Free directory of all 72 correspondent bank SWIFT/BIC codes registered in SOUTH KOREA. Click any bank to view its full record and track an international SWIFT payment routed through it.
South Korea's BOK-Wire+ provides real-time settlement for KRW and is underpinned by one of the world's most advanced financial technology ecosystems, including Kakao Pay and Toss for retail payments. Kookmin Bank (KB), Shinhan, Woori, and Hana are the primary SWIFT correspondents, handling trade finance flows from the country's massive shipbuilding, semiconductor, and automotive export sectors that drive over $650 billion in annual exports.
| RTGS / Settlement System | BOK-Wire+ (Bank of Korea Financial Wire Network) |
|---|---|
| Currency | KRW — South Korean Won |
| Central Bank | Bank of Korea (BOK) |
| Typical SWIFT Timing | Same day (BOK-Wire+); 1–2 days (international) |
Most international SWIFT wires arrive in South Korea within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
South Korea processes large-value interbank settlements through BOK-Wire+. Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.
The primary settlement currency is KRW — South Korean Won. Foreign-currency wires are converted at the receiving bank's prevailing rate unless a specific currency account is held at the beneficiary institution.
Total correspondent banks indexed: 72