account transfer system Archives

Over 390,000 Inquiries as Account Transfer System Opens

SEOUL, Feb.28 (Korea Bizwire) – The launch of the third stage of a new program that allows customers to transfer bank accounts with the click of a mouse saw a flood of account inquiries. According to the Korea Financial Telecommunications and Clearings Institute (KFTCI), more than 390,000 account transfer inquiries were recorded. The numbers were [...]

All Eyes on First Day of ‘Account Transfer System’

SEOUL, Oct. 30 (Korea Bizwire) – On the first day of Korea’s new ‘account transfer system’, users showed much interest. The Payinfo site where the service is provided even went down after being flooded with traffic. According to the Korea Financial Telecommunications and Clearings Institute, the number of connections as of 3 p.m. reached 159,205, [...]