KB Kookmin Bank unveils KB Star FX foreign currency trading platform for contactless transactions

KB Kookmin Bank has launched a foreign exchange platform called KB Star FX. it was designed to offer services, including contactless foreign exchange transactions. This is a new feature that allows customers to avail of forex services without having to visit a bank.

The KB Star FX also provides timely delivery of market data. KB Kookmin Bank unveiled this new forex feature earlier this week. According to The Korea Economic Daily, the foreign exchange platform is now a one-stop hub where clients can also use it for payments and other things related to market information.

Moreover, it was mentioned that all online banking customers of KB Kookmin Bank could use KB Star FX free of charge. There is no need to download any app as well because they can simply go to the bank’s website and find the KB Star FX function to avail what it has to offer.

KB Star FX will allow users to carry out contactless transactions, including forward exchange and foreign currency trading, without showing up at the bank. Plus, the forex quotes are also done in real-time via API (Application Programming Interface).

Fortune Korea further reported that other foreign exchange content like “Learning FX” is available. This will guide beginner users to easily handle foreign exchange trading. There is also the “My Dealer Story” page, where stories about dealing room employees are shared.

"We hope that KB Star FX will be of great help to the convenient financial life of customers using foreign exchange transactions," a KB Kookmin Bank official said in a statement.

Meanwhile, to celebrate the launch of KB Star FX, KB Kookmin Bank is set to hold some events until the end of this month. The company arranged the “Welcome Event” and “Fix Today's Exchange Rate” events for new customers and first-time users. As they participate, they can win different prizes Starbucks mobile coupons, iPhone 14 Pro, and standby me TV.