SWIFT/BIC code DAECKRS1XXX
DAECKRS1XXX belongs to Dae Yu Securities Co. LTD. in Seoul, South Korea.
Code details
| SWIFT/BIC code | DAECKRS1XXX |
|---|---|
| 8-character code | DAECKRS1 |
| Branch code | XXX |
| Bank | Dae Yu Securities Co. LTD. |
| Branch | Head office |
| City | Seoul |
| Country | South Korea |
How the Dae Yu Securities Co. LTD. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DAEC Bank code
- 4 letters that identify the bank.
- KR Country code
- 2 letters for the country (ISO 3166).
- S1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses SWIFT/BIC code DAECKRS1XXX?
DAECKRS1XXX identifies the head office of Dae Yu Securities Co. LTD. in Seoul, South Korea. It is the code to use when you send money to an account at Dae Yu Securities Co. LTD..
What does each part of DAECKRS1XXX stand for?
DAEC is the institution code of Dae Yu Securities Co. LTD., KR is the ISO code of South Korea, S1 is the location code and XXX means the head office.
Which details do I need for a transfer to an account at Dae Yu Securities Co. LTD.?
You need the SWIFT/BIC code DAECKRS1XXX, the account number or IBAN of the recipient, their full name and address. South Korea uses international SWIFT transfers, so the BIC is required.
How long does a transfer to Dae Yu Securities Co. LTD. take in South Korea?
A SWIFT payment usually takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often faster than a bank.
What is the cheapest way to send money to Dae Yu Securities Co. LTD. in South Korea?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in South Korea with specialist providers before you send – the difference can be large.
Does Dae Yu Securities Co. LTD. use only one SWIFT/BIC code?
Yes, DAECKRS1XXX is the single SWIFT/BIC code we have for Dae Yu Securities Co. LTD. in South Korea, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.