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BUSINESS BANKING BUSINESS BANKING

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FEATURES

Business Online is a feature of the online banking service for business customers. Business Online is a specialized business internet banking system for helping
to manage your cash quickly and easily over the internet by saving time and cost. Instead of relying on branches for information, with Business Online, you have instant access to your account balances, outstanding checks, and returned checks. You can also place stops on checks, initiate domestic/international wire transfers, create ACH files including payroll direct deposits.

WHAT CAN I DO WITH BUSINESS ONLINE

  • Domestic Wire
    • Initiate an immediate transfer of funds from one of your corporate accounts into any account accessible through the Federal Reserve Funds Transfer System.
  • International Wire
    • Initiate an immediate transfer of funds from one of your corporate accounts into a corresponding financial institution, which passes it through Federal Reserve funds Transfer System to a financial institution in a foreign country.
      REMITTANCE INFORMATION

      country

      IN PERSON AT BRANCH
      REMITTANCE FEE
      (Through Bank Teller)

      ONLINE REMITTANCE FEE

      KOREA

      $20

      $15

      OUTSIDE U.S

      $25

      $20

      DOMESTIC

      $20

      $15

  • ACH
    • Submit ACH batches to your financial institution.
  • Remote Deposit
    • Remote Deposit Capture (RDC) is a ways to deposit your check using the Internet remotely, you can use the Scanner (provided by Woori America Bank) to send a Check Image as a check to the processing center which will be deposited to your account.

BUSINESS ONLINE SERVICE FEES

  • ACH Service
    • Monthly Fees: Service Access Fee: $25 / Business / Month
  • Remote Deposit Capture (RDC) Service
    • Equipment Prices: Check scanner (Panini My vision X) : $816.00
    • One Time Set Up Fee: Merchant Software Access Fee : $85 / workstation
    • Monthly Fees: Monthly Hosting Fee : $55 / workstation
    • Early termination fee: Terminate contract within 1 year from enrolment : $200.00
  • Token
    • Equipment prices: $10 / Token
  • Wire Transfer
    • Transaction Fee:
      • $15 per each US Domestic Wire
      • $15 per each Wire to Korea
      • $20 per each International Wire

phone iconFor more information, please visit your local branches or call 1-888-MyWoori(699-6674)