"Secure Contactless Account Opening"... Shinhan Bank Holds Meeting

Joint Launch of Service Across Financial Sector from Today
Meeting Held with Financial Supervisory Authority as Representative of Financial Companies

Shinhan Bank announced on the 12th that it held a meeting with the Financial Supervisory Authority as a representative of financial companies ahead of the implementation of the non-face-to-face account opening safe blocking service in the financial sector.

On the 12th, a 'Financial Sector Non-face-to-face Account Opening Safe Blocking Service Meeting' to prevent financial fraud was held at the headquarters located in Jung-gu, Seoul. Shinhan Bank President Jeong Sang-hyeok (back), Financial Services Commission Vice Chairman Kim So-young (right), and Financial Supervisory Service Governor Lee Bok-hyun (left) are seen listening to an employee explanation about the service. Provided by Shinhan Bank.

The 'Non-face-to-face Account Opening Safe Blocking' service blocks the non-face-to-face opening of all KRW and foreign currency accounts of affiliated financial companies when applying for the service. Upon subscription, safe blocking information is immediately sent to the Korea Credit Information Services, blocking real-time account openings. This service was established to guarantee the right to refuse unwanted services and to prevent potential financial fraud damage in advance.

Service application can be made by visiting a nearby branch or non-face-to-face through Shinhan SOL Bank, etc. If you want to open a non-face-to-face account again, you can cancel it at the branch. This service involves 3,613 financial companies including banks, savings banks, and mutual finance institutions.

The event held at Shinhan Bank’s headquarters in Jung-gu, Seoul, proceeded with the headquarters sales department checking branch preparations for customer guidance and demonstrating the subscription procedures and methods. Afterwards, participants moved to the main auditorium at the headquarters to share on-site experiences regarding financial fraud prevention cases and held a meeting to discuss progress, future plans, system construction, and operation plans.

A Shinhan Bank official said, "Following last year’s implementation of the safe blocking service for credit transactions, we will actively promote policies and systems that can prevent financial fraud, such as this non-face-to-face account opening safe blocking service," adding, "We will continue to strengthen the financial safety net along with financial services that enhance customer convenience."

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