ABOUT EW

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What is Early Warning?

-Early Warning is monitoring service on accounts to provide information that allows a user to predict its account’s possibility of insolvency based on credit information monitoring.

-After registering its accounts on Early Warning, a user will receive a notification email on a daily basis about changes that have occurred in its accounts. The detailed information can also be found online.

-Early Warning ensures effective and systematic credit management on accounts through monitoring of data that are closely related to accounts' insolvency via statistical analysis of bankrupt companies.

Korea Credit Information Services, Supreme Court Registry Office, Korea Financial Telecommunications, and Clearings Institute, Business Information Council : Collection of credit information from various and reliable sources.		Early Warning : Monitoring service on accounts with centralized information. Client : Pre-sensing of accounts' possibility of insolvency

-Monitoring of short-term delinquency, public information, trading suspension, etc.

-Update of accounts' credit-standing categorized into eight grades (normal, attention, observation 1~3, dormancy, bankruptcy and closure) based on credit information.

-As monitoring factors and EW grades are set according to statistical analysis, they have high bankruptcy prediction power.

Early Warning : Short-term Delinquency, Delinquency in Commercial Transaction, Lawsuit, Public Information, Credit Rating, Default, Status. Advisory, Observation 1, Observation 2, Observation 3, Bankuptcy/Dormancy/Closure

Information of The Number of Accounts, Monthly Fee by Service Type
Service Type The Number of Accounts Monthly Fee
EW-2000 ~ 2,000 US$2,000
EW-3000 2,001~ 3,000 US$2,400
EW-4000 3,001~ 4,000 US$2,850
EW-5000 4,001~ 5,000 US$3,200
EW-6000 5,001~ 6,000 US$3,500
EW-7000 6,001~ 7,000 US$3,750
EW-8000 7,001~ 8,000 US$3,950
EW-9000 8,001~ 9,000 US$4,100
EW-10000 ~ 10,000 US$4,200
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