SC Bank Korea launches special promotion on US dollar deposits

Standard Chartered (SC) Bank Korea said Thursday that it will run a special promotional event until July 31, offering higher interest rates for customers who open three- or six-month U.S. dollar-denominated time deposits. The promotion is available to first-time customers who open foreign currency time deposits ranging from $10,000 to $300,000 at an SC Bank branch. An interest rate of 4.0 percent will be offered for deposits between $10,000 and $100,000, and 4.2 percent for deposits between $100,000 and $300,000. The bank is also offering a separate promotional interest rate on U.S. dollar-denominated deposits with no maturity restrictions, available through July 31. This offer is for first-time customers who subscribe at bank branches with a deposit of $10,000 or more. A rate of 2.7 percent will apply to deposits between $10,000 and just under $100,000, and 3.5 percent for deposits of $100,000 or more, for up to 60 days from the account opening date. The total subscription limit for each promotion is $30 million, and each offer may end early if the cap is reached. "We have prepared thisWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times