SWIFT/BIC code KOSFKRS1XXX
KOSFKRS1XXX belongs to Korea Securities Finance Corporation (Ksfc) in Seoul, South Korea.
Code details
| SWIFT/BIC code | KOSFKRS1XXX |
|---|---|
| 8-character code | KOSFKRS1 |
| Branch code | XXX |
| Bank | Korea Securities Finance Corporation (Ksfc) |
| Branch | Head office |
| City | Seoul |
| Country | South Korea |
The way the Korea Securities Finance Corporation (Ksfc) SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- KOSF 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 is behind BIC KOSFKRS1XXX?
The code KOSFKRS1XXX belongs to the headquarters of Korea Securities Finance Corporation (Ksfc) in Seoul, South Korea. Use it when you send money to an account at Korea Securities Finance Corporation (Ksfc).
Does Korea Securities Finance Corporation (Ksfc) have a single SWIFT/BIC code?
Yes, KOSFKRS1XXX is the single SWIFT/BIC code listed for Korea Securities Finance Corporation (Ksfc) in South Korea, so you do not need to pick a branch code.
What is the best way to send money to Korea Securities Finance Corporation (Ksfc)?
Banks often add several percent 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.
What does each part of KOSFKRS1XXX mean?
KOSF is the bank code of Korea Securities Finance Corporation (Ksfc), 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 to send money to an account at Korea Securities Finance Corporation (Ksfc)?
You need the SWIFT/BIC code KOSFKRS1XXX, the IBAN or local account number of the recipient, their full name and address. South Korea is not part of SEPA, so the BIC is required.
How long does it take to send money to Korea Securities Finance Corporation (Ksfc) in South Korea?
A SWIFT payment typically takes 2–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often quicker and cheaper.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.