SWIFT/BIC code NIKEKRS1XXX
NIKEKRS1XXX belongs to Nike Sports Korea Co., LTD. in Seoul, South Korea.
Code details
| SWIFT/BIC code | NIKEKRS1XXX |
|---|---|
| 8-character code | NIKEKRS1 |
| Branch code | XXX |
| Bank | Nike Sports Korea Co., LTD. |
| Branch | Head office |
| City | Seoul |
| Country | South Korea |
How the Nike Sports Korea Co., LTD. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- NIKE 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 uses SWIFT code NIKEKRS1XXX?
NIKEKRS1XXX is the SWIFT/BIC code of the main office of Nike Sports Korea Co., LTD. in Seoul, South Korea. Use it when a payment to Nike Sports Korea Co., LTD. does not need a specific branch.
How long does it take to send money to Nike Sports Korea Co., LTD.?
A SWIFT payment typically takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often faster and cheaper.
Does Nike Sports Korea Co., LTD. use only one SWIFT/BIC code?
Yes, NIKEKRS1XXX is the only SWIFT/BIC code listed for Nike Sports Korea Co., LTD. in South Korea, so there is no branch code to choose.
What do I need to send money to an account at Nike Sports Korea Co., LTD.?
Have ready the SWIFT/BIC code NIKEKRS1XXX, 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.
What does each part of NIKEKRS1XXX mean?
NIKE is the bank code of Nike Sports Korea Co., LTD., KR is the ISO code of South Korea, S1 is the location code and XXX marks the main office.
What happens if I use NIKEKRS1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check NIKEKRS1XXX with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.