Welcome to the **NO.1 digital banking savings bank**! We are proud to lead the industry with the highest number of cumulative app downloads and users in the savings bank sector, as recognized by App Annie as of December 31, 2023. Our comprehensive suite of services includes deposits, cards, loans, financial services, credit management, and life services, all designed to make your banking experience seamless and rewarding.

Experience the innovative **‘Well Bang Walking Savings’**, where you can earn interest rates of up to 10% per annum simply by walking. We offer preferential interest rates based on the number of steps you achieve within the subscription period, making saving money fun and healthy.

New to our bank? Enjoy a **WELCOME!** preferential interest rate of up to 7% per year on your first transaction. This special rate is available for 30 days to customers opening an account for the first time, ensuring you start your savings journey on a high note.

Struggling with asset and liability management? Our **Welcome My Data** service is here to help. We’ve facilitated a nationwide interest reduction project, saving a total of KRW 8,334.98 million as of March 14, 2024. We’ll gather all your debt information and advise on potential transfer loans, helping you participate in the interest reduction project. Plus, our credit management tool, **credit weather**, keeps you informed about your credit status.

Opening an account with us is **easy and convenient**. You can open a non-face-to-face account 24/7, even in the early morning hours. No public certificate? No problem! Just use pattern or fingerprint authentication along with a 6-digit authentication number. We also offer dedicated accounts tailored for Payers, office workers, and bosses, with special benefits upon account opening.

Don’t miss out on the **‘Wellbang Lounge’**, where exclusive prize benefits await. Our **Well Bank Walking** program rewards loan and receiving customers with daily and monthly benefits based on their steps. Try your luck with **Well Bang Lotto** by guessing six numbers from 0 to 9, or play **Well Bang Odd or Even** for weekly prizes.

Make the most of our **convenient financial services**. With our intuitive interface, you can easily transfer funds by simply dragging and dropping account cards. Get a comprehensive view of your total assets, detailed status, and savings goals on one page. Check your car’s value with just a license plate number, and automate your utility bill payments with our **Automatic Payment** service. Plus, our **free credit management** tool helps you monitor your credit score without affecting it.

Stay secure with our **electronic financial fraud prevention service**. We offer a PC designation service, 2-channel authentication, and one-time authentication numbers, all in line with the Financial Supervisory Service’s guidelines.

Product Information

**[Well-Bang Working Savings]**

• Subscription target: individual customers
• Contract period: 12 months
• Payment amount: The same amount of 10,000 won or more and 200,000 won or less per month
• Interest payment: lump sum payment at maturity
• Basic interest rate: 1.0% per year + preferential interest rate up to 9.0% per year
• Preferential interest rate conditions:
• Differential payment of preferential interest rates based on annual steps achieved (up to 8.0%)
• More than 1 million steps: 1.0%p per year
• More than 2 million steps: 2.0%p per year
• More than 3 million steps: 3.0%p per year
• More than 4 million steps: 8.0%p per year
• Payment by automatic transfer through our bank account at least 6 times (1.0%p)

**[WELCOME first transaction preferential m term savings]**

• Subscription target: individual customers
• Contract period: 12 months
• Payment amount: The same amount of more than 10,000 won and less than 200,000 won per month
• Subscription conditions: Within 30 days from the date of first opening deposit subscription
• Interest payment: lump sum payment at maturity
• Basic interest rate: 3.7% per year + preferential interest rate up to 3.3% per year
• Preferential interest rate conditions:
• Payment by automatic transfer through our bank account at least 8 times (1.8p per year)
• When the average deposit/withdrawal account balance from the new date of this deposit to the day before the contractual maturity date is 500,000 won or more (1.5p per year)

**※Common precautions**

In accordance with the Depositor Protection Act, this deposit is protected up to “50 million won” per person (combined with other protected products of this mutual savings bank), including the principal and a certain amount of interest. Please check the product description and terms and conditions before signing the contract. You have the right to receive a sufficient prior explanation of the product, and please understand the explanation before transacting.

**※Interest rates may change, so please refer to the website or app.**

Customer Center Operating Hours

• Loan: 1661-0001 (Weekdays 08:30 ~ 18:00)
• Deposit/Withdrawal: 1661-9400 (Weekdays 09:00 ~ 18:00)
• Business operator: 1661-9300 (Weekdays 09:00 ~ 18:00)
• Financial fraud reporting night call center: 02-397-8600/8800

Wellbang App Permissions and Purpose

**- Required access rights**

• Storage space: Required for storing joint certificates, checking for OS tampering, submitting documents, storing photos, and submitting supporting documents.
• Phone: Required for identity verification, device verification, and consultation calls.
• App activity: Used to collect app information and detect malicious apps by obtaining broad package visibility rights to prevent electronic financial transaction incidents.

**- Optional access rights**

• Contacts/Address Book: Contact information is collected and shared to use functions such as contact transfer, sending SMS, purchasing coupons, and selecting recipients when recommending a friend. If you do not consent to this as an optional permission, its functionality may be limited.
• Camera: Used for photo identification, face authentication, document submission, etc. This is an optional permission, and if you do not agree, its functionality may be limited.
• Photos and videos: Save photos and collect photos submitted as supporting documents. This is an optional permission and its functionality may be restricted if you do not consent to it.
• Notification: Used to receive notifications of important notices, events, and promotions. This is an optional permission; if you do not consent, you may be restricted from receiving notifications.

Items for Investigation of Credit Disorderly Conduct

• Malicious app detection information, diagnostic information on detected malicious apps

**Welcome Savings Bank Co., Ltd.**
CEO: Daewoong Kim
Business registration number: 120-87-93876
Welcome Savings Bank Compliance Officer Deliberation No. 3765 (2024.08.08~2025.08.07)
Reviewed by the Korea Federation of Savings Banks 2023-00710 (2023.06.22~2024.06.21)

What's New in the Latest Version 3.4.9

Last updated on Oct 22, 2024

1. 앱 사용 환경개선 및 안정화