Kabang Dormant Deposit and Insurance Claim, 1.1 Billion Won Paid in Two Days
[Asia Economy Reporter Kiho Sung] KakaoBank's 'Dormant Deposits and Insurance Money Retrieval' service has paid out over 1.1 billion KRW within two days of its launch.
On the 23rd, KakaoBank announced, "Since the service opened at 9 a.m. on the 21st, 170,000 people have made inquiries over two days, and 58,000 cases of dormant deposits and insurance money have been paid to the rightful owners." Customers retrieved an average of 30,381 KRW per person in dormant deposits and insurance money, with the highest payout amounting to approximately 9.1 million KRW.
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This service, available to customers who have opened a KakaoBank account, allows users to conveniently check and apply for both dormant deposits and dormant insurance money at once.
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