KakaoBank is expanding services for foreign residents in South Korea, offering mobile account opening without branch visits, dedicated verification and multilingual support. It introduced a foreigner account, check cards, overseas remittances and multilingual counselling. Customers can submit documents in-app and obtain balance and transaction statements. Fees for transfers and ATM use are waived under the same conditions as domestic customers. KakaoBank plans to add deposits, open banking and loan comparison next year.

South Korea\'s parliamentary audit put major financial issues under scrutiny, from a string of hacking incidents to leveraged single-stock ETFs and real estate loan curbs. Lawmakers questioned the effectiveness of regulators\' security inspections and policy measures, and raised issues including market disruption risks, household loan management and internal controls at state-run banks. The audit also addressed the direction of the National Growth Fund and long-term debt collection practices.