COMMKRSE888 - SWIFT/BIC Code for BANK OF COMMUNICATIONS CO. LTD SEOUL BRANCH, SEOUL, SEOUL BRANCH (RMB CLEARING BANK)

BANK OF COMMUNICATIONS CO. LTD SEOUL BRANCH, SEOUL, SEOUL BRANCH (RMB CLEARING BANK) - SWIFT Code Information
SWIFT Code / BIC	COMM KR SE888
Bank / Institution	BANK OF COMMUNICATIONS CO. LTD SEOUL BRANCH
Branch Name	SEOUL BRANCH (RMB CLEARING BANK)
Address
City	SEOUL
Postcode	01008
Country	South Korea
Connection	Active

COMMKRSE888 - SWIFT Code Breakdown
Swift Code	COMM KR SE888
Bank Code	COMM - code belongs to BANK OF COMMUNICATIONS CO. LTD SEOUL BRANCH
Country Code	KR - code assigned to South Korea
Location & Status	SE - bank location, the second character "E" is the active code
Branch Code	888 - this is a branch of the head office
Head Office	COMMKRSE - primary office of BANK OF COMMUNICATIONS CO. LTD SEOUL BRANCH, SEOUL, SOUTH KOREA

Frequently Asked Questions

What is a SWIFT code?

A SWIFT bank code (Society for Worldwide Interbank Financial Telecommunication Bank Identifier Code) is a unique 8-11 character code used to identify financial institutions globally for international wire transfers. The code is used by banks and financial institutions around the world to facilitate cross-border payments by providing a standardized identifier for each institution.

A SWIFT bank code is made up of several elements, including the bank code, country code, location code, and branch code. The code is used in combination with the recipient's bank account number (IBAN) to accurately route the money transfer to the correct bank and account.

SWIFT bank codes are registered and maintained by SWIFT, a global member-owned cooperative that provides secure and reliable financial messaging services to its member financial institutions. By using a standardized system for exchanging financial messages, including wire transfer instructions, SWIFT helps to ensure that international money transfers are accurately processed and delivered to the correct bank account.

SWIFT code example

AAAA BB CC DDD

First 4 characters - AAAA: Bank code (only letters)
Next 2 characters - BB: Country code (ISO 3166-1 alpha-2, only letters)
Next 2 characters - CC: Location code (letters and digits)
Last 3 characters - DDD: Branch code (letters and digits, optional)

SWIFT codes are assigned to financial institutions by SWIFT and are used to identify the institution globally for international wire transfers and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium