SWIFT Code DEUTKRS102P — DEUTSCHE BANK AG, PUSAN

About SWIFT Code DEUTKRS102P — DEUTSCHE BANK AG, PUSAN

SWIFT code DEUTKRS102P is the official 11-character branch-specific BIC (Bank Identifier Code) for DEUTSCHE BANK AG in PUSAN, 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 DEUTSCHE BANK AG for all outward international remittances from PUSAN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code DEUTKRS102P

The code DEUTKRS102P follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code DEUTKRS102P

Receiving International Wire Transfers

To receive money from abroad at your DEUTSCHE BANK AG account in PUSAN, share SWIFT code DEUTKRS102P 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 DEUTSCHE BANK AG, PUSAN must provide SWIFT code DEUTKRS102P. 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 DEUTSCHE BANK AG in PUSAN rely on SWIFT code DEUTKRS102P 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 DEUTSCHE BANK AG →

For cheque clearing or NACH mandates, use the MICR code for DEUTSCHE BANK AG →

For TDS challan deposits, find the BSR code for DEUTSCHE BANK AG →

How SWIFT Code DEUTKRS102P Routes an International Transfer

1. Initiation: The sender provides SWIFT code DEUTKRS102P 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 DEUTSCHE BANK AG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: DEUTSCHE BANK AG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code DEUTKRS102P

• Spaces or lowercase letters — Always enter DEUTKRS102P uppercase with no spaces.
• Using the wrong city — This code is for PUSAN 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 DEUTKRS102P directly with DEUTSCHE BANK AG's PUSAN branch or via the SWIFT BIC Directory.