BUSAN BANK, SEOUL - SWIFT/BIC Code

BUSAN BANK, SEOUL - SWIFT Code Information

SWIFT Code / BIC
PUSBKR2PINT
Bank / Institution
BUSAN BANK
Address
KUMSEKI BUILDING, FLOOR 3, 16 1-KA, ULCHI-RO, CHUNG-KU
City
SEOUL
Postcode
100 191
Country
South Korea
Connection
Active
PUSBKR2PINT - SWIFT Code Breakdown
SWIFT Code
PUSBKR2P or PUSBKR2PINT
Bank Code
PUSB - code assigned to BUSAN BANK
Country Code
KR - code belongs to South Korea
Location & Status
2P - represents location, second digit means active code
Branch Code
INT or not assigned, indicating this is a head office
Head Office
PUSBKR2P - primary office of BUSAN BANK, South Korea

What is a SWIFT Code PUSBKR2PINT?

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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