SWIFT/BIC code TYAMKRS1XXX
TYAMKRS1XXX belongs to Tong Yang Asset Management Corp. in Seoul, South Korea.
Code details
| SWIFT/BIC code | TYAMKRS1XXX |
|---|---|
| 8-character code | TYAMKRS1 |
| Branch code | XXX |
| Bank | Tong Yang Asset Management Corp. |
| Branch | Head office |
| City | Seoul |
| Country | South Korea |
The way the Tong Yang Asset Management Corp. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TYAM 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
What bank uses BIC TYAMKRS1XXX?
TYAMKRS1XXX identifies the headquarters of Tong Yang Asset Management Corp. in Seoul, South Korea. Use it when a payment to Tong Yang Asset Management Corp. does not need a specific branch.
What happens if I use TYAMKRS1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check TYAMKRS1XXX with the recipient before sending.
Does Tong Yang Asset Management Corp. have a single SWIFT/BIC code?
Yes – TYAMKRS1XXX is the only SWIFT/BIC code listed for Tong Yang Asset Management Corp. in South Korea, so there is no branch code to choose.
What is the cheapest way to send money to Tong Yang Asset Management Corp.?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in South Korea with transfer services before you send – the difference can be large.
How long does a transfer to Tong Yang Asset Management Corp. take in South Korea?
An international SWIFT transfer usually takes 2–5 business days, depending on correspondent banks and time zones. Money transfer services are often faster than a bank.
What does each part of TYAMKRS1XXX mean?
TYAM is the institution code of Tong Yang Asset Management Corp., KR is the ISO code of South Korea, S1 is the location code and XXX marks the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.