ENGINEERING GUARANTEE INSURANCE
Description
SWIFT/BIC Codes Details
SWIFT Code Breakdown
Code Structure
Bank Code
First 4 characters
Unique identifier for ENGINEERING GUARANTEE INSURANCE
Country Code
Characters 5-6
ISO 3166-1 alpha-2 country code
Korea (Republic of)
Location Code
Characters 7-8
City or geographical location code
Branch Code
Optional - Not specified
No branch code specified - refers to head office
About SWIFT/BIC Codes
SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes are used to identify banks and financial institutions globally.
BIC (Bank Identifier Code) is another name for the same code format.
These codes can be either 8 or 11 characters long:
- 8 characters: Refers to the primary office of the bank
- 11 characters: Refers to a specific branch of the bank
Bank Verification
- Verify SWIFT/BIC code format: 8-11 alphanumeric characters
- Check bank name and address against official SWIFT directory
- Validate that the bank is an active SWIFT participant
- Confirm the bank offers international wire transfer services
- Verify any branch or location codes are correct
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Official Sources
Society for Worldwide Interbank Financial Telecommunication
Official SWIFT Business Identifier Codes directory
Global financial messaging network operator
International Organization for Standardization
International standard for Business Identifier Codes
International standard for bank identification
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Dive deeper with our comprehensive developer guides for SWIFT/BIC Codes
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