If you open a bank account and forget about it for a long time and do not trade, the account will be treated as a suspended account or dormant account. It depends on the individual, but there are cases where you don’t even know if you have an account, so you can refer to whether there is an account that you do not use for trading. In the case of Kookmin Bank, if you can use KB Star Banking, you can easily search for dormant accounts through the app. And if you have a balance, you can get a refund to your Kookmin Bank account. However, you might be wondering what the difference is between a dormant account and a suspended account.
• Differences between closed accounts and dormant accounts 휴면계좌 복구
• KB Kookmin Bank dormant account inquiry and refund
• Inquiry of dormant accounts
• Refunds 비지니스헬퍼
The difference between a suspended account and a dormant account
In order to prevent financial accidents, a suspended account is treated as a suspended account for separate management if there is no transaction for a certain period of time (usually about one year). However, the suspended account can be used again if the purpose of the transaction is proved as when the account was first opened. As proof, you need to submit documents related to the purpose of the transaction, such as a certificate of employment, salary slip, utility bill payment certificate, or business transaction contract.
A dormant account becomes dormant if there is no transaction for a period of about 5 years. Kookmin Bank explains that it is a deposit that has expired after five years have elapsed from the maturity date or the last transaction date. Unlike closed accounts, dormant accounts cannot be reused. You can see that it will be canceled after you get a refund.
KB Kookmin Bank dormant account inquiry and refund
Run Kookmin Bank mobile app
Kb Star Banking full menu
▲Run the KB Star Banking app and touch the ≡ icon on the top right.
Dormant account inquiry
Dormant account inquiry menu
List of dormant accounts
▲ You can search and check the list of dormant accounts by going to the Banking > Inquiry > Dormant Account Inquiry menu. Check the balance inquiry and touch the refund button.
Refunds
Enter dormant account balance deposit information
refund completed
▲If you make a refund, the account will be closed and the refund can only be transferred to your own account at Kookmin Bank. Select the deposit account information, verify it, and complete the refund.
Depending on the type of dormant account, the refund method is said to be different depending on the balance. It is said that dormant deposits contributed to the Small Finance Promotion Institute can be refunded and canceled through the Small Finance Promotion Institute or the integrated account management service, depending on the balance. If you have a deposit that is more than the amount refunded by the site as a dormant deposit contributed to the Citizen Finance Promotion Agency, or if the balance is 0 won, you can take your ID card and visit a nearby branch to inquire. Deposits subject to transfer include deferred deposits and installment deposits, and if you have been transferred to Kookmin Bank as miscellaneous profits, you can proceed from the dormant account inquiry and refund menu. Also, please note that some deposits may need to be refunded at a bank branch. If you can’t get a refund from the app and you’re not sure, it’ll be quicker to just call customer service, explain your situation, and ask.