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RMB Corporate Deposit
 

RMB corporate deposit is a deposit where the terms and interest rate are agreed upon by both the bank and depositor prior to the deposit. Upon the date of maturity, the principal amount and accrued interest can be withdrawn.
to the relevant regulations at the time of actual business.

The deposit in this account is protected by the Korea Deposit Insurance Corporation (KDIC) under the Depositor Protection Act. The KDIC coverage limit is up to 50 million won per depositor for the aggregate of all of his/her insured financial products with this (bank / merchant bank / mutual savings bank) including principal and designated interest. The rest of the amount in excess of the coverage limit (50 million won) is not protected.

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