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| Article 6 (Selection, Use, and Management of Means of Access) |
| (1) | A financial company or an electronic financial business entity shall select, use and manage the means of access necessary for electronic financial transactions and confirm the identity and authority of a user, the details of a transaction request, etc. <Amended on May 22, 2013> |
| (2) | A financial company or an electronic financial business entity shall issue the means of access only if an application is made by the user after verifying the identity of such user: |
| 1. | In case of an electronic prepayment means or electronic currency referred to in the proviso of Article 16 (1); |
| 2. | Where a user’s consent is obtained for the renewal, replacement, etc. of the means of access, as prescribed by Presidential Decree. |
| (3) | Except as otherwise provided in other statutes, no one shall commit any of the following acts with respect to the use and management of a means of access: |
| 1. | Transferring or taking over a means of access; |
| 2. | Borrowing or lending a means of access, or storing, delivering or distributing a means of access, accompanied by receipt, demand or promise of any compensation; |
| 3. | Borrowing or lending a means of access, or storing, delivering or distributing a means of access, for the purpose of using it for any crime or with the knowledge of the fact that it will be used for any crime; |
| 4. | Providing a means of access as the object of pledge; |
| 5. | Acts of arranging, brokering, advertising, receiving, requesting, or promising for the actions of subparagraphs 1 through 4. |
| (4) | Where a financial company, electronic financial business operator or subsidiary electronic financial business operator (hereinafter referred to as "financial company, etc.") has acquired a user's means of access, such as an error in the operation of electronic apparatus, when it returns such means of access to the user, it may identify the user by requesting, etc. the identification. <Newly Inserted on May 19, 2020> |
| (5) | Grounds for requesting the identity verification under paragraph (4) and the method of identification shall be prescribed by Presidential Decree. <Newly Inserted on May 19, 2020> |