SWIFT Code MACQKRSE — MACQUARIE BANK LIMITED, SEOUL BRANCH, SEOUL

About SWIFT Code MACQKRSE — MACQUARIE BANK LIMITED, SEOUL BRANCH, SEOUL

SWIFT code MACQKRSE is the official 8-character head-office BIC (Bank Identifier Code) for MACQUARIE BANK LIMITED, SEOUL BRANCH 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 MACQUARIE BANK LIMITED, SEOUL BRANCH 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 MACQKRSE

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

When to Use SWIFT Code MACQKRSE

Receiving International Wire Transfers

To receive money from abroad at your MACQUARIE BANK LIMITED, SEOUL BRANCH account in SEOUL, share SWIFT code MACQKRSE 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 MACQUARIE BANK LIMITED, SEOUL BRANCH, SEOUL must provide SWIFT code MACQKRSE. 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 MACQUARIE BANK LIMITED, SEOUL BRANCH in SEOUL rely on SWIFT code MACQKRSE 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 MACQUARIE BANK LIMITED, SEOUL BRANCH →

For cheque clearing or NACH mandates, use the MICR code for MACQUARIE BANK LIMITED, SEOUL BRANCH →

For TDS challan deposits, find the BSR code for MACQUARIE BANK LIMITED, SEOUL BRANCH →

How SWIFT Code MACQKRSE Routes an International Transfer

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

Common Mistakes When Using SWIFT Code MACQKRSE

• Spaces or lowercase letters — Always enter MACQKRSE 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 MACQKRSE directly with MACQUARIE BANK LIMITED, SEOUL BRANCH's SEOUL branch or via the SWIFT BIC Directory.