Today, for lunch, I went to the bank through the warm sunlight.
Why did I go to the bank?
This is because the account that was being used well until last year became a transaction suspension account.
When I first found out that the account had been suspended, I was thinking about just getting rid of this account.
However, this account is a passbook I made for my first investment.
Because my valuable and meaningful transaction history remains, and I will continue to use it in the future. 신한은행 거래중지계좌
I decided to save this account somehow.
So, this post is not about how to close the trading suspension account, that is, how to delete the account.
I’m only trying to include a way to unlock a trading suspension account.
For reference, my account that has been suspended is Shinhan Bank. 이베이스매뉴얼
It’s in front of the account name.
Before going, I looked it up on the internet and contacted a Shinhan Bank agent by phone.
In order to cancel the transaction suspension account, you must visit the branch unconditionally.
I went to the nearest Shinhan Bank branch.
Preparations for canceling the trading suspension account
1. ID
2. Documents proving the purpose
To cancel a transaction suspension account, you must have an ID by default,
You must have proof of purpose for the purpose of this account.
I simply wanted to release it for deposit and withdrawal, so I went to the bank with only my ID.
I talked to the counselor, and he said that the most common method is to connect a paycheck or connect three or more automatic debits for insurance/communications, etc. to apply for cancellation.
In addition, I searched for examples related to documentary evidence of purpose, and the table below may be helpful.
※ Proof of financial transaction purpose (example)
new purpose
Documentary evidence
payroll account
Earned income withholding tax receipt, employment certificate, health insurance gain/loss confirmation, government-issued identification certificate (public official card, attorney’s card, etc.)
*You must register your job information with us and check whether you are employed.
utility bill transfer account
A copy of resident registration (certified copy) and utility bill payment receipt in your name (electricity, water, gas, APT management bill, etc.)
*Your current residence must be confirmed, and automatic debit over 3 months to our account is mandatory.
Part time job
Employment confirmation documents such as employer’s business registration certificate (copy), employment contract, pay stub, etc.
research fund account
Research grant contract and payment group business registration certificate or certificate, etc.
Purpose of business fund payment
Business transaction contract and counterparty’s business registration certificate, etc.
meeting account
Documents proving the meeting, such as member list, bylaws, etc.
Corporate (business) account
Goods supply contract (invoice), electronic tax invoice (for suppliers), statement of financial position of the previous year, certificate of VAT tax base, tax payment certificate, venture business confirmation letter from Korea Technology Guarantee Fund, etc.
*If the date of establishment of the corporation is recent, additional documents such as a lease agreement may be requested.
other accounts
Objective documentary evidence that confirms the purpose of establishment is required
Purpose of trading stocks/financial products: Stocks/financial products of other financial institutions Note 1) Transaction statement, balance confirmation
*Check transaction history within the last 3 months.
Student – Certificate of Enrollment (Confirmation of school enrollment by wire)
*Additional documents to confirm residence and identity may be requested.
▲ Source: Korea Investment & Securities
However, even if you cancel this way, it will be converted to a limit-limited account.
That part also remained a complicated process that had to be released again.
Limit-limited account 1: Non-face-to-face transactions can withdraw up to 300,000 won per day, and counter-face-to-face transactions can withdraw up to 1 million won per day.
Limit Limit Account 2: Withdrawal up to 1.5 million won per day for non-face-to-face transactions, up to 5 million won per day for counter-facing transactions.
If you continue to trade with the limit-limited account 1, you can change to the limit-limited account 2 later.
To cancel the limit-limited account 2, you need to submit at the window with the details of receiving at least 3 months of salary or 3 months of payment by Shinhan credit card, and proof of employment.
It’s incredibly complicated just to turn an account that has been suspended once to a normal account with no limit, isn’t it?
When are you going to do this.. When are you going to return it to a normal account?