Lending or selling your bankbook or card is a crime
This page is machine translated from Ieumi's guide written in Korean. If the meaning is confusing, please look at the Korean original text. View original text (Korean)
Giving others, or lending for money, the debit card or cash card tied to your account, your password, your certificate, or an OTP is forbidden by law. Words like "Lend just your account and we'll pay you" or "high-paying part-time job" can be words used to collect accounts for crime.
📌 Key points
The Electronic Financial Transactions Act forbids ① handing over or taking over "access means" such as a bankbook, card, password, certificate, or OTP, ② lending or borrowing them for money, ③ lending them knowing they will be used for a crime, and ④ introducing or advertising such things. If you break it, you can be punished by up to 5 years in prison or a fine of up to 30 million won.
📞 Contact
Police 112 · Telecommunications Financial Fraud Joint Response Team 1394 · your financial company
⚠️ Things to watch out for
They approach you with plausible words like "We need an account to pay your salary," "We'll use it briefly for tax handling," or "Just leave your card with us and we'll pay you every month." Whatever reason anyone gives, do not hand over your card and password. If you already did, tell your bank right away and get advice at 112.
❗ What happens if you don't
If your account is used in fraud such as voice phishing, the bank freezes payments from that account. If you are punished for this, the Financial Supervisory Service designates you as a person with restricted electronic financial transactions, and transactions such as internet and mobile banking may be blocked.
See also
Basis
- 전자금융거래법 제2조 제10호 · 제6조 제3항 제1~5호 · 제49조 제4항 제1~5호 (법률 제22048호, 시행 2026-10-02 · 법제처 API 원문 대조 2026-10-12)
- 전기통신금융사기 피해 방지 및 피해자산 환급에 관한 특별법 제3조 제1항 · 제4조 제1항 · 제13조의2 (법률 제22047호, 시행 2026-10-02 · 법제처 API 원문 대조 2026-10-12 — 2026-10-02 부터 법 이름이 「피해금」에서 「피해자산」으로 바뀌었다)
This content was checked on 2026-10-12.