What is the official website of the payment service?
https://www.sc.co.kr
https://www.sc.co.kr
Customer support contacts are listed on the ‘Contact Us’ page at https://www.sc.co.kr or in the mobile app under ‘Support’.
+82-2-3707-6000
Toll-free numbers may be available domestically; many providers offer toll-free hotlines for general inquiries and lost cards.
No dedicated technical support email provided; most inquiries go through web forms or general customer service email.
Specialized contacts are often listed by department; common industry standards include support, complaints, and business inquiries emails.
Online chat support is typically found on the official website’s ‘Support’ section or within the mobile banking app.
Many financial services offer 24/7 chatbot assistance, with live agents available during office hours.
Messenger support like WhatsApp or Telegram is increasingly common; users should check the company’s ‘Contact Us’ page for availability.
Standard support hours are generally 9:00 to 18:00 KST, with some hotlines and chatbots available outside these hours.
Live support may be reduced or unavailable on weekends and holidays; automated services are usually accessible.
Most major banks in Korea have regional branches within the country for in-person visits and customer service.
Physical offices are in Seoul (main branch: 47 Jongno, Jongno-gu, Seoul); additional branches are listed on the company site.
Scheduling a personal meeting is typically available via phone or website request, especially for VIPs or corporate clients.
Standard Chartered operates globally; international office information is provided on its global website.
Customer support commonly offers Korean and English; international branches may offer additional languages.
Typical response times range from instant chatbot replies to 1-2 business days for email, depending on method and inquiry type.
VIP clients usually receive priority response through special lines, dedicated managers, or faster ticket escalation.
Callback options can be set up online or by phone; service availability varies by inquiry type and customer tier.
Standard Chartered Korea dates back to the acquisition of Korea First Bank in 2005; global origins date to the 19th century.
Standard Chartered PLC, headquartered in London, owns the Korean branch; individual founders are associated with the parent company.
The company is registered in South Korea, operating as a subsidiary of Standard Chartered PLC, UK.
Standard Chartered expanded in Korea by acquiring Korea First Bank in 2005, integrating global banking technologies and expanding services.
The biggest update was the rebranding from Korea First Bank to Standard Chartered Korea in 2005, with ongoing digital transformation milestones since.
The board includes local executive directors appointed by the parent company; details are published in the annual report and on the website.
Standard Chartered PLC is owned by institutional and public shareholders; strategic partners include various international financial firms.
Standard Chartered PLC is listed on major stock exchanges like the London Stock Exchange, but the Korean subsidiary is not separately traded.
Market cap is relevant to Standard Chartered PLC, exceeding $20 billion; subsidiary values are not separately listed.
Standard Chartered operates multiple branches in Korea and subsidiaries globally in over 60 countries.
The bank is licensed by South Korea’s Financial Services Commission and Bank of Korea, holding full banking and payment operation permits.
Standard Chartered Korea operates in South Korea; global operations cover 60+ countries.
Most traditional Korean banks do not offer cryptocurrency licenses; any crypto-related activity would require specific regulatory approval.
AML and KYC compliance is mandatory under Korean and international banking regulations, with strict identification requirements.
Large banks typically hold PCI DSS, ISO 27001, and other international security certifications for payment systems.
Regular security audits are conducted internally and externally, ensuring compliance with national and global standards.
Client deposits are covered by Korea Deposit Insurance Corporation up to the local legal deposit insurance limit.
Compliance with BIS Basel guidelines, FATF AML recommendations, PCI DSS, ISO/IEC security standards is expected.
Regulatory enforcement actions are public records; major banks adhere to compliance but may incur occasional fines for procedural lapses.
Reviews can be found on Google Play, Apple App Store, Naver Cafe, Kakao forums, and international banking review sites.
Frequent complaints include slow response times, complex procedures, and occasional digital platform bugs, consistent with sector norms.
Users often praise global reach, multilingual support, strong security, and convenient international transfers.
Withdrawal delays may occur due to system maintenance, compliance checks, or technical issues; resolved quickly in most cases.
Users note that interfaces are modern but sometimes complex due to detailed security and compliance procedures.
Transaction speed is widely regarded as competitive, with instant or same-day processing for most domestic operations.
Recommended by most users needing global financial infrastructure; satisfaction rates above industry average for international banks.
Experts confirm high reliability, compliance, and technological sophistication, aligning with global best practices.
Standard Chartered regularly receives banking awards for service, innovation, and financial inclusion in international rankings.
Participates in ranking by global analysts like The Asian Banker and Euromoney; ranking varies by year.
Financial authorities regularly recommend established banks for safety, strong compliance, and protection of client deposits.
Partners report positive experiences, global reliability, and secure business payments.
Standard Chartered is recognized for early adoption of digital banking, AI-driven technology, and blockchain pilots.
Banks commonly hold ISO 9001/27001, PCI DSS, and other certificates for quality and security assurance.
Standard Chartered executives frequently speak at Asian Banker Summits, Money20/20, Sibos, and finance technology events.
The bank positions itself as a premium, innovative, globally connected financial institution with multilingual and digital expertise.
KRW is the main currency; USD, EUR, JPY, and other major global currencies are supported for international payments.
Standard Chartered Korea does not currently support customer-facing cryptocurrency services in compliance with Korean law.
No proprietary cryptocurrency or token offered; all digital assets require regulatory approval.
Multi-currency conversion is standard for foreign exchange transactions through online and branch services.
Official bank rates are set daily, referencing global FX markets and published on the bank’s website.
Rates are updated at least once per business day or more often during high-volume periods for accuracy.
Stablecoins are not supported for payments or account holdings by Korean regulated banks.
Some exotic currencies can be exchanged at main branches; availability varies and may require advance notice.
Currency transaction restrictions apply based on Korean regulations and destination country’s policies.
Supports domestic wire transfers, international SWIFT payments, interbank transfers, and scheduled payments.
Yes, peer-to-peer transfers between Standard Chartered Korea customers are available via mobile/online banking.
Transfers to credit or debit cards may be supported; check with the bank for real-time capabilities per card network.
Yes, funds can be sent to domestic and international bank accounts via standard transfer procedures.
Bill payment is available for utility bills, credit cards, and government fees through the bank’s channels.
Recurring payment setup is enabled for regular bills and service subscriptions via online or mobile banking.
Automatic transfers can be scheduled for future dates, recurring intervals, and account-to-account payments.
Payment scheduling is offered for domestic and international transactions, including bills and transfers.
Group payment and splitting could be facilitated via corporate or business banking solutions.
Payment links are available for e-commerce and invoice requests, mostly via business banking platforms.
Minimums depend on transaction type; domestic transfers often start around KRW1,000; international and FX transfers may be higher.
Maximums are set by transaction type, customer verification, and compliance rules; daily caps for retail clients often under KRW100 million.
Daily limits apply based on account type, verification, and regulatory requirements; these can be checked in account settings.
Monthly and annual limits vary; higher tiers and business clients are eligible for increased caps after verification.
Limit increases require user request, additional identity or business verification, and sometimes approval from compliance teams.
Yes, verified users generally have higher transaction limits and access to additional services.
New accounts have lower limits and restricted features until verification and probation periods are completed.
Limits may vary for international users and transactions based on local and cross-border payment regulations.
Temporary blocks can be initiated by the bank for suspected fraud, compliance checks, or at user request.
Transaction number limits may apply, especially for high-risk operations or newly opened accounts.
Minimum funding amounts vary by method; cash deposits at branches can start from as low as KRW10,000.
Funding methods include cash at branches, bank transfers, card payments, internet banking, and mobile app deposits.
Deposit fees are rare for cash or domestic bank transfers; fees may apply for card funding or international incoming payments.
Minimums vary per method; cash deposits may have no lower minimum while digital funding may start at KRW1,000.
Funds are usually credited instantly or within 1 business day, depending on method and source.
Withdrawals via ATM, in-branch over-the-counter, or transfer to a linked bank account are standard.
ATM withdrawals may incur nominal fees; in-branch or interbank transfer fees are clearly published by the bank.
ATM and instant electronic withdrawals happen within minutes; bank transfer withdrawals generally complete within 1 business day.
Withdrawal limits are set per account, ATM, and regulatory requirements; daily ATM limits are usually under KRW10 million.
Card deposits are typically credited instantly or within minutes, with possible delay for foreign issuers.
Domestic bank transfers generally settle within minutes; international transfers may take 1–3 business days.
Bank does not support direct cryptocurrency transfers, so this is not applicable.
Internal transfers between clients of the same bank are processed instantly or within several minutes.
Weekend processing may be subject to delays, especially for incoming interbank or international transactions.
Public holidays can delay funding and processing, with transactions queued for the next business day.
Express or urgent deposit options may be available for high-value transactions with disclosed extra fees.
Funding speed depends on transaction method, interbank network availability, time of day, and compliance checks.
Users receive real-time notifications of funding status via SMS, email, or mobile app.
Contact customer service with transaction details; investigations typically resolve the delay or provide credits within 1–3 business days.
Requests are usually processed instantly for ATMs and within hours for scheduled transfers, banking hours permitting.
Card withdrawals at ATMs are generally instant; branch withdrawals also complete the same day.
Domestic transfers are usually completed within minutes; international transfers range from same day to a few days.
Not applicable, as direct crypto withdrawals are not supported.
Withdrawals may be delayed outside normal banking hours, mainly for interbank or international payments.
Withdrawals initiated on holidays are processed the next working day.
Urgent withdrawal processing options may be offered for a fee on high-value transactions.
Withdrawal speed is influenced by transaction type, compliance reviews, banking network status, and time of submission.
Status updates are sent via SMS, app, or email when withdrawals are initiated and completed.
Withdrawals can occasionally be canceled if not yet processed; contact support immediately for assistance.
Registration is typically done in-branch or online; applicants must submit identification and complete the onboarding process.
Required data includes full name, date of birth, address, ID/registration number, contact details, and supporting documents.
Some banks allow registration without an email, but a phone number and Korean ID are usually mandatory.
Phone confirmation is standard for verification and security of new accounts.
Applicants must be at least 18 years of age for most financial services.
Yes, with suitable documentation such as business registration, KYC, legal representative info, and proof of business activity.
Authentic personal and business data is required; false data leads to account suspension and potential legal issues.
Registration is restricted to South Korean residents or eligible foreigners with proper documentation.
Account activation is typically completed within one business day after approval and document verification.
Basic (document ID), intermediate (additional KYC), and full (business/corporate accounts with enhanced checks) verification levels are standard.
Valid government-issued photo ID, proof of address, and secondary contact information are mandatory.
Yes, business registration, director IDs, full KYC, and legal entity paperwork are required.
Digital copies are accepted for application and verification, subject to later in-person documentation checks.
Verification for individuals is typically within 1–3 business days; corporate accounts may take longer.
Limited use is possible without full verification, but transaction limits and available services are greatly restricted.
Unverified users face low transaction limits, restricted transfers, and usually cannot access international or investment products.
Address confirmation via document upload or utility bill is required for account verification and compliance.
Increasingly required for online digital onboarding and to prevent identity theft.
Document updates occur upon expiry, status change, or periodic compliance reviews, usually every 1–3 years.
Banks use AES-256, SSL/TLS for web services, and hardware security modules to protect transaction data.
Two-factor authentication (2FA) is enabled for login and transaction approval, via SMS, OTP, or authenticator apps.
SMS verification for key transactions is standard, enhancing security for payment operations.
Biometric options including fingerprint and face recognition are common in mobile banking apps.
Blockchain may be piloted for certain back-end operations, but most customer-facing services use traditional banking infrastructure.
Multi-level security combines passwords, 2FA, encryption, monitoring, and biometric authentication for client safety.
Personal data is safeguarded under Korean privacy law and global banking standards; robust encryption and access controls are applied.
As cryptocurrencies are not supported, cold storage is not utilized by Standard Chartered Korea.
Banks employ DDoS mitigation services and network-level monitoring to prevent service disruptions.
Security audits are performed regularly by internal teams and outside consulting firms.
Anti-phishing measures include customer alerts, browser security extensions, and robust email authentication protocols.
Sophisticated fraud detection employs AI, pattern analysis, and real-time monitoring for abnormal activity.
Strong AML protocols with transaction monitoring, enhanced due diligence, and reporting of suspicious activities as per law.
Suspicious accounts are promptly blocked pending investigation and review.
Report immediately to the bank; assistance will be provided per banking security policies and customer protection laws.
Use the banking app, official website, phone hotline, or in-branch services to report suspicious transactions.
Compensation is processed based on investigation findings and insurance policy coverage, if applicable.
Users have the right to dispute transactions through formal claim processes and receive transparent resolution.
Submit a dispute via customer service hotline, branch visit, or written complaint for review by compliance staff.
Bank-level cyber insurance policies are standard in major financial institutions, protecting against damages from hacking or data breaches.
Transfers may incur fixed or percentage fees depending on destination, currency, and delivery speed; fee schedules published online.
Deposit funding is generally fee-free for domestic methods; fees may apply for international and card deposits.
ATM withdrawals incur set fees; branch and cross-border withdrawals are charged per published rates.
Currency conversion fees apply and are published visibly, usually as a markup on mid-market rates.
No inactivity fees are charged on standard individual accounts; special product types may have maintenance fees if dormant.
Personal accounts rarely pay maintenance; business/corporate products may incur monthly or annual fees.
Operation cancellation is generally free before processing; completed payment cancellation may incur reversal charges.
Express transaction fees apply for urgent transfers or priority processing requests.
All fees are transparently published by law; customers may consult fee schedules online or at branches.
High-value transactions often incur fixed rates or percentage-based fees, with possible discounts for VIP or business clients.
Account products feature tiered pricing, including student, standard, premium, and business tariffs.
VIP status grants higher limits, preferential rates, dedicated support, faster processing, and access to exclusive products.
Preferential conditions may be requested by meeting wealth or activity thresholds, via application or personal banker referral.
Some products include free monthly transfers or ATM withdrawals, especially for salary, student, or VIP accounts.
Active user rewards include fee discounts, cashback, and partnership benefits, offered at regular intervals.
Yes, business accounts offer volume-based pricing, specialized services, and negotiated corporate packages.
Custom pricing or special conditions may be negotiated for high-value or relationship clients.
Promo codes are issued for campaigns, new product launches, or partnership offers and reduce eligible fees.
Cashback on debit or credit card usage and special transaction types is standard for consumer banking products.
High transaction volumes can qualify for discounted fee schedules under business or VIP accounts.
Yes, Standard Chartered Korea offers an official mobile banking application.
Available for iOS (Apple App Store) and Android (Google Play Store) devices.
Functions include account management, fund transfer, foreign exchange, payments, notifications, and customer support.
Mobile app offers most core functions; some advanced corporate or business features may be web-exclusive.
Mobile app supports Touch ID and Face ID for secure logins and transaction approvals.
Most banking apps require internet; some allow offline access to pre-downloaded statements and limited features.
Push notifications are enabled for transaction alerts, funding status, and security updates.
Dark theme is available or in development for enhanced accessibility and user comfort.
Apps are updated quarterly or more frequently to address security, bug fixes, and add new features.
Beta versions may be offered to select users for new feature testing; details are announced via the app or website.
Web interface is intuitively designed, responsive, and structured to comply with security and accessibility standards.
Websites are mobile-responsive for use on smartphones and tablets.
English and Korean are standard; additional languages are accessible via international channels.
Night mode or dark theme may be available for the web version, especially for accessibility.
Some web platforms support keyboard shortcuts for accessibility and faster navigation.
Account statements, transaction histories, and reports can be exported in PDF or CSV formats.
API access is offered for corporate clients, third-party integration, and fintech partners, with documentation.
Integration is possible with accounting, payroll software, e-commerce, and global payment systems.
Web platform is updated quarterly or during major security or functionality releases.
Virtual card issuance is available for online purchases and enhanced security.
Disposable/temporary cards may be issued, especially for ecommerce or secure payments online.
Multi-currency accounts are supported for foreign currency holdings and international transactions.
Investment services include mutual funds, bonds, structured products, and wealth management solutions.
Interest is paid on qualifying savings and time deposit accounts; rates are published by the bank.
Credit products include personal loans, credit cards, mortgages, and business financing.
Direct P2P trading is not commonly available; advisory services may assist with external P2P platforms.
Standard Chartered Korea does not offer direct cryptocurrency trading for retail clients.
Merchant acquiring and business payment processing are available for corporate partners and merchants.
Bulk payment and mass payouts are accessible for payroll and large volume disbursements.
Consumer and business loyalty programs with points, cashback, and partner offers are common.
Points are earned via card usage, transaction frequency, and participation in campaigns.
Cashback is offered on certain card products, promotional operations, and as account benefits.
Referral programs invite new users and reward existing clients with bonuses or fee reductions.
VIPs receive elevated limits, dedicated support, lower fees, access to premium investment products, and bespoke banking services.
Seasonal promotions, interest rate bonuses, and fee waivers are publicized during holidays and campaign periods.
Premium status is attainable based on account balances, transaction volumes, or by invitation.
Partner merchant discounts and exclusive offers are promoted through the loyalty programs and official communications.
Business banking includes loyalty benefits, volume discounts, and custom partnership packages.
Transactions with online casinos may be restricted in compliance with Korean regulations.
Korean law and bank policies often prohibit or restrict transactions related to gambling.
Concerned accounts may be blocked if illegal gambling activity is detected, pending review.
Gambling is viewed cautiously under Korean law, with many banks actively monitoring and restricting related transactions.
No special or preferential conditions for gambling transactions; adherence to law is required.
All financial transactions, including suspected gambling, are subject to monitoring and reporting as per compliance obligations.
Transparency requirements prevent banks from hiding gambling-related transactions.
Notifications are sent for all transactions; regular alerts may be given for gambling-related activity.
Gambling transactions often incur normal fees; no special tariff is applied.
Spending limits for gambling transactions can sometimes be set by the user in online banking tools.
Self-exclusion is available; customers can block their accounts from gambling-related transactions by request.
Banks will restrict operations to blacklisted gambling sites per regulatory guidelines.
Expense controls and tracking can be configured through banking app tools.
Alerts are sent if transaction or spending limits, including gambling ones, are exceeded.
Customers may request blocking of casino-related transactions for self-control or regulatory compliance.
Expense statistics are available as part of personal financial management tools in online banking.
Cooling-off periods can be requested to suspend gambling-related operations for set durations.
Banks commonly provide resources to addiction and player assistance organizations in-app or via website.
Partnerships with local addiction help organizations are standard; referrals are offered to clients.
Notifications can be configured in online banking preferences or by calling the support hotline.
Casino acceptance varies; Korean banks do not typically endorse or promote casino transactions.
No partnerships with specific online casinos due to Korean regulatory limitations.
Conditions are based on local regulations, not casino partnerships.
Special bonuses for casino use are generally not offered under Korean regulations.
Transactions may be supported internationally, but Korean law restricts local casino payments.
Transactions are restricted in South Korea; international use is governed by destination country law.
Casino operators process bank transfers by standard procedures, subject to regional regulation and approval.
Processing times for casino deposits/withdrawals align with normal international banking transfer standards.
Additional fees depend on casino operators, not the bank; users should confirm with merchant.
Compatibility is largely determined by international banking networks; domestic restrictions may prevent use with Korean casinos.