SWIFT/BIC code MLCOKRS1XXX
MLCOKRS1XXX belongs to Merrill Lynch and Company Inc. in Seoul, South Korea.
Code details
| SWIFT/BIC code | MLCOKRS1XXX |
|---|---|
| 8-character code | MLCOKRS1 |
| Branch code | XXX |
| Bank | Merrill Lynch and Company Inc. |
| Branch | Head office |
| City | Seoul |
| Country | South Korea |
The way the Merrill Lynch and Company Inc. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MLCO 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 bank is behind SWIFT/BIC code MLCOKRS1XXX?
MLCOKRS1XXX identifies the main office of Merrill Lynch and Company Inc. in Seoul, South Korea. Use it when a payment to Merrill Lynch and Company Inc. does not need a specific branch.
Does Merrill Lynch and Company Inc. have only one SWIFT/BIC code?
Yes, MLCOKRS1XXX is the single SWIFT/BIC code we have for Merrill Lynch and Company Inc. in South Korea, so there is no branch code to choose.
What is the cheapest way to send money to Merrill Lynch and Company Inc. in South Korea?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in South Korea with transfer services before you send.
What do I need for a transfer to an account at Merrill Lynch and Company Inc.?
Have ready the SWIFT/BIC code MLCOKRS1XXX, the IBAN or local account number of the recipientand the name of the account holder. South Korea uses international SWIFT transfers, so the BIC is required.
What do the letters in MLCOKRS1XXX stand for?
MLCO is the bank code of Merrill Lynch and Company Inc., KR stands for South Korea, S1 is the code for the city or region and XXX marks the head office.
Is MLCOKRS1 and MLCOKRS1XXX the same code?
Yes, they are. MLCOKRS1 is the 8-character version of MLCOKRS1XXX. XXX simply means head office, so either version routes your payment to Merrill Lynch and Company Inc. in Seoul.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.