North Korea


The SWIFT codes you see given below are for all major banks operating in the North Korea. Remember the SWIFT codes you find here are just the active participants that are on the SWIFT network. In this list, you cannot find codes of passive participants but you can find them in North Korea Swift Code List. There are no charges for downloading North Korea banks swift codes in pdf format.





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How to Monitor Incoming Wire Transfers

How to Monitor Incoming Wire Transfers

Before coming to the actual question we need to understand how does wire transfer work. It is simple as money from one bank account is deposited into another bank account. There are thousands of banks around the world and everyday there are countless wire transfers.

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Using Federal Reference Number to Trace a Wire Transfer

Using Federal Reference Number to Trace a Wire Transfer

Keeping track of wire transfers is easy if you have a Federal Reference Number. If you wired cash to an account but the receiver didn’t receive the cash, it is natural to be worried. In this situation your bank can help you trace the wire.

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Difference between Wire Transfer & Electronic Transfer

Difference between Wire Transfer & Electronic Transfer

There are countless way used by banks and other financial institutions to transfer funds. Wire transfer and electronic transfer are commonly used by banks and financial institutions to transfer funds. Wire transfer

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SWIFT stands for Society for Worldwide Interbank Financial Telecommunication Code. You need Swift code when you are thinking about transferring money from one bank to another especially for internationally wire transfers. Swift codes have also other uses such as banks use these codes when there is an exchange of messages between them.

Normally there are eight or eleven characters in the Swift code. This is how the code is formatted.

WWWW XX YY ZZZ

This is a Swift code comprising of eleven characters. The first four characters are bank code and they are always letters. Next two characters are also letters and they are basically ISO 3166-1 alpha-2 country code. The two letter country code is assigned by International Organization for Standardization. Next comes the location code which comprises of two characters (can be numeric or alphabetic or a combination). Finally there are last three characters which denote the branch code. These characters include both letters and digits.

More than forty thousand "live" Swift codes exist currently. These live codes are mainly for the partners who are actively connected to the Swift network. In addition for manual transaction, there are more than fifty thousand codes which are mainly for the passive participants. Society for Worldwide Interbank Financial Telecommunication is responsible for handling the registration of Swift Codes. They are headquartered in Belgium.