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Corporate Deposit
 

A. Current Deposit
Corporate current deposits can be saved and withdrawn at any time. It is mainly transacted through cash or transfer. Various currencies, including USD, KRW, and RMB, can be used to make deposits.

The deposit in this account is protected by the Korea Deposit Insurance Corporation (KDIC) under the Depositor Protection Act. The KDIC provides coverage up to KRW 50 million per depositor (for the aggregate of all insured financial products with this bank),including principal and designated interest.

B. Time Deposit
Time deposit is a deposit where the term and interest rate are agreed upon by the bank and depositor prior to making the deposit. Upon the date of maturity, the principal amount and accrued interest can be withdrawn. Various currencies, including USD, KRW, and RMB, can be used to make deposits.

The deposit in this account is protected by the Korea Deposit Insurance Corporation (KDIC) under the Depositor Protection Act. The KDIC provides coverage up to KRW 50 million per depositor (for the aggregate of all insured financial products with this bank),including principal and designated interest.

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