Mirae Asset Daewoo Launches Non-Face-to-Face Account Opening Service for Corporate Clients

[Asia Economy Reporter Song Hwajeong] Mirae Asset Daewoo announced on the 17th that it has opened a non-face-to-face account opening service for corporate clients for the first time in the industry.

The non-face-to-face account opening service allows securities accounts to be opened via mobile without visiting a branch, and until now, it was only available to individuals and sole proprietors. Mirae Asset Daewoo has resolved the inconvenience of corporate account opening by enabling account opening without visiting a branch through the integrated asset management app m.All, where the corporate representative’s real-name verification is conducted, followed by information input and submission of documents such as the business registration certificate.

The accounts that corporate businesses can open include stock accounts and Comprehensive Asset Management Accounts (CMA), which receive discounted direct fees when trading online. The possibility of non-face-to-face corporate account opening became available because the non-face-to-face real-name verification guidelines were revised in January this year, expanding the scope to allow not only individuals but also corporations to verify their real names non-face-to-face.

Additionally, the corporate account opening service is expected to enhance convenience for corporate merchants using Mirae Asset Daewoo’s payment service 'Shoot Pay.' Shoot Pay is a global simple payment service jointly operated by China’s WeChat (Tencent) and Mirae Asset Daewoo, and the number of affiliated merchants is rapidly increasing, especially among small and medium-sized clothing retailers in Dongdaemun.

A Mirae Asset Daewoo official stated, “In line with the untact (non-face-to-face) era, we plan to expand services not only for account opening but also for all tasks that previously required branch visits, so that customers can handle their affairs quickly and conveniently without inconvenience,” adding, “In the future, we will expand corporate account opening services to enable trading of various products beyond stocks and CMA.”

Information on Mirae Asset Daewoo’s corporate account opening procedures and direct fees can be found on the Mirae Asset Daewoo website and the m.ALL app, or by contacting the customer center.

This content was produced with the assistance of AI translation services.