DAEGU BANK, LTD.,THE, SEOUL - SWIFT/BIC Code

DAEGU BANK, LTD.,THE, SEOUL - SWIFT Code Information

SWIFT Code / BIC

DAEBKR22SEL

Bank / Institution

DAEGU BANK, LTD.,THE

Address

NAEWEI BUILDING 2F, 51 EULJIRO, JUNG-GU

City

SEOUL

Postcode

100 844

Country

South Korea

Connection

Active

DAEBKR22SEL - SWIFT Code Breakdown

SWIFT Code

DAEBKR22 or DAEBKR22SEL

Bank Code

DAEB - code assigned to DAEGU BANK, LTD.,THE

Country Code

KR - code belongs to South Korea

Location & Status

22 - represents location, second digit means active code

Branch Code

SEL or not assigned, indicating this is a head office

Head Office

DAEBKR22 - primary office of DAEGU BANK, LTD.,THE, South Korea

What is a SWIFT Code DAEBKR22SEL?

A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

First 4 characters - bank code (only letters)
Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.