Prevention system of electronic financial fraud
Measures for strengthening identification procedures|
Category |
Conditions |
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Subject of application |
√ Private customers |
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Subject transactions |
√ When registering a joint certificate issued by another institution (agency) or reissued (excluding renewal of effective period) √ When transferring at least 3 million won (based on accumulation for 1 day) through online banking |
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How to apply |
√ Private customer applies through online banking website of dealing bank |
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Identification Measures for strengthening procedures |
√ Reissuance of joint certificate (former certificate) and electronic transfer available only on the device designated by customer through one of the following methods (1) (Security card or OTP) + mobile phone text message verification (2) 2-channel verification (request by device, approval by wired phone or by using separate channel) (3) Mobile app verification (4) Visiting business branch (1-time password verification) √ For “joint certificate (former certificate) reissuance” on an undesignated device, additional identification required according to one of the device designation procedures of (1), (2), (3) above √ For “transferring funds of at least 3 million won” on a undesignated device, additional identification required according to one of the device designation procedures of (1), (2), (3) above [Inquiries] Korea Financial Telecommunications and Clearings Institute ☎1577-5500 or call center of financial company mainly dealt with |