SWIFT/BIC code DAMSKRS1XXX
DAMSKRS1XXX belongs to Daishin Asset Management in Seoul, South Korea.
Code details
| SWIFT/BIC code | DAMSKRS1XXX |
|---|---|
| 8-character code | DAMSKRS1 |
| Branch code | XXX |
| Bank | Daishin Asset Management |
| Branch | Head office |
| City | Seoul |
| Country | South Korea |
How the Daishin Asset Management SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DAMS 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
Which institution uses SWIFT code DAMSKRS1XXX?
DAMSKRS1XXX identifies the headquarters of Daishin Asset Management in Seoul, South Korea. It is the code to use when you send money to an account at Daishin Asset Management.
Are DAMSKRS1 and DAMSKRS1XXX the same code?
Yes. DAMSKRS1 is the short version of DAMSKRS1XXX. The XXX at the end only means head office, so either version will reach Daishin Asset Management in Seoul.
What is the best way to send money to Daishin Asset Management in South Korea?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in South Korea with transfer services before you send.
How long does a transfer to Daishin Asset Management take?
An international SWIFT transfer usually takes 1–5 business days, because of intermediary banks and cut-off times. Money transfer services are often faster than a bank.
What do the letters in DAMSKRS1XXX mean?
DAMS is the bank code of Daishin Asset Management, KR is the ISO code of South Korea, S1 is the code for the city or region and XXX means the main office.
Which details do I need for a transfer to an account at Daishin Asset Management?
Have ready the SWIFT/BIC code DAMSKRS1XXX, the IBAN or local account number of the recipientand the name of the account holder. South Korea uses international SWIFT transfers, so the BIC is required.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.