deposit Archives | Be Korea-savvy
Tenants Acquitted of Trespassing After Changing Locks to Reclaim Homes

Tenants Acquitted of Trespassing After Changing Locks to Reclaim Homes

DAEJEON, Apr. 22 (Korea Bizwire) – A group of tenants who changed the door locks and re-entered their former apartments after failing to receive their security deposits were prosecuted for trespassing but were acquitted in both the first and second trials. According to legal insiders, in 2019, 11 residents, including an individual referred to only as [...]

FSC to Expand Information Disclosure on Banks’ Rate Differentials

FSC to Expand Information Disclosure on Banks’ Rate Differentials

SEOUL, March 3 (Korea Bizwire) — South Korea’s financial regulator said Friday it will expand the disclosure of information on loan-deposit rate differences as part of efforts to promote competition in the banking sector amid criticism that it has been bent on making profits from the “interest business” without diversifying income sources. Banks have been [...]

S. Korea to Introduce Disposable Cup Deposits in 2022

S. Korea to Introduce Disposable Cup Deposits in 2022

SEOUL, May 21 (Korea Bizwire) — South Korea is set to introduce deposits for disposable cups at coffee shops and fast food outlets, starting 2022, in its latest efforts to cut carbon emissions. Under a set of bills approved during the final session of the parliament’s 20th term Wednesday, businesses will factor in the deposits [...]

Euronet Expands Its Shared Independent Automated Deposit Terminal Networks Across Europe

Euronet Expands Its Shared Independent Automated Deposit Terminal Networks Across Europe

LEAWOOD, Kan., Jun. 7 (Korea Bizwire) — Euronet Worldwide, Inc. (NASDAQ:EEFT), a leading global payments provider, announces the further expansion of its pioneering Shared Independent Recycler Automated Deposit Terminal (“Recycler ADT”) Network across Europe. Euronet’s Recycler ADT Network has now reached 2,500 ADTs in Poland, Germany, Romania and Czech Republic with plans to expand further in [...]