SWIFT/BIC code TOYIKRS1XXX
TOYIKRS1XXX belongs to Tong Yang Investment Trust Management in Seoul, South Korea.
Code details
| SWIFT/BIC code | TOYIKRS1XXX |
|---|---|
| 8-character code | TOYIKRS1 |
| Branch code | XXX |
| Bank | Tong Yang Investment Trust Management |
| Branch | Head office |
| City | Seoul |
| Country | South Korea |
The way the Tong Yang Investment Trust Management SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TOYI 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 TOYIKRS1XXX?
TOYIKRS1XXX identifies the headquarters of Tong Yang Investment Trust Management in Seoul, South Korea. Use it when you send money to an account at Tong Yang Investment Trust Management.
What do I need for a transfer to an account at Tong Yang Investment Trust Management?
You need the SWIFT/BIC code TOYIKRS1XXX, 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 do the letters in TOYIKRS1XXX stand for?
TOYI is the bank code of Tong Yang Investment Trust Management, KR stands for South Korea, S1 is the code for the city or region and XXX means the head office.
Is TOYIKRS1 and TOYIKRS1XXX the same code?
Yes. TOYIKRS1 is the 8-character version of TOYIKRS1XXX. The XXX at the end only means head office, so either version routes your payment to Tong Yang Investment Trust Management in Seoul.
Does Tong Yang Investment Trust Management use a single SWIFT/BIC code?
Yes, TOYIKRS1XXX is the single SWIFT/BIC code listed for Tong Yang Investment Trust Management in South Korea, so you do not need to pick a branch code.
How long does a transfer to Tong Yang Investment Trust Management take?
An international SWIFT transfer usually takes 2–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often faster than a bank.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.