SWIFT/BIC code KSDCKRSEKDR
KSDCKRSEKDR belongs to Korea Securities Depository in Seoul, South Korea.
Code details
| SWIFT/BIC code | KSDCKRSEKDR |
|---|---|
| 8-character code | KSDCKRSE |
| Branch code | KDR |
| Bank | Korea Securities Depository |
| Branch | Kdr Team |
| City | Seoul |
| Country | South Korea |
How the Korea Securities Depository SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- KSDC 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.
- KDR 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 uses BIC KSDCKRSEKDR?
KSDCKRSEKDR is the SWIFT/BIC code of Kdr Team, part of Korea Securities Depository in Seoul, South Korea. Use this branch code only when the account is held at this specific branch.
Which details do I need for a transfer to an account at Korea Securities Depository?
You need the SWIFT/BIC code KSDCKRSEKDR, the account number or IBAN 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 Depository in South Korea?
An international SWIFT transfer usually takes 2–5 business days, depending on intermediary banks and cut-off times. Specialist transfer services are often quicker and cheaper.
What do the letters in KSDCKRSEKDR stand for?
KSDC is the bank code of Korea Securities Depository, KR stands for South Korea, SE is the location code and KDR identifies the branch Kdr Team.
What happens if I use KSDCKRSEKDR with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check KSDCKRSEKDR with the recipient before sending.
Can I use KSDCKRSE instead of KSDCKRSEKDR?
KSDCKRSE is the head office of Korea Securities Depository, while KSDCKRSEKDR points to Kdr Team. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention KSDCKRSEKDR.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.