Woori Bank said on Wednesday it will strengthen management of corporate accounts for dormant or closed businesses to prevent financial fraud and money laundering crimes.
The measure was 추진됐다 to block misuse in advance as cases increase of accounts in the names of companies that have ended operations being used as mule accounts.
Woori Bank will apply limits on corporate accounts mainly for companies in a closed status as of late February 2026. It will select accounts with no transactions over a long period or where business activity has stopped and restrict withdrawal limits. Restrictions can be lifted through procedures if a normal resumption of business or a need for transactions is confirmed.
It will also conduct on-site checks of firms with a high likelihood of links to financial fraud. The bank will focus inspections on higher-risk firms, such as business sites where a victim-relief settlement has been cancelled, and if a site is deemed inappropriate it will designate it for special management and restrict financial transactions.
A Woori Bank official said financial fraud using corporate accounts of dormant or closed businesses is increasing. The official said the bank will enhance preemptive management to improve the safety of financial transactions and consumer protection.