KFTCKRS1 is the SWIFT/BIC code for Korea Financial Telecommunications And Clearing Institute in Seoul, South Korea. Check the bank name, city, branch and address before sending an international wire transfer.
KFTCKRS1 is a SWIFT/BIC code entry for Korea Financial Telecommunications And Clearing Institute in South Korea. This bank code helps international payment networks identify the receiving bank, country, location and branch before funds are routed.
Use KFTCKRS1 when a transfer instruction points to Korea Financial Telecommunications And Clearing Institute in Seoul, South Korea or a branch handled through this code.
KFTCKRS1 is a SWIFT/BIC code entry for Korea Financial Telecommunications And Clearing Institute in South Korea. This bank code helps international payment networks identify the receiving bank, country, location and branch before funds are routed.
KFTCKRS1
BIC and SWIFT code usually describe the same routing identifier.
KFTC identifies KOREA FINANCIAL TELECOMMUNICATIONS AND CLEARING INSTITUTE.
Most international transfers require more than one field. The SWIFT/BIC code works together with recipient account details, bank address and payment purpose.
| Transfer field | Example for this page | Why it matters |
|---|---|---|
| SWIFT / BIC Code | KFTCKRS1 | Routes the international payment to the correct receiving bank or branch. |
| Bank name | KOREA FINANCIAL TELECOMMUNICATIONS AND CLEARING INSTITUTE | Confirms the institution named in the transfer instruction. |
| City | SEOUL | Helps distinguish one branch location from another. |
| Branch | Head office | Identifies the final branch after the bank receives the payment. |
Understanding each segment helps users confirm whether the code points to the right bank, country, location and branch.
| Segment | Meaning | What it identifies |
|---|---|---|
| KFTC | Bank code | KOREA FINANCIAL TELECOMMUNICATIONS AND CLEARING INSTITUTE |
| KR | Country code | South Korea |
| S1 | Location code | SEOUL |
| Branch code | Head office |
Nearby entries from the same bank help users choose the correct city or branch before making a transfer.
| SWIFT/BIC | City | Branch | Details |
|---|---|---|---|
| KFTCKRS1XXX | SEOUL | Head office | View details |
Search phrases users often use before choosing the exact SWIFT/BIC record.
SWIFT / BIC Code
Bank name
Country
City / Branch
Quick answers for users who arrive from SWIFT code, BIC code or international wire transfer searches.
KFTCKRS1 is a 8-character SWIFT/BIC code. Match it with the receiving bank instruction before sending money.
Large banks may use different branch codes by city, branch or payment-processing center. Compare the city and branch fields carefully.
Disclaimer: SWIFT/BIC information is provided for reference only. Always verify transfer details with the receiving bank before making an international payment.