INDUSTRIAL BANK OF KOREA, MANILA BRANCH, MANILA - SWIFT/BIC Code

INDUSTRIAL BANK OF KOREA, MANILA BRANCH, MANILA - SWIFT Code Information

SWIFT Code / BIC
IBKOPHMM
Bank / Institution
INDUSTRIAL BANK OF KOREA, MANILA BRANCH
Address
ONE WORLD PLACE 8, BONIFACIO GLOBAL CITY 32
City
MANILA
Postcode
1634
Country
Philippines
Connection
Active
IBKOPHMM - SWIFT Code Breakdown
SWIFT Code
IBKOPHMM or IBKOPHMMXXX
Bank Code
IBKO - code assigned to INDUSTRIAL BANK OF KOREA, MANILA BRANCH
Country Code
PH - code belongs to Philippines
Location & Status
MM - represents location, second digit means active code
Branch Code
XXX or not assigned, indicating this is a head office

What is a SWIFT Code IBKOPHMM?

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.

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