NH콕뱅크(농협)

Editor's Review

CoK, which stands for (Agricultural) Cooperatives of Korea, represents the 농협 [Nonghyup], or Agricultural Cooperatives of Korea. This app provides mobile banking services from Nonghyup Mutual Finance, enabling anyone to use a variety of financial and lifestyle services easily and conveniently in their daily life. 🏦📱

Main Services:

Banking Modes: The app supports three banking modes:

1. Normal Mode: Offers convenient access to all services.
2. Large Text Mode: Provides remittance and inquiry information in large text, ideal for seniors and those with low vision. 👴👀
3. Youth Mode: Features designs and financial content tailored for younger users. 👦👧

Money Transfer: Easily log in and use the money transfer service with varying limits based on authentication method:

• Simple authentication: Up to ₩5 million per day.
• Mobile OTP: Up to ₩10 million per transaction and ₩50 million per day.
• Physical OTP: Up to ₩100 million per transaction and ₩500 million per day. 🔐💸

Quick Remittance: Set up withdrawal account, deposit account, and amount in advance for fast transfers. 💨

Inquiry: Easily register and query Nonghyup accounts and other financial accounts. 🔍

Open Banking: Register accounts from other institutions for inquiries and transfers (limited to participating institutions). 🤝

Financial Product Mall: Sign up for various financial products such as bank accounts, deposits/savings, loans, and funds without visiting a branch. 🏦💰

Mobile Cash Card: Pay at Hanaro Mart nationwide using your mobile phone. (Daily limit: ₩500,000) 📱🛒

Zero Pay: A simple payment service for small business owners using QR codes. (Daily limit: ₩2 million) 💼

Zero Pay Mobile Gift Certificate: Purchase mobile local love gift certificates and Onnuri gift certificates for use at Zero Pay affiliated stores. 🎁

My Data: Integrated credit and asset management service. 📊

Currency Exchange: Apply for currency exchange and pick it up at a nearby branch. 💱

Overseas Remittance: Send money to the same recipient based on previous transactions. 🌍

Foreign Currency Pocket: Exchange and store foreign currency, with options for cash withdrawal or repurchase. 💵

Gift Foreign Currency: Gift foreign currency using just the recipient's name and mobile number. 🎁📱

Utility Fees: Pay various bills including giro, electricity, phone, taxes, and more. 💡🧾

ATM Withdrawal: Withdraw up to ₩300,000 without a bankbook or card. 🏧

Over-the-Counter Withdrawal: Withdraw money at a branch without a bankbook or card. 🏦

CoK Farm: Digital assistant for farmers, offering news, associate member registration, duty-free oil status, and agricultural product shipment details. 🌾👨‍🌾

CoK Shopping: Purchase fresh agricultural products, home appliances, and household goods from Nonghyup. 🛍️

CoK Benefits: Access various lifestyle services and affiliate benefits. 🎁

Access Rights Information:

• Required: Photos, Phone, Installed Apps (for security).
• Optional: Address Book, Camera, Microphone, Notification (for additional features).

Usage Guide: Available to customers with a deposit/withdrawal account at Nonghyup or another bank, 24/7 service (excluding some services), Smart Counseling Center at 1600-2800, requires Android 6.0 or higher. ℹ️

Features

• Supports Normal, Large Text, and Youth modes

• Easy money transfer with simple authentication

• Quick remittance service for faster transactions

• Inquiry of Nonghyup and other financial accounts

• Open Banking for managing external accounts

• Financial product mall for various investments

• Mobile cash card for payments at Hanaro Mart

• Zero Pay for small business payments

• My Data for integrated credit and asset management

• Currency Exchange with branch pick-up

• Overseas remittance to same recipient

• Foreign Currency Pocket for storing foreign currency

• Gift foreign currency to others

• Utility fee payments

• ATM withdrawal without bankbook or card

Pros

• Convenient mobile banking for daily financial needs

• Multiple banking modes cater to different user needs

• Easy money transfer with various authentication options

• Open Banking allows managing accounts from other institutions

• Access to financial products and services without branch visits

• Mobile cash card for payments at Hanaro Mart

• Utility bill payment and ATM withdrawal without card

Cons

• Required access rights may raise privacy concerns

• Some functions have restricted usage without optional rights

• Service availability limited to Nonghyup account holders