Banks to Offer Benefits to Customers Who Refuse Bankbooks

SEOUL, Aug. 31 (Korea Bizwire) — Starting next month, those who refuse bank-issued passbooks when creating accounts will be exempt from certain fees according to the Financial Supervisory Service (FSS). Bank tellers will present the option for paper-based passbooks (bank ledgers) and customers will make the decision to apply for one or go without. The [...]