SWIFT Code LDFSKRSE — HOTEL LOTTE CO.,LTD. (DUTY FREE), SEOUL

About SWIFT Code LDFSKRSE — HOTEL LOTTE CO.,LTD. (DUTY FREE), SEOUL

SWIFT code LDFSKRSE is the official 8-character head-office BIC (Bank Identifier Code) for HOTEL LOTTE CO.,LTD. (DUTY FREE) 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 HOTEL LOTTE CO.,LTD. (DUTY FREE) 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 LDFSKRSE

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

When to Use SWIFT Code LDFSKRSE

Receiving International Wire Transfers

To receive money from abroad at your HOTEL LOTTE CO.,LTD. (DUTY FREE) account in SEOUL, share SWIFT code LDFSKRSE 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 HOTEL LOTTE CO.,LTD. (DUTY FREE), SEOUL must provide SWIFT code LDFSKRSE. 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 HOTEL LOTTE CO.,LTD. (DUTY FREE) in SEOUL rely on SWIFT code LDFSKRSE 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 HOTEL LOTTE CO.,LTD. (DUTY FREE) →

For cheque clearing or NACH mandates, use the MICR code for HOTEL LOTTE CO.,LTD. (DUTY FREE) →

For TDS challan deposits, find the BSR code for HOTEL LOTTE CO.,LTD. (DUTY FREE) →

How SWIFT Code LDFSKRSE Routes an International Transfer

1. Initiation: The sender provides SWIFT code LDFSKRSE 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 HOTEL LOTTE CO.,LTD. (DUTY FREE).
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: HOTEL LOTTE CO.,LTD. (DUTY FREE) receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code LDFSKRSE

• Spaces or lowercase letters — Always enter LDFSKRSE 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 LDFSKRSE directly with HOTEL LOTTE CO.,LTD. (DUTY FREE)'s SEOUL branch or via the SWIFT BIC Directory.