KEB Hana Bank Canada Banking Services
www.kebhanabank.ca 1 Table of Contents
Global Network and Know-how Provides Fast and Convenient Financial Services
About Us ...... 2 Why KEB Hana Bank Canada ...... 3 Deposits Accounts For Frequent Transactions ...... 4 Accounts for Short term Savings...... 5 Accounts for Long term Savings ...... 6 Accounts for Installment Savings ...... 7 Accounts for Tax Deduction and Retirement ...... 8 Accounts for International Students ...... 9 Loans ...... 10 Wire Transfer / Trade Finance ...... 11 Korean Won service Business Banking / Credit Card ...... 12 Mobile Banking ...... 13 Branch Network ...... 14 ABOUT US 2
Established in 1981, KEB Hana Bank Canada is a part of globally recognized network, Hana Financial Group in South Korea. With total assets of $1.5 billion as of September 30, 2015, KEB Hana Bank Canada delivers broad range of financial services including Deposits, Loans, Foreign Exchange, Credit Card, Trade Finance, and Mobile Banking.
Korea’s Largest Overseas Network With 132 branches in 24 countries
RankingStrength Company Country Ranking Company Country Date Tier1 Capital $M %ch. American Express 83 Company US 12/13 16.174 8.4 American Express Hana Finacial South 83 US 84 Group Korea 12/13 16.173 3.18 Company 85 BB&T Group US 12/13 16.074 11.8 Hana Finacial South 84 86 Sun Trust Banks US 12/13 16.073 7.33 Group Korea
87 Erste Group Austria 12/13 15.945 -1.12 85 BB&T Group US 88 Svenake Sweden 12/13 15.588 1.98 Handelsbanken
89 CIBC Canada 10/13 15.425 8.53 86 Sun Trust Banks US 90 Banco Finaciero Spain 12/13 15.390 98.88 de Ahorros Gp
87 Erste Group Austria ‘The Banker’ Top 100 World Bank 88 Svenake Sweden by Total Assets Handelsbanken 89 CIBC Canada Big Three Credit Rating Agencies 90 Banco Finaciero Spain de Ahorros Gp Moody’s A1 Standard & Poor’s A Fitch A
( Long Term. As of November 2015 ) 3 WHY KEB HANA CANADA
8 Reasons You Must Use KEB Hana Bank Canada
1. Global Network 132 branches in 24 countries worldwide. Specialized in Currency Exchange, Trade Finance, Overseas Network Services, etc.
2. Competitive Rate Competitive Interest Rates among Canadian Banks.
3. Special Service Charge Low fees for global wire transfer.
4. Special Banking Service Our staff understand the banking systems in both Canada and Korea to better assist you.
5. Unique services for International Students, Immigrants, and Investors Various products and benefits for students. Financial and other services for immigrants and investors.
6. Efficient Asset Management Provides various products suitable for your financial needs
7. Faster Remittance Faster remittance between Korea and Canada. You will receive the funds by the morning of next business day
8. Korean Won Service Remit, exchange, or deposit in Korean Won DEPOSITS 4
DEPOSITS Accounts For Frequent transactions
Personal Chequing Account 1 l No interest paid l Cheques can be issued
Savings Chequing Account 1 l Interest is paid like Savings Account l Cheques can be issued like Personal Chequing Account
Savings Account l Cannot issue cheques l Interest is calculated based on stipulated rate everyday and paid on the last business day of each month
Daily Interest Investment Account l No minimum balance required for maintenance l Daily interest for ending balance of $500 or more
YES 2030 Account l For : 1. Customers in their 20~30s 2. Required Monthly Minimum Balance $1,000 3. Maintain as payroll account 4. Minimum $5,000 of Installment Deposit for a year l Waived service charges : Monthly Fee, Debit Card purchase fee, One-time Personal Cheque order fee (100 cheques for new applicants) 5 DEPOSITS
DEPOSITS Accounts for Short-Term Savings
If you are looking for a short term deposit product with high interest, these are your options
Term Deposit 2 Guaranteed Investment Product l Term: 30 days ~ 60 months l Currency: CAD, USD l Minimum Balance: $1,000 l Withdrawals before the maturity: Permitted up to 2 times
Redeemable Short-Term Deposit 2 Featuring easy withdrawal and high interest of term deposits l Term: 360 days ~ 3 years l Currency: CAD l Minimum Balance: $10,000 l Withdrawals before the maturity: Permitted up to 2 times DEPOSITS 6
DEPOSITS Accounts for Long-Term Savings
Invest your money in our long-term high interest products
YES Premium Term Deposit 3 Term deposits with annual interest compounding l Term: 1 to 5 years l Currency: CAD, USD l Minimum Balance: $1,000
Variable Rate Term Deposit 2 Term deposits with actual interest rate applied l Term: 1 to 5 years l Currency: CAD, USD l Minimum Balance: $50,000 l Interest Payment: Option of monthly, quarterly, or at maturity l Withdrawals before the maturity: Permitted up to 2 times
YES 1-3-6 Term Deposit 4 Term deposits with periodical interest payment and additional interest on renewal l Term: 1 year l Currency: CAD l Minimum Balance: $1,000 l Interest Payment Option (choose at the time of account opening) monthly, quarterly, or Semi-annually l Withdrawals before the maturity: Not allowed 7 DEPOSITS
DEPOSITS Accounts for Installment Savings
Installment Savings Deposit Monthly installment deposit product l Term: From 6 months up to 5 years l Currency: CAD l Deposit Unit: Min. $10, Max. $10,000 Free Installment Savings Deposit Deposit whenever you want - Once a day with $10 minimum amount l Term: In intervals of month up to 5 years l Currency: CAD l Deposit Unit: Min. $10, Max. $10,000
Your Deposits are Protected by CDIC KEB Hana Bank Canada is a member of the Canada Deposit Insurance Corporation (CDIC).
l Deposits up to $100,000 of principle and interest are protected for Canadian funds with a term of no more than five years. l Eligible for Personal Accounts, Joint Accounts, RRSP, TFSA, etc.
For more details, visit www.cdic.ca / E-mal: [email protected] DEPOSITS 8
DEPOSITS Accounts For Tax Deduction and Retirement
RRSP ( Registered Retirement Savings Plan ) Tax deducted product for delayed tax and interests on registered amount before your retirement l Eligibility: Permanent Resident or Canadian Citizen up to 71 years old l Contribution limit: Lower amount of either 18% of last year’s earning or maximum earning of current year l Due Date: Current year or 60th day of following year
RRIF ( Registered Retirement Income Fund ) Withdraw your RRSP with less tax after retirement l Eligibility: Existing RRSP contributor
TFSA ( Tax Free Savings Account ) Tax Free on Interest paid on the Account l Deposit Types: 1. Savings Accounts 2. Term Deposits l Applied Currency: CAD l Contribution limit: 2009~2012 : $5,000 per year 2013~2014 : $5,500 per year 2015 : $10,000 per year (Unused amount will be also carried over) l Features: Earnings and withdrawals are tax-free Unused contribution room is carried forward Collateral for loans 9 DEPOSITS
DEPOSITS Accounts for International Students
Deposits suitable for International Students
YES Free Student Account l Eligibility: International Student in Canada (Enrolled or to be enrolled in Secondary school or post-secondary educations) l Required Documents: Proof of enrollment/admission letter l Fees Waived: 1. Monthly minimum service 2. Unlimited cash withdrawal 3. Cheque exchange 4. Usage of Debit Card (Withdrawal through our CD machine, purchases with Debit Card, our fee for ATM withdrawal from other bank)
YES Student Account l Eligibility: Language program students in Canada (At least High School level in their home country) l Required Documents: Proof of enrollment l Fees Waived: 1. Monthly minimum service 2. ATM usage fee (deposit/withdrawal, bill payment, transfer service, etc.) 3. Cheque clearing
YES Student’s Mom Account l Eligibility: Parents of international students in Canada l Required Documents: Parents’ visas accompanying the international students l Fees Waived: 1. Monthly minimum service fee 2. Unlimited monthly transactions 3. Bank Draft service related to tuition 4. 100 free cheques at account opening 5. Certificate of Account Balance fee LOAN SERVICES 10
LOAN
Tips for your Financial Success
Residential Mortgage Loan l Eligibility: Individuals applying for loans to purchase residential property or to refinance such loans l LTV*: Up to 80% of the lower of purchase price or appraisal value l Term: up to 5 years / Amortization : up to 30 years Commercial Mortgage Loan l Eligibility: Customers applying for loans to purchase commercial buildings or to refinance such loans l LTV*: Up to 60% of the lower of purchase price or appraisal value l Term: up to 3 years / Amortization : up to 20 years Business Loan l Eligibility: Customers applying for loans to use as operating funds, to purchase equipment, or to expand business l LTV*: Up to the amount of funds required, depending on the result of credit evaluation l Term: up to 3 years / Amortization : up to 5 years (Depending on credit rating and collateral value) Stand-by L/C Mortgage Loan l Specialized loan advanced to customers providing Stand-by Letter of Credit as collateral, provided the stand-by L/C is secured by real property or deposit located in Korea
* LTV: Loan to Value
Other Loans l Personal Loans l Overdraft l Term Deposit or l Personal or Business Installment Deposit Loans Line of Credit (80~100% of deposit or money due) l Letter of Guarantee Loan-related information contained herein is subject to change. Please contact your nearest branch for more information. 11 REMITTANCE / TRADE FINANCE / KOREAN WON SERVICE
Wire Transfer Fast and reliable remittance to Korea
l Available Currency - Canadian Dollar (CAD), US Dollar (USD), Korean Won (KRW)
l Available at mobile banking and branch teller
l Fast and Accurate - Remit your funds from/to Canada through our global network
l Low Cost and Reliable - Fast investigation through our hotlines
Trade Finance We provide various types of international trade business for your success
l Export Service: Letter of Credit Advice / Transfer
Confirmation / Negotiation / Collection of Export Bill of Exchange, etc.
l Import Service: Letter of Credit Open, Acceptance of Import Bill, etc.
Korean Won Services Are you travelling to South Korea? Or just came back from South Korea?
l KRW Remittance and Deposits l Korean Won currency exchange BUSINESS BANKING SERVICES 12
Business Banking Services
l P.O.S (Point of Sales) Service - If you are running a small business and looking for a payment terminal system, our partner, MONERIS, Canada’s leading payment processor, provides quality service.
l Business Current Account - Eligible for corporation, organization, small business. - Cheques can be issued. Credit Card Services
l Visa Desjardins Classic Card 5 - VISA Card is issued via our partner Desjardins Card Services.
l Business Credit Card - For Private business and Corporate customers who want to pay their expenses with credit card, we offer ‘VISA DESJARDINS BUSINESS CARD’ - Required Documents : Proof of Qualification for Corporation, Sole Proprietorship, General Partnership, Limited Partnership, or Non-profit Organization, etc. 13 MOBILE BANKING
Mobile Banking Introducing a Very Special Mobile Banking Service by KEB Hana Bank
No branch visit required from account opening to cheque deposits,1Q eliminates all the hassles in banking! Bank in your Hand, 1Q Thank You! Features l Sign up with your smartphone l No fee account, high interest rates l 1Q INSTA Card Canada’s first innovative banking service
1Q Key Products l Checking / Saving Account: No Fees l 1Q INSTA Card: Transfer funds using a Mobile Number l 1Q Dream FID: High interest installment savings l 1Q OK Remit: Fast and Reliable international remittance
1Q INSTA Card Features l Transfer money using a mobile number l Simple and easy registration l Withdraw money from any ABM and pay in store
Search “1QBank”
For more information, call us at 1.844.533.1QBK(1725) or visit www.1Qbank.ca BRANCH NETWORK 14
Head Office 4950 Yonge St. Suite 1101, Toronto T. 416.222.5200 F. 416.222.5822 Main Branch 4950 Yonge St. Suite 103, Toronto T. 416.222.6500 F. 416.222.5855 Bloor Branch 627 Bloor St. West, Toronto T. 416.533.8593 F. 416.531.1047 Mississauga Branch Sussex Center, West Tower, 90 Burnhamthorpe Rd W, Suite 120 Mississauga Ontario T. 905.272.3130 F. 905.272.3430 Thornhill Branch 7670 Yonge St. Suite 5, Thornhill T. 905.707.7001 F. 905.707.0171 Richmond Hill Branch 9625 Yonge St. Unit A, Richmond Hill T. 905.883.5885 F. 905.883.9134 For Chinese Desk (ext: 223, 224, 228) Bayview Branch 22 Rean Drive, Toronto T. 416.221.3999 F. 416.221.9996
Burnaby Branch 4900 Kingsway, Suite 100, Burnaby T. 604.432.1984 F. 604.432.1964 Coquitlam Branch 4501 North Rd, Suite 202A, Burnaby T. 604.420.0019 F. 604.420.0066 Vancouver-Downtown Branch British 590 Robson Street, Vancouver Columbia T. 604.609.2700 F. 604.609.2777 Richmond Branch 5911 No.3 Rd, Unit 150, Richmond T. 604.285.6340 F. 604.285.6349 For Chinese Desk (ext: 503, 507, 510, 511, 512)
Calgary Branch 1222 11th Avenue, SW, Unit 100, Calgary T. 403.398.7070 F. 403.398.1045 Alberta 1. Minors can issue cheques only under the consent of their parents or guardians 2. if more than 30 days have passed since the day of deposit 3. Premature Cancellation: If cancelled prematurely after a year, apply the periodical announced interest rate at the time of the application 4. Premature Cancellation: Regular Term Deposit interest rate is applied corresponding to the interest payment term and Term Deposit amount. If cancelled prematurely after interest payment, savings account interest rate is applied for the period between interest payment date and cancellation date 5. However, depending on customer’s credit rating, we may request for guarantor or security deposit
To Learn more about our services, visit our branch or www.kebhanabank.ca