KT Bank AG Offers Online Account Opening and Fee-Free Online Banking

KT Bank AG has introduced an online application process, enabling customers to open a bank account without the necessity of visiting a physical branch.

The bank announced that the account opening procedure can be completed online. KT Bank does not charge any fees for account maintenance or for its online and mobile banking services. There is also no minimum deposit requirement to open an account.

Through KT Bank's mobile application, customers can trade gold, apply for credit cards, open savings or investment accounts, and utilize various other features, including foreign currency accounts. The app also facilitates money transfers.

The bank also stated that they are currently working on integrating Apple Pay and Google Pay payment systems. The KT Mastercard costs €30 annually, but cardholders can withdraw cash from ATMs up to three times per year without charge. A virtual card option is available for free.