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Korea has the Act of Control of the Stsndard Form(Enactment 1986. 12.31, Act No.3922; Partly Revised Recised 2001.3.28; I call this act as ACSC after this). ACSC Sction 2 Paragraph 1 sats that the Standard Form Contracts are the contract terms of which one party makes previously the form in order to make a contract with other party, no matter what the names of the contracts are. Korean Cilvil Low Code Section 388 provides for Forfeiture of Benefit of Time and says that the obligor cannot claim the benefir of time under the following circumstraces; 1.If the obligor has damaged, diminished or eztinguished the security; and 2, If the obligor has failed to perform the obligation of furnishing the security And ACSC Section 11 says that following contract terms are void, and the same Section Paragraph 2 provides that one of the following terms is about the term of the Forfeiture of Benefit of Time without any reasonable ground. Then banks use the Standard Form Contracts and there are seneral contract terms that are about the Forfeiture of Benefit of Time without any reasonable ground And the Standard Form Contracts of Banks are according to the Model of the Standard Form Contracts of Banks which were approved by the Korean Fair Trade Committee. In even those Approved, Standard Form Contracts of Banks there are some terms of the Forfeiture of Benefit of Time without any reasonable ground. This legal paper is a study about the terms of the Forfeiture of Benefit of Time without ant reasonable ground in the Approved, Strandard Form Contracts of Banks I urge the banks to revise the problematic terms of the Forfeiture of Benefit of Time without any reasonable ground in the Approved, Standard Form Contracts of Banks.