SWIFT/BIC code NACIKRS1XXX
NACIKRS1XXX belongs to Nacfca Itmc in Seoul, South Korea.
Code details
| SWIFT/BIC code | NACIKRS1XXX |
|---|---|
| 8-character code | NACIKRS1 |
| Branch code | XXX |
| Bank | Nacfca Itmc |
| Branch | Head office |
| City | Seoul |
| Country | South Korea |
How the Nacfca Itmc SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- NACI 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 BIC NACIKRS1XXX?
NACIKRS1XXX identifies the head office of Nacfca Itmc in Seoul, South Korea. It is the code to use when you send money to an account at Nacfca Itmc.
What is the cheapest way to send money to Nacfca Itmc in South Korea?
Many banks add several percent to the exchange rate on top of a fee. Check what you receive in South Korea with specialist providers before you send.
How long does a transfer to Nacfca Itmc take?
A SWIFT payment typically takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often quicker than a bank.
What do the letters in NACIKRS1XXX stand for?
NACI is the bank code of Nacfca Itmc, KR is the ISO code of South Korea, S1 is the code for the city or region and XXX means the head office.
What do I need for a transfer to an account at Nacfca Itmc?
Have ready the SWIFT/BIC code NACIKRS1XXX, the IBAN or local account number of the recipientand the name of the account holder. South Korea is not part of SEPA, so always include the BIC.
Is NACIKRS1 and NACIKRS1XXX the same code?
Yes, they are. NACIKRS1 is the 8-character version of NACIKRS1XXX. The XXX at the end only refers to the head office, so either version routes your payment to Nacfca Itmc in Seoul.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.