KB Securities said on the 26th that it will run the event "Move domestic stocks to KB and make a transaction to get a pile of coupons," a cross-firm domestic stock transfer-in promotion, from this day through Mar. 31.
The event targets individual residents in Korea who hold non-face-to-face or bank-linked accounts. It offers various benefits such as support coupons for domestic stock asset transfer and transaction customers, reward coupons based on the amount transferred in, and stock giveaways by drawing.
During the event period, benefits will be paid if the customer records a net transfer-in of at least 10 million won in domestic stocks from another firm, executes domestic stock transactions of at least 10 million won in the event-registered account, and maintains assets at or above the net transfer-in amount through Apr. 30 this year.
Eligible for transfer-in are domestic stocks (KOSPI·KOSDAQ), exchange-traded funds (ETF), and exchange-traded notes (ETN). Eligible for transaction are domestic stocks (KOSPI·KOSDAQ) and equity-type ETFs and ETNs, and KB Securities will provide three total benefits through this event.
First, all customers who register for the event will immediately receive a coupon worth 10,000 won. The coupon can be used when purchasing at least 10 million won of domestic stocks.
In addition, customers who meet the basic conditions—transfer-in, transaction, and asset maintenance—will receive a reward coupon of 2,000 won for every 1 million won of net domestic stock transfer-in, with coupon benefits capped at 4 million won per customer.
In addition, a total of 650 customers will be selected by drawing by domestic stock transaction amount tiers to receive stocks. Based on transaction amount: ▲ 500 customers with at least 100 million won and less than 500 million won will receive 1 share of Samsung Electronics, ▲ 100 customers with at least 500 million won and less than 1 billion won will receive 1 share of SK hynix, ▲ 50 customers with at least 1 billion won will receive 1 share of Samsung Electronics and 1 share of SK hynix, respectively.
All of the above benefits can be received cumulatively.
To participate, customers must apply for the event within the event period through KB Securities' mobile trading system (MTS) "KB M-able" or the WTS "M-able Wide," and only one account per person can participate. The net transfer-in amount is calculated over the entire event period, but only transactions executed after the event registration date count toward the transaction amount.
Son Hee-jae, head of the digital business group at KB Securities, said, "As investor interest in the domestic stock market rises, we prepared this event so customers can feel tangible benefits," and added, "We will raise satisfaction by offering competitive rewards across the entire asset transfer and transaction process."