SWIFT/BIC code IBKOKRSEXXX
IBKOKRSEXXX belongs to Industrial Bank of Korea in Seoul, South Korea.
Code details
| SWIFT/BIC code | IBKOKRSEXXX |
|---|---|
| 8-character code | IBKOKRSE |
| Branch code | XXX |
| Bank | Industrial Bank of Korea |
| Branch | Head office |
| City | Seoul |
| Country | South Korea |
The way the Industrial Bank of Korea SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IBKO Bank code
- 4 letters that identify the bank.
- KR Country code
- 2 letters for the country (ISO 3166).
- SE 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 bank is behind SWIFT code IBKOKRSEXXX?
IBKOKRSEXXX is the SWIFT/BIC code of the head office of Industrial Bank of Korea in Seoul, South Korea. It is the code to use when a payment to Industrial Bank of Korea does not need a specific branch.
Are IBKOKRSE and IBKOKRSEXXX the same code?
Yes, they are. IBKOKRSE is the short version of IBKOKRSEXXX. XXX simply refers to the head office, so either version will reach Industrial Bank of Korea in Seoul.
How long does it take to send money to Industrial Bank of Korea?
A SWIFT payment usually takes 1–5 business days, because of correspondent banks and time zones. Money transfer services are often faster than a bank.
What do I need to send money to an account at Industrial Bank of Korea?
You need the SWIFT/BIC code IBKOKRSEXXX, the IBAN or local account number of the recipient, their full name and address. South Korea uses international SWIFT transfers, so always include the BIC.
What do the letters in IBKOKRSEXXX mean?
IBKO is the bank code of Industrial Bank of Korea, KR is the ISO code of South Korea, SE is the location code and XXX marks the main office.
What happens if I use IBKOKRSEXXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check IBKOKRSEXXX against the details from Industrial Bank of Korea before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.