Business · Companies · 3 hrs ago
KakaoBank to launch account visible only at chosen times and places
KakaoBank will launch its Stealth Account on Nov.
9 in South Korea.
Customers can set it to appear only during chosen hours or at up to three locations.
At selected locations, the account can be viewed only within 100 metres of the set point.
It will not appear through open banking, MyData or Account Info services, or link to other KakaoBank products.
The account has no debit card or ATM withdrawal function, so it is designed to limit visibility rather than serve as a regular spending account.
KakaoBank says this could reduce the risk of others accessing account information during financial fraud attempts.
Customers aged 19 or older can sign up, and the account’s base interest rate is 1.19% a year.
KakaoBank said it will launch an account that customers can view only at times and places they choose.
The account is scheduled to launch on November 9.
Customers can set up to three locations using GPS, and can view the account only within 100 metres of a selected place.
The account will not appear through open banking, MyData or AccountInfo services offered by other banks or fintech apps.
KakaoBank said the product is intended to reduce the risk of account exposure, including in situations involving financial fraud.
- Who
- KakaoBank is launching the account for customers aged 19 or older.
- What
- The “Stealth Account” can be viewed only at times and places selected by the customer.
- When
- It is scheduled to launch on November 9, 2026.
- Where
- Customers can set up to three locations using GPS and view the account within 100 metres of a selected location.
- Why
- KakaoBank said the account could help reduce the risk of account information being exposed to third parties, including in financial fraud situations.
This story does not have two clearly opposing sides.
KakaoBank announced that it would launch the Stealth Account on November 9.
The Stealth Account is scheduled to launch.
- Launch date
- November 9, 2026
- Location limit
- Up to 3 GPS-based locations
- Viewing range
- Within 100 metres of a selected location
- Eligibility
- Customers aged 19 or older
- Basic interest rate
- 1.19% annually
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What people are saying
A new type of deposit product like a safe deposit box
It will help reduce the risk of account exposure even in situations where a third party tries to access account information, such as through financial fraud.