Track KRW (South Korean Won) International Payments
South Korean Won (KRW) is the currency of South Korea, issued by the Bank of Korea. Track any KRW cross-border SWIFT payment free with Ohmyfin — paste your UETR or bank reference to see the live status.
Details
KRW is restricted; most cross-border "KRW" wires settle in USD with FX. Domestic KRW settles via BOK-Wire+.
Typical processing time: 2-3 business days due to FX and reporting.
On a SWIFT MT103, the KRW amount appears in field 32A together with the value date. The currency code is part of the ISO 4217 standard, so "KRW" means the same thing in every bank in the world.
If your KRW payment is missing or stuck, the most common reasons are correspondent-bank cut-off times, sanctions screening on the beneficiary or originator, or a missing field on the MT103 (purpose-of-payment, beneficiary address). Ohmyfin shows you exactly where the payment is in the chain.
Quick facts
| ISO 4217 code | KRW |
|---|---|
| Full name | South Korean Won |
| Country / region | South Korea |
| Central bank | Bank of Korea |
| Typical SWIFT speed | 2-3 business days due to FX and reporting. |
Key facts
- ISO 4217 code: KRW
- Issued by: Bank of Korea
- Country / region: South Korea
- Typical SWIFT speed: 2-3 business days due to FX and reporting.
- Tracked free on Ohmyfin via UETR or bank reference
Frequently asked questions
How long does a KRW SWIFT payment take?
2-3 business days due to FX and reporting.
Can Ohmyfin track KRW payments?
Yes — paste your UETR or MT103 reference and Ohmyfin returns the latest available SWIFT status of any KRW payment, including which correspondent bank holds it.
What do I need to send a KRW payment?
The beneficiary IBAN or account number, the beneficiary bank BIC (SWIFT code), and the beneficiary name and address. For larger amounts, a purpose-of-payment code is usually required.
Related guides
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