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

Mechatronic Calotte Loader mWL.cs

Sabtu, 23 Januari 2021 - 17:50 WIB

Mechatronic Systemtechnik Unveils Proprietary Calotte Loader mWL.cs

A fully automated stand-alone system for transferring wafers between cassettes and calottes, the mWL.cs provides integrated device manufacturers (IDMs) an opportunity to increase yield and improve…

Synopsys Software

Rabu, 13 Januari 2021 - 18:40 WIB

Synopsys Recognised as a Leader in Static Application Security Testing by Independent Research Firm

Synopsys receives highest score among 12 SAST providers in current offering category.

Electro-Balancer (E-Balancer)

Rabu, 13 Januari 2021 - 16:00 WIB

ZASCHE Handling Rolls Out New Range of Electric Balancers

the E-Balancer is a versatile tool suited for a broad range of heavy-duty industrial applications.

Taylor Armerding, Software Security Expert at Synopsys Software Integrity Group (Photo by Linkedin)

Rabu, 13 Januari 2021 - 15:40 WIB

What is the Cost of Poor Software Quality in the U.S.?

And if you doubt its credibility, or that it applies to software, check out the latest report from the Consortium for Information & Software Quality (CISQ), in partnership with Synopsys, “The…

Nivedita Murthy - Senior Security Consultant, at Synopsys Software Integrity Group

Jumat, 08 Januari 2021 - 17:35 WIB

DevSecOps: The good, the bad, and the ugly

DevSecOps is the practice of integrating security into every stage of the DevOps pipeline.