This Act shall also apply to a foreigner or foreign corporation; provided, with respect to any foreigner or foreign corporation of the State which fails to provide protections corresponding to this Act for any national or corporation of the Republic of Korea, any protection under this Act or the treaties acceded to or concluded by the Republic of Korea may be restricted commensurately therewith.
Laws › Electronic Financial Transactions Act › CHAPTER I GENERAL PROVISIONS
Electronic Financial Transactions Act — Article 4 (Principle of reciprocity)
전자금융거래법 제4조
For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool:
https://mcp.apify.com?tools=kr-data/korea-law