The Korea Customs Service and iM Bank signed a memorandum of understanding (MOU) for financial support for excellent export and import companies. According to the agreement on the 9th, iM Bank will provide low-interest loans, foreign exchange fees, and guarantee fees for export credit insurance products from the Korea Trade Insurance Corporation to export and import companies selected by the Korea Customs Service as excellent in export-import safety management (AEO) and excellent in utilizing free trade agreements (FTA). The Korea Customs Service will support the improvement of the origin management ability of export and import companies trading with iM Bank and provide explanations on the AEO system and FTA education.
Customs authorities, iMbank sign MOU for financial support to outstanding export-import companies.
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