ATM Deposit Adjustment means that ATM funding and withdrawal limits will be adjusted according to the financial assets in your account. This change works together with changes to the new ATM withdrawal fees and daily withdrawal limit for local cards.

What is a deposit adjustment?

Simply put, a deposit adjustment is the “price” for a withdrawal you made at an ATM. If your daily limit was 10,000 won, for example, your deposit adjustment would be 10,000 won.

What is an ATM withdrawal limit?

ATM withdrawal limits are the maximum amount you can withdraw in a day.

Why is there an ATM deposit hold?

ATM deposit holds were implemented to prevent damage and losses due to ATM malfunctions like hacking and other problems.

Why was the fixed account deposit limit chosen?

The fixed account deposit limit was chosen because it is an optimal limit that can be implemented without damage or losses due to ATM malfunctions.

What are some examples of an ATM limit change?

There is no limit for savings accounts or current accounts. There will be a deposit hold for fixed deposits. There is a limit for single card deposit. There will be an ATM withdrawal limit.

How does ATM check deposit work?

ATM check deposit is now possible with Easy Deposit, which uses the smartphone camera to scan the check.

Why are there limits for ATM deposits?

ATM deposit limits were implemented to prevent damage and losses due to ATM malfunctions like hacking and other problems. A new limit for single card deposits was implemented to prevent overloading the ATM network.

Why would an ATM reject a check?

ATM check deposit works with Easy Deposit, which uses the smartphone camera to scan the check. In order for this to work properly, there are certain conditions that must be met.

– The check’s serial number, amount, and issuing bank should all be clear and legible in the photo.

– The check should not be older than six months.

– There should be no folds, tears, or erasures.

– The check should not be written in pencil.

– The check should not be folded (3cm or less).

Why won’t my ATM let me deposit?

The smartphone must be in a stable and upright position for the check to be successfully deposited. If you cannot deposit, keep trying with your hand or other support. If there is a problem, please contact the issuing bank or card issuer for assistance.

What if I deposit a foreign check?

In order to deposit a foreign check, you need to have a card from Korea. You cannot deposit a foreign check using a Card or Easycard.

What if I deposit too much?

If you deposit more than the limit, it will stay in your account as a credit until it is needed for transaction.

Is there a limit to ATM check deposits?

There is no limit for savings accounts or current accounts. There will be a limit for single card deposit.

Is there a limit to multiple ATM check deposits?

There is no limit for savings accounts or current accounts. There will be a limit for single card deposit and daily ATM withdrawal limit.

What do I do if my card is lost or stolen?

Please contact the issuing bank immediately. If you lose your card, please do not deposit additional funds.

What if I deposit checks from two different banks?

If you deposit a check from a bank other than the one where your card is issued, you can only deposit up to one million won. If it is over the limit, you will receive an error message when attempting to deposit additional funds.

How will I know if my check is a foreign check?

The issuing bank will post a warning on their website. Foreign check deposits can only be deposited using one of the banks specifically designated by KB Kookmin Bank.

What if I deposit a foreign check?

In order to deposit a foreign check, you need to have a card from that specific country. You cannot deposit a foreign check using a Card or Easycard.

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