All SWIFT codes in South Korea

SWIFT / BIC

SWIFT/BIC code of Samsung Welstory Incorporated

SWEIKRSE · South Korea

BIC, 8 charactersSWEIKRSEXXX
BIC, 8 characters
SWEIKRSE
BIC, 11 characters
SWEIKRSEXXX
Country
South Korea
Address
Bundang- GU Gumi- RO8 Seongnam 13638 Korea, Republic of

Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.

How to use SWEIKRSE for a transfer

Give the sender two things: the BIC SWEIKRSE (or SWEIKRSEXXX if the form asks for 11 characters) and your account number at Samsung Welstory Incorporated. In South Korea the account number is the local one shown on the statement. Check both on your bank statement before sending a large amount: a wrong code delays the transfer or sends it back with fees.

The BIC (Business Identifier Code), commonly called SWIFT code, identifies a bank or institution in international payments. It has 8 or 11 characters: 4 letters for the institution, 2 for the country, 2 for the location, and an optional 3 for the branch. XXX, or no branch code at all, means the head office.

Questions

What is the SWIFT code of Samsung Welstory Incorporated?

The SWIFT/BIC code of Samsung Welstory Incorporated is SWEIKRSE. In the 11-character form it is SWEIKRSEXXX, where XXX stands for the head office.

Is SWEIKRSE a SWIFT code or a BIC?

Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. SWEIKRSE is the same code under either name.

Do I also need the IBAN to receive money at Samsung Welstory Incorporated?

South Korea does not use the IBAN: give the BIC together with the local account number as shown on the statement.

Can I receive international transfers with iSwiss Pay?

Yes. The iSwiss Pay euro, US dollar and pound accounts each come with their own coordinates, including the BIC where applicable, and receive SWIFT and local transfers.

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