General credit information system reorganization... Account transfers and card payments are operating normally.

General credit information system reorganization... Account transfers and card payments are operating normally.

(Seoul = Yonhap News) Reporter Lee Do-heun = The Korea Credit Information Service announced on the 2nd that some financial services, including new use of loans and card loans and opening of deposit accounts through the Internet and mobile, will be suspended from 00:00 to 8:00 a.m. on the 5th.

New, renewal, and extension of credit products such as loans, leases, installments, credit cards, and card loans are temporarily suspended.

Opening of receiving products such as deposit accounts through the Internet or mobile, new, renewal, and extension of financial and performance guarantee products, and viewing and printing of personal credit information are also subject to suspension.

Account transfers, automated teller machine (ATM) withdrawals, cash advances, and credit/check card payments can be used normally.

The Korea Credit Information Service explained that some financial services will be discontinued due to the reorganization of the general credit information system.

The general credit information system is a system that concentrates and shares credit information such as customer loan and delinquent information necessary for financial institutions to judge financial transactions. The Korea Credit Information Service announced that it will improve system stability and security by replacing outdated equipment.