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ACT ON REPORTING AND USING SPECIFIED FINANCIAL TRANSACTION INFORMATION
CHAPTER II DUTIES OF FINANCIAL COMPANIES
조문단위인쇄
 Article 5-3 (Provision of Wire Transfer Information)
(1) Where a remitter transfers money exceeding the amount prescribed by Presidential Decree within the extent of five million won by means of a wire transfer (referring to a service of transferring money via a financial company, etc. to other domestic or foreign financial company, etc., regardless of whether the remitter has an account), a financial company, etc. shall provide information on the remitter and remittee to the remittance-receiving financial company, etc. (hereinafter referred to as “receiving financial company”) according to the following classifications:
1. Domestic Transfer:
(a) Name of a remitter (in cases of a corporation, referring to the name of the corporation; hereinafter the same shall apply);
(b) Account number of a remitter (in cases of the absence of the account number, referring to any number available for reference; hereinafter the same shall apply);
(c) Name and account number of a remittee;
2. Foreign Transfer:
(a) Name of a remitter;
(b) Account number of a remitter;
(c) Address and resident registration number of a remitter (in cases of a corporation, referring to the corporation registration number; in cases of a foreigner, referring to the passport number or the alien registration number);
(d) Name and account number of a remittee.
(2) In cases of a domestic transfer, a receiving financial company and the Commissioner of the Korea Financial Intelligence Unit may make a request for information falling under paragraph (1) 2 (c), in any of the following cases, to a financial company, etc. which transfer money under paragraph (1) (hereinafter referred to as “transferring financial company”):
1. Where making a request for such information is necessary in order for a receiving financial company to file a report under Article 4;
2. Where making a request for such information is necessary in order for the Commissioner of the Korea Financial Intelligence Unit to review or analyze information reported by a receiving financial company.
(3) When requested to provide remittance information under paragraph (2), a transferring financial company shall provide such information within three business days.
[This Article Added by Aug. 13, 2013]