Pure Online Banks Competition in Small-Scale Wealth Management Market Begins!

Reported 8 months ago

In the battle of wealth management fees among pure online banks, LINE Bank offers zero fund subscription fees, conversion fees, and trust management fees for life, attracting the attention of young investors. With the appeal of no transaction costs, LINE Bank and other online banks are targeting the younger generation's financial needs through user-friendly apps, simple investment interfaces, and unique features like gifting investment cards. The competition between online banks has led to unprecedented zero transaction costs for fund transactions, benefitting small investors.

Source: YAHOO

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