Korea Financial Telecommunications & Clearings Institute
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Content in this edit is translated from the existing Korean Wikipedia article at [[:ko:금융결제원]]; see its history for attribution.
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{{Translated|ko|금융결제원}}
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Native name | 금융결제원 |
---|---|
Company type | Non-profit organization |
Industry | Finance |
Founded | 1986 |
Headquarters | Seoul, South Korea |
Website | http://www.kftc.or.kr/ |
Korean name | |
Hangul | 금융결제원 |
---|---|
Hanja | 金融決濟院 |
Revised Romanization | Keumyung gyeoljewon |
McCune–Reischauer | Kŭmnyung gyŏljewŏn |
Korea Financial Telecommunications and Clearings Institute (Korean: 금융결제원, KFTC) is a non-profit organization which manages several inter-bank payment systems in South Korea.
Business
- Check clearing
- Cashier's check truncation
- Local L/C clearing
- Corporate purchasing fund bill truncation
- Electronic bonds
- Management of dishonored bills
- Giro
- Paper based giro (bill)
- Electronic giro (Direct Debit / Direct Credit), similar to an automatic clearing house
- Internet giro (electronic bill payment)
- Inter-bank network
- CD/ATM network
- IFT Network (Inter-bank Fund Transfer Network)
- HOFINET (Inter-bank Home/Firm Banking Network)
- K-Cash Network (Electronic Money Network)
- CLS Network (and SWIFT Representative Office in Korea)
- Bank Joint Electronic Services
- Accredited certification for internet/mobile banking (PKI-based)
- KF-ISAC (Information Sharing and Analysis Center)
- Retirement pension record-keeping
External links
- KFTC homepage (in English)