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AC01

Incorrect Account Number

수취인의 IBAN 또는 계좌번호가 유효하지 않거나 수취은행에 존재하지 않습니다.

AC01 is the most common SWIFT reject code. It means the account number provided (usually an IBAN) either fails the check-digit validation or does not match any account at the beneficiary bank.

Most AC01 rejections are caused by a single transposed digit in the IBAN. The IBAN check-digit algorithm catches many of these before the payment even leaves the bank — but not all errors are caught at entry.

Funds are returned within 2–5 business days. Get the correct IBAN directly from the beneficiary's bank statement or account-opening letter before resending.

How to fix AC01

수취인의 은행 명세서에서 올바른 IBAN을 받아 확인 후 재전송하세요.

Track your payment by UETR — free on Ohmyfin: SWIFT 추적기

→ Full AC01 reference (English)