Korea Investment & Securities Launches "Installment Issuance Note" Service on KakaoBank App

Cash-Back Event Runs Until the 30th

Korea Investment & Securities announced on the 15th that it has launched the "Installment Issuance Note" service through the KakaoBank application.

The "Installment Issuance Note" is a service that allows users to automatically invest in an issuance note product on designated dates each month. The investment period is one year, and as of today, it offers a pre-tax annual yield of 4.35%. Any customer who holds a Korea Investment & Securities BanKIS brokerage account in partnership with KakaoBank can subscribe to one account per person through the KakaoBank app.

The monthly payment amount ranges from a minimum of 100,000 won to a maximum of 10 million won. Within the monthly installment limit, users can make additional purchases at any time, 24 hours a day, 365 days a year, except during system maintenance. The automatic transfer date can be selected from the 2nd, 11th, 21st, or 26th of each month, according to the customer's cash flow preference.

To commemorate the launch of the service, a cash-back event is being held until the 30th. Customers who subscribe to the product via the KakaoBank app and make cumulative deposits of 1 million won or more by the third installment during the event period will receive a cash-back of 0.5% of the monthly deposit amount (up to a maximum of 50,000 won).

Jin Kwak, Head of eBiz Strategy Division at Korea Investment & Securities, said, "We expect this service to enhance convenience for investors seeking stable financial products amid rising market volatility," adding, "We will continue to expand our platform so that customers can easily access a variety of financial products and accumulate their assets."

On the same day, Korea Investment & Securities also launched an investment service linked with the KakaoBank "Foreign Currency Account." After opening a foreign currency account, customers can use the "Use Foreign Currency - Invest via Securities Brokerage Account" menu to link to their BanKIS account, making it easy to transfer held foreign currency for investment purposes.

This content was produced with the assistance of AI translation services.