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SWIFT / BIC Code Details of KOREA DEVELOPMENT BANK, THE, (INTERNATIONAL DEPARTMENT) Branch
The Swift Code of Korea Development Bank, The , (international Department) Branch is KODBKRSE001
| COUNTRY NAME | SOUTH KOREA |
| COUNTRY CODE | KR |
| BANK NAME | KOREA DEVELOPMENT BANK, THE |
| BRANCH NAME | (INTERNATIONAL DEPARTMENT) |
| CITY NAME | SEOUL |
| SWIFT CODE | KODBKRSE001 (Use for international fund transfer.) |
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About Korea Development Bank, The, (international Department) Branch
General Information -
The Korea Development Bank, The , (international Department) Branch is Located in Seoul City, South Korea.
The Swift / BIC Code of Korea Development Bank, The , (international Department) is : KODBKRSE001
Breakdown of Korea Development Bank, The, (international Department) Branch SWIFT Code
K | O | D | B | K | R | S | E | 0 | 0 | 1 |
Bank Code | Country ISO Code | Location Code | Branch Code | |||||||
The first four digits (KODB) represent the bank, here it's representing Korea Development Bank, The.
Next two digits (KR) is country ISO code & here this code indicates South Korea country.
Next two digits is (SE) - is location code, it's use to identify the particular bank location.
- If the second character is "0" - then it is typically a test BIC as opposed to a BIC used on the live network.
- If the second character is "1" - then it denotes a passive participant in the SWIFT network
- If the second character is "2" - then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
Last three digits is (001) - It's an unique identifier no for the particular bank branch & here it's representing Korea Development Bank, The , (international Department) branch.
FAQ
The SWIFT / BIC Code of Korea Development Bank, The, (international Department) Branch is : KODBKRSE001
The Korea Development Bank, The , (international Department) is Located in Seoul , South Korea.
General Information About SWIFT / BIC Code
What is SWIFT/BIC Code?
SWIFT codes means Society of Worldwide Interbank Financial Telecommunication Code. The Swift/BIC code is used to identify a particular branch of a bank or financial institution & it'll help you to transfer money internationaly and executor for cross-border payments.
The length of the Swift Code is either eight or eleven digits & combination of couple of letters & numbers. The first four charecter of the swift code is bank code, next two digits is country code, next two digits is location code & last three digits is optional & it's help to identify the specific bank branch.
Financial institutions worldwide have the option to become part of SWIFT’s network. They provide messaging systems and use the latest technology to ensure safe and expedient international commerce.
What is Swift code used for?
These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.
Example: Breakdown of SWIFT/BIC Code
A | B | C | D | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
Bank Code | Country ISO Code | Location Code | Branch Code | |||||||