BNI Cooperates with Korea Global Money Express

By : Wiyanto Dan Aldo Bella Putra | Thursday, August 02 2018 - 20:00 IWST

PT. Bank Negara Indonesia (BNI)
PT. Bank Negara Indonesia (BNI)

INDUSTRY.co.id - Seoul --- PT Bank Negara Indonesia (Persero) Tbk or BNI embraces the local remittance company Global Money Express (GME) of South Korea, to improve money transfer services to Indonesia.

GME is the first remittance company to obtain a license to operate in South Korea and has the most branches in South Korea covering major cities in South Korea, namely Dongdaemun Branch, Ansan Branch, Hwaseong Branch, Gimhae Branch and Songwoori Branch.

The signing of the cooperation between BNI and GME was carried out in Seoul, South Korea, Wednesday (1 August 2018) night. Present on the occasion BNI Director of Treasury and International Business Rico Rizal Budidarmo and GME CEO Sung Jong Hwa.

Through this collaboration, the BNI GME Remittance Platfrom Digital application was also launched so that remittance services from Korea to Indonesia can be done more easily, faster, cheaper, safer, and can be accessed anywhere. At present, the cost of remittances from Korea to Indonesia is considered very expensive and many deductions for recipients, but BNI and GME provide remittance costs 70% cheaper than Local Banks.

Rico said this step was in line with BNI's 72nd year anniversary vision, namely #BNItuDigital, namely the declaration of digitalization in all aspects of BNI's services and products. Now BNI can help Indonesian Workers in various locations in Korea, so that the shared service of BNI GME has also improved the financial inclusion process.

This collaboration is a manifestation of Bank BNI's commitment as an agent of development to increase the country's foreign exchange by providing the best service for Indonesian Workers in South Korea to be able to save at any time and can be done from all parts of Korea, he said.

More than 45,000 workers from Indonesia currently work in various industrial sectors such as manufacturing, textiles, agriculture and fisheries in South Korea. In the future, BNI and GME can be the best and superior in remittance services from South Korea to Indonesia.

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…