Woori Bank to Accept Applications for Seoul City Survival Funds Starting from the 15th
[Asia Economy Reporter Kim Hyo-jin] Woori Bank announced on the 11th that it will begin accepting applications for the 'Seoul Survival Fund,' which provides a total of 1.4 million KRW to self-employed individuals struggling due to the novel coronavirus disease (COVID-19), starting on the 15th.
Seoul City began accepting Survival Fund applications through non-face-to-face channels such as the internet from the 25th of last month, and from the 15th to the 30th of this month, applications will be accepted at Woori Bank branches located in Seoul (excluding business offices) and designated locations in each autonomous district. The 350 Woori Bank branches located in Seoul plan to support document submissions for all 25 autonomous districts of Seoul.
For in-person applications at Woori Bank, a 10-day rotation system based on the last digit of the birth year will be applied. On the first day of acceptance, the 15th, only those whose birth year ends in 0 can apply; on the 22nd, those ending in 5; on the 26th, those ending in 9; and on the 29th and 30th, applications can be submitted regardless of the last digit. Applications can be submitted during banking hours from 9 a.m. to 4 p.m. on weekdays, and applicants can apply regardless of whether they have an account with Woori Bank.
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Applicants must prepare an application form, consent forms for personal information processing, a copy of their business registration certificate, and a copy of their bankbook. Information on application conditions and the Survival Fund payment schedule can be obtained from the Seoul City Dasan Call Center or the district office where the business is located.
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