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 Application
for Investment Registration Cerificate
(IRC)
IRC issued by the Financial Supervisory
Boards |
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| Designation
of foriegn exchange bank(s) (multiple) |
| Designation
of custodial bank(s) (multiple) |
| Standing
agency agreement(s) with securities
firm(s) (multiple) |
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Opening
accounts
At bank(s) : custody (safekeeping)
account & cash
(Korean won, foriegn currency)
accounts |
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| At
securities firm(s) : securities
transaction accounts |
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| Remittance
of funds
Through the correspondent bank
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| Buy
or sell order
Directly or by phone, fax or telex
to securities firms |
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| Fund
transfer
Between bank accounts of customer
and securities firm |
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| Confirmation
of execution & settlement
Notification of results |
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| Repatriation
of funds is allowed with no restrictions upon the correspondent bank's confirmation |
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