I'm curious whether this is a financial transaction violation act.

The matter you inquired about may constitute a financial transaction violation, so a very careful approach is needed.

Financial transaction violations are generally transactional acts that damage the normal financial order, with representative examples being acts of opening accounts in others' names or using them to move funds.

If the actual money owner and the account holder are different, it may violate the Financial Real Name Act or the name lending prohibition provisions of the Electronic Financial Transactions Act.

In particular, the act of having a third party use your account to receive investment funds may result in the account holder also being punished as a money laundering accomplice or criminal accomplice if the account is used in a crime.

Even if provided as a simple favor, it is regarded as an act that disables the financial institution's real-name verification principle, making it difficult to avoid liability for financial transaction violations.

Such name lending cases are frequently used in voice phishing, illegal money exchange, and crimes using virtual assets, and investigative authorities tend to also hold criminal liability for account providers when transaction details cannot be confirmed.

Even if the amount is small and there was no illegal intent, formal violations may be established if it is a transfer/recovery structure with no actual transaction, so it is desirable to definitely refuse such requests from acquaintances.

Since you must clearly determine whether it is a financial transaction violation in advance and review the possibility of judicial action depending on the situation, if you have been exposed to a similar case or have already provided your account, we recommend quickly consulting with a financial specialist attorney at Daeryun Law Firm.