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Shinhan launches English online banking

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Shinhan Bank on Monday (July 19) began to provide its corporate Internet banking services in English, allowing foreign businesses easier access to online financial transactions.

Under the English-version "BizBANK" program, foreign-based companies can transfer money, check account information and pay bills through a multiple authorization system.

The authorization program, provided in English for the first time in the domestic banking sector, can require approvals by up to seven people in one company, helping businesses control Internet transactions more effectively.

Currently, about 80,000 companies are using Shinhan's BizBANK service, which was introduced in 2001.

The source of news : www.news.go.kr 2004.07.21 08:11:00