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ABN AMRO

Country-specific guidelines South Korea

 

Country code

KR

Currency

KRW (Won)

Beneficiary bank details

For a payment to a bank in South Korea, a Bank Identification Code (BIC) is required. This is also known as a SWIFT address.

Beneficiary details

An account number in South Korea does not have a fixed format, the number of digits is different for each bank in South Korea.

Cost

These international transfers are subject to private transfer fees and business transfer fees . If you choose for the OUR option, the beneficiary will not be charged anything by their bank. ABN AMRO Bank charges an OUR fee for this.

Processing time

Do you want to know when the money will be in the beneficiary's account? Then check what the processing times for payments are. And for more details per currency type, check out this overview .