SWIFT/BIC code KODBKRSE001
KODBKRSE001 belongs to Korea Development Bank, The in Seoul, South Korea.
Code details
| SWIFT/BIC code | KODBKRSE001 |
|---|---|
| 8-character code | KODBKRSE |
| Branch code | 001 |
| Bank | Korea Development Bank, The |
| Branch | International Department |
| City | Seoul |
| Country | South Korea |
The way the Korea Development Bank, The SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- KODB 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.
- 001 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 KODBKRSE001?
KODBKRSE001 identifies International Department, a branch or department of Korea Development Bank, The in Seoul, South Korea. Use this branch code only when the account is held at this specific branch.
How long does it take to send money to Korea Development Bank, The in South Korea?
A SWIFT payment usually takes 2–5 business days, because of intermediary banks and cut-off times. Money transfer services are often quicker than a bank.
What do the letters in KODBKRSE001 mean?
KODB is the institution code of Korea Development Bank, The, KR stands for South Korea, SE is the code for the city or region and 001 identifies the branch International Department.
What do I need for a transfer to an account at Korea Development Bank, The?
Have ready the SWIFT/BIC code KODBKRSE001, 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 happens if I use KODBKRSE001 with a typo?
The payment may be delayed, returned or charged extra fees. Double-check KODBKRSE001 with the recipient before sending.
What is the best way to send money to Korea Development Bank, The in South Korea?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in South Korea with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.