SWIFT Code KCGCKRSE — CONSTRUCTION GUARANTEE COOPERATIVE, SEOUL

About SWIFT Code KCGCKRSE — CONSTRUCTION GUARANTEE COOPERATIVE, SEOUL

SWIFT code KCGCKRSE is the official 8-character head-office BIC (Bank Identifier Code) for CONSTRUCTION GUARANTEE COOPERATIVE in SEOUL, South Korea. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by CONSTRUCTION GUARANTEE COOPERATIVE for all outward international remittances from SEOUL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code KCGCKRSE

The code KCGCKRSE follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code KCGCKRSE

Receiving International Wire Transfers

To receive money from abroad at your CONSTRUCTION GUARANTEE COOPERATIVE account in SEOUL, share SWIFT code KCGCKRSE with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at CONSTRUCTION GUARANTEE COOPERATIVE, SEOUL must provide SWIFT code KCGCKRSE. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using CONSTRUCTION GUARANTEE COOPERATIVE in SEOUL rely on SWIFT code KCGCKRSE for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for CONSTRUCTION GUARANTEE COOPERATIVE →

For cheque clearing or NACH mandates, use the MICR code for CONSTRUCTION GUARANTEE COOPERATIVE →

For TDS challan deposits, find the BSR code for CONSTRUCTION GUARANTEE COOPERATIVE →

How SWIFT Code KCGCKRSE Routes an International Transfer

1. Initiation: The sender provides SWIFT code KCGCKRSE and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to CONSTRUCTION GUARANTEE COOPERATIVE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CONSTRUCTION GUARANTEE COOPERATIVE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code KCGCKRSE

• Spaces or lowercase letters — Always enter KCGCKRSE uppercase with no spaces.
• Using the wrong city — This code is for SEOUL only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within South Korea.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm KCGCKRSE directly with CONSTRUCTION GUARANTEE COOPERATIVE's SEOUL branch or via the SWIFT BIC Directory.