Terms and Conditions of Service by HANPASS CO., LTD.

Article 1 (The scope of the Terms and the Conditions)

These Terms and Conditions apply to HANPASS CO., LTD. (hereinafter referred to as the “Company”) and the client (hereinafter referred to as the “Client”) who uses the “overseas remittance service in small amounts” (hereinafter referred to as the “Service”), which service is provided by the Company.

Article 2 (Transactions in the real name)

The Client shall use his real name when he engages in the overseas remittance service in small amounts, and shall comply with the request by the Company for a proof of the real name and other necessary data. Article 3 (Limitations on remittance)

The limits for remittances that the Customer may make through the Service shall be governed by applicable laws and regulations, including the Foreign Exchange Transaction Regulations, and shall be based on the per-transaction payment and receipt limits and the annual payment and receipt limits per individual.

Article 4 (Designated Account)

① The Company may remit or receive the payment only through the account in the Company’s name opened at the financial company (hereinafter referred to as the “Designated Account”), which account was designated as the account to be used for the overseas remittance in small amounts at the time of the registration (including the registration amendment) of the business of the overseas remittance in small accounts.

② The Company shall post at the Company website the information regarding the Designated Account, and update it.

Article 5 (Fees)

① Upon the request for the Service from the Client, the Company shall classify in detail the fees (hereinafter the “Fees”) which the Client shall pay, as fees for currency exchange or remittance, fees to a foreign business partner and so on, and inform the Client thereof.

② The Company shall post at the Company website the information regarding the Fees, and update it.

Article 6 (Applicable exchange rates)

① Upon receiving the request for Service from the Client, the Company shall provide the Client with the information on the exchange rates applicable to the Client.

② The Company shall post at the Company website the information regarding the exchange rates applicable to the Client, and update it.

Article 7 (The amount paid or received)

① If the Client who requested the Service deposited the fund at the Designated Account, the Company shall exchange it into the foreign currency with the deduction of the Fees, and remit it to the beneficiary designated by the Client.

② If the Company receives a request for the Service from the Client, the Company shall indicate the amount to be paid or received by the Client in Korean won and in the foreign currency, and inform the Client thereof.

Article 8 (Time required for the transaction)