SWIFT/BIC code KCBKKPP1XXX
KCBKKPP1XXX belongs to Koryo Commercial Bank LTD. in Pyongyang, North Korea.
Code details
| SWIFT/BIC code | KCBKKPP1XXX |
|---|---|
| 8-character code | KCBKKPP1 |
| Branch code | XXX |
| Bank | Koryo Commercial Bank LTD. |
| Branch | Head office |
| City | Pyongyang |
| Country | North Korea |
The way the Koryo Commercial Bank LTD. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- KCBK Bank code
- 4 letters that identify the bank.
- KP Country code
- 2 letters for the country (ISO 3166).
- P1 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 BIC KCBKKPP1XXX?
The code KCBKKPP1XXX belongs to the main office of Koryo Commercial Bank LTD. in Pyongyang, North Korea. It is the code to use when you send money to an account at Koryo Commercial Bank LTD..
Is KCBKKPP1 and KCBKKPP1XXX the same code?
Yes. KCBKKPP1 is the 8-character version of KCBKKPP1XXX. XXX simply refers to the head office, so either version will reach Koryo Commercial Bank LTD. in Pyongyang.
What is the best way to send money to Koryo Commercial Bank LTD.?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in North Korea with specialist providers before you send.
What happens if I use KCBKKPP1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check KCBKKPP1XXX against the details from Koryo Commercial Bank LTD. before sending.
What does each part of KCBKKPP1XXX stand for?
KCBK is the institution code of Koryo Commercial Bank LTD., KP is the ISO code of North Korea, P1 is the location code and XXX marks the head office.
What do I need to send money to an account at Koryo Commercial Bank LTD.?
Have ready the SWIFT/BIC code KCBKKPP1XXX, the account number or IBAN of the recipientand the name of the account holder. North Korea is not part of SEPA, 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.