Foreign Exchange Transactions Act

외국환거래법

Act · 재정경제부 · English text effective 2021-09-16 · Korean current 2026-01-02

Articles

• CHAPTER I GENERAL PROVISIONS
• Article 1 Purpose
• Article 2 Objects of Application
• Article 3 Definitions
• Article 4 Striving for Facilitation of Foreign Transactions
• Article 5 Exchange Rates
• Article 6 Suspension of Foreign Exchange Transactions
• Article 7 null
• CHAPTER II FOREIGN EXCHANGE AGENCIES
• Article 8 Registration of Foreign Exchange Business
• Article 9 Foreign Exchange Brokerage
• Article 10 Obligations in Performing Business Affairs
• Article 10-2 Entrustment of Some Affairs Necessary for Foreign Exchange Affairs
• Article 11 Supervision of Business and Regulation of Soundness
• Article 11-2 Macro-Prudential Stability Levies
• Article 11-3 Collection of Levies and Filing Objections
• Article 12 Revocation of Authorization
• Article 12-2 Penalty Surcharges
• CHAPTER III FOREIGN EXCHANGE EQUALIZATION FUND
• Article 13 Foreign Exchange Equalization Fund
• Article 14 Redemption of Principal and Interest of Foreign Exchange Equalization Fund Bonds
• CHAPTER IV PAYMENTS AND TRANSACTIONS
• Article 15 Payment Procedures
• Article 16 Reporting on Methods of Payment or Receipt
• Article 17 Reporting on Export and Import of Means of Payment
• Article 18 Reporting on Capital Transactions
• CHAPTER V SUPPLEMENTARY PROVISIONS
• Article 19 Warnings and Suspension of Transactions
• Article 20 Reporting and Inspection
• Article 21 Notification to Commissioner of National Tax Service
• Article 22 Confidentiality of Foreign Exchange Transactions
• Article 23 Delegation and Entrustment of Authority
• Article 24 Permission by Electronic Documents
• Article 25 Management of Administrative Affairs
• Article 26 Relationship to Other Statutes
• CHAPTER VI PENALTY PROVISIONS
• Article 27 Penalty Provisions
• Article 27-2 Penalty Provisions
• Article 28 Penalty Provisions
• Article 29 Penalty Provisions
• Article 30 Confiscation or Additional Collection
• Article 31 Joint Penalty Provisions
• Article 32 Administrative Fines

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