SWIFT Code YMBKKR2P — YAMAGUCHI BANK, LTD., THE, BUSAN BRANCH, PUSAN

About SWIFT Code YMBKKR2P — YAMAGUCHI BANK, LTD., THE, BUSAN BRANCH, PUSAN

SWIFT code YMBKKR2P is the official 8-character head-office BIC (Bank Identifier Code) for YAMAGUCHI BANK, LTD., THE, BUSAN BRANCH 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 YAMAGUCHI BANK, LTD., THE, BUSAN BRANCH 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 YMBKKR2P

The code YMBKKR2P follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code YMBKKR2P

Receiving International Wire Transfers

To receive money from abroad at your YAMAGUCHI BANK, LTD., THE, BUSAN BRANCH account in PUSAN, share SWIFT code YMBKKR2P 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 YAMAGUCHI BANK, LTD., THE, BUSAN BRANCH, PUSAN must provide SWIFT code YMBKKR2P. 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 YAMAGUCHI BANK, LTD., THE, BUSAN BRANCH in PUSAN rely on SWIFT code YMBKKR2P 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 YAMAGUCHI BANK, LTD., THE, BUSAN BRANCH →

For cheque clearing or NACH mandates, use the MICR code for YAMAGUCHI BANK, LTD., THE, BUSAN BRANCH →

For TDS challan deposits, find the BSR code for YAMAGUCHI BANK, LTD., THE, BUSAN BRANCH →

How SWIFT Code YMBKKR2P Routes an International Transfer

1. Initiation: The sender provides SWIFT code YMBKKR2P 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 YAMAGUCHI BANK, LTD., THE, BUSAN BRANCH.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: YAMAGUCHI BANK, LTD., THE, BUSAN BRANCH receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code YMBKKR2P

• Spaces or lowercase letters — Always enter YMBKKR2P 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 YMBKKR2P directly with YAMAGUCHI BANK, LTD., THE, BUSAN BRANCH's PUSAN branch or via the SWIFT BIC Directory.