In
Korea
all
the
financial
institutions,
including
banks,
credit
card
companies,
securities
companies,
savings
cooperatives,
etc.,
are
required
to
report
negative
banking
information,
such
as
bankruptcy,
dishonor
of
commercial
bills,
delinquency
to
pay
principal
or
interest
over
certain
period
of
time,
etc.,
to
the
Korea
Federation
of
Banks.
KED
gives
this
negative
banking
information
to
you
under
Monitoring
Service.