Jeonbuk Bank to Support Foreign Customers with Tax, Visa, and Daily Life Services

Supporting Settlement in Korea Beyond Financial Services:
Assistance with Labor, Welfare, and Daily Life

Jeonbuk Bank is establishing a support system to assist foreign customers with a wide range of needs, including tax, visas, labor, welfare, and overall daily life in Korea. JB Financial Group Jeonbuk Bank signed a memorandum of understanding on August 19 with Pyeongtaek Foreigners Welfare Center, Tax Smile Tax Corporation, and Eden Administrative Office to strengthen financial and living support for foreign customers.

JB Financial Group Jeonbuk Bank signed a memorandum of understanding (MOU) on the 19th with Pyeongtaek Foreigners Welfare Center, Tax Smile Tax Corporation, and Eden Administrative Office to strengthen support for foreign customers' financial and daily needs. Provided by Jeonbuk Bank

This agreement was arranged to enable foreigners residing in Korea to resolve a variety of everyday issues—such as tax filing, residency qualifications, labor, and welfare—not just financial matters, by coordinating with relevant professional organizations.

Through this agreement, Pyeongtaek Foreigners Welfare Center will provide consulting on daily life, labor, and welfare; Tax Smile Tax Corporation will offer tax-related counseling and education; and Eden Administrative Office will be responsible for visa, residency, and administrative services to assist foreign customers with living in Korea.

The specialized content and counseling and educational programs provided by each organization will be linked to both online and offline customer contact points of Bravo Korea and Jeonbuk Bank. The intention is to reduce the inconvenience of foreigners having to visit multiple institutions for necessary information and to make essential settlement services more easily accessible throughout the process of adapting to life in Korea.

As the number of foreigners residing in Korea—including foreign workers, international students, and marriage migrants—continues to grow, so does the demand for information not only on financial transactions but also concerning tax, residency qualifications, and work environments. In particular, foreigners unfamiliar with Korea's administrative and tax systems often find it difficult to access all necessary information in one place, which is cited as a major burden during the settlement process. With this agreement, Jeonbuk Bank plans to offer both financial and non-financial services tailored to each stage of life for foreign customers.

A Jeonbuk Bank representative said, "We will continue to expand the range of support so that foreign customers can access the services they truly need while living in Korea, together with our financial products." He added, "We plan to partner with organizations specializing in labor, welfare, tax, visas, and residency to provide services that will be of real, practical help to foreigners settling in Korea."

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