10 of agreed interest rate
Automatic renewal after maturity; Automatically renewed after maturity upon your request when opening an account.
- Period : Same as the initially agreed period
- Interest rate : Interest rate posted on the date of maturity is applied
This product is not protected by the Depositor Protection Act.
Foreign currency savings deposit
This is a deposit with free deposits and partial withdrawals in order to save a round sum of foreign currencies.
Eligibility: No restriction
Deposit Period: 3 months ~24 months.
Initial depositing amount: More than USD 500 dollars or the amount equivalent to USD 500 dollars (No restriction on frequencies or amount of additional deposits)
Currencies: USD, EUR, JPY, GBP, CAD, AUD
Interest rate: Interest rate of Foreign Currency Time Deposit applied to each installments. (According to the interest rate posted on the day each installments are made)
Interest Payment Method: Payment at maturity
Partial Withdrawal: Partial withdrawals allowed up to 3 times before maturity in max and only in the unit of the installed amount. (In case of exceeding 3 times, total deposit amount shall be closed pre-maturely)
Partial Withdrawal Interest Rates: Applies 1/2 of agreed Foreign Currency Time Deposit interest rate. (However, In case of less than 7 days, Foreign Currency Passbook Deposit interest rate shall be applied.)
Pre-mature Closing Interest Rates:
- Less than 7 days: None
- 7 days ~ 1 month: 1/10 of agreed interest rate
- I month ~ 3 months: 3/10 of agreed interest rate
- 3 months ~ 6 months: 4/10 of agreed interest
- 6 months ~ 1 year: 5/10 of agreed interest rate
- More than 1 year: 7/10 of agreed interest rate
This product is not protected by the Depositor Protection Act
Foreign currency compound bankbook
One bankbook to cover all your Foreign Currency Passbook Deposits and Foreign Currency Time Deposits.
Eligibility : No restriction (Residents and non-residents all eligible.)
Deposit Type: Foreign Currency Passbook Deposit.
Foreign currency hub bankbook
We will guide you the shortcut of increasing your foreign currency assets!
Eligibility: No restriction (Residents and non-residents all eligible.)
