SWIFT/BIC code SSISKRS1MGT
SSISKRS1MGT belongs to Shinhan Investment Corp. in Seoul, South Korea.
Code details
| SWIFT/BIC code | SSISKRS1MGT |
|---|---|
| 8-character code | SSISKRS1 |
| Branch code | MGT |
| Bank | Shinhan Investment Corp. |
| Branch | Management |
| City | Seoul |
| Country | South Korea |
How the Shinhan Investment Corp. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SSIS 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.
- MGT 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
What bank is behind BIC SSISKRS1MGT?
SSISKRS1MGT is the SWIFT/BIC code of Management, part of Shinhan Investment Corp. in Seoul, South Korea. Only use it if the account is held at this specific branch.
What happens if I use SSISKRS1MGT with a typo?
The payment may be delayed, returned or charged extra fees. Always check SSISKRS1MGT with the recipient before sending.
What does each part of SSISKRS1MGT stand for?
SSIS is the bank code of Shinhan Investment Corp., KR stands for South Korea, S1 is the code for the city or region and MGT is the code of the department Management.
What is the cheapest way to send money to Shinhan Investment Corp.?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in South Korea with transfer services before you send.
How long does a transfer to Shinhan Investment Corp. take?
A SWIFT payment usually takes 1–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often faster than a bank.
Can I use SSISKRS1 instead of SSISKRS1MGT?
SSISKRS1 points to the head office of Shinhan Investment Corp., while SSISKRS1MGT is Management. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention SSISKRS1MGT.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.