Hana Bank President Ji Sung-kyu. (Photos: Hana Bank)

Hana Bank signed an MOU on building industry win-win models with Korea Smart Traffic (KST) Mobility, the operator of the smart mobility platform “Macaron Taxi.”

Macaron taxi franchise members topped the 10,000 milestone one year and four months since the smart mobility platform made its debut in April 2019. The taxis are operated in 10 areas, including Seoul, Gyeonggi-do, Daejeon, Daegu, Ulsan, Sejong and Jeju.

As about 120,00 taxis - or nearly half of the nation’s total fleet of roughly 250,000 taxis - have agreed to cooperate with KST Mobility, Macaron Taxi has emerged as the hottest taxi of late.

In particular, the Macaron Taxi offers fresh, diverse chain taxi and mobility platform services to customers. Those include child car seat services, pet taxis and hospital accompanying services. SKT Mobility is seeking to evolve into “Mobility as a Service” (Maas), a combination of diverse services and several transportation means.

Hana Bank’s alliance with KST Mobility will build win-win models to evolve the mobility industry and jointly develop financing/service platforms, anticipating a lead in new changes in the mobility market.

Lee Jang-sung, head of Hana Bank’s platform financing business TFT division, and President Lee Haeng-youl of KST Mobility pose after they signed an MOU to develop win-win mobility models on Oct. 13.

Hana Bank’s ‘One-Dollar Foreign Currency Installment Savings Product’ Becomes Steady Seller

Some 10,000 subscribers have signed up for Hana Bank’s one-dollar foreign currency installment savings product, drawing $1 million in subscription amounts one month since the release of the product.

The figures show that the product is selling at the briskest pace since its release, the bank said on Oct. 8. The currency installment savings product made its debut on Sept. 3.

Hana Bank launched the product, which can start from a small amount and offers automatic transfer and exchange rate notification services, to empower customers to manage their assets. The product was developed as demand for U.S. dollars, a global key currency, and a need to transfer them directly to stock accounts in connection with overseas stock investments.

The one-dollar foreign currency installment savings product, which can start from $1, requires six months as a subscription period, and allows free payment of up to US$1,000 per month, and can be withdrawn up to five times.

In addition, it is possible to withdraw money in dollar bills without a fee just one month after signing up. Customers can enjoy smart asset management with an exchange rate notification function that informs the exchange rate set by the customers.

A person can open one account only, and the interest rate will be that set by the Bank of Korea, but an additional 0.10 percent annual rate will be provided when subscribing by March 2, 2021 as an event.

To commemorate the launch of the product, Hana Bank will set aside US$1 as congratulatory money for joining regardless of the amount of a subscription and provide up to 3,000 Hana Money points through Hana Members, an integrated membership program of the Hana Financial Group, if a customer pays money for installment savings through an automatic transfer.

The one-dollar foreign currency installment savings product will be provided so that customers will be able to use various services at partner companies by utilizing an application programming interface (API) through partnerships with external companies.

Hana Bank officials said, “The one-dollar foreign currency installment savings product has enjoyed popularity as demand on dollar-nominated investments is on the rise due to favoring safe assets and consumers have fresh experiences of depositing foreign currency savings without difficulty.”