Is DAMSKRS1 a valid SWIFT code?

Yes, DAMSKRS1 is a valid 8-character SWIFT/BIC code: bank code DAMS, country KR, location S1, branch XXX. Always confirm with the receiving bank before sending a transfer.

What do I need besides the SWIFT code for an international transfer?

Typically the recipient's full name and address, their account number or IBAN, the bank's name and address, and the SWIFT/BIC code DAMSKRS1. Some countries also require a purpose-of-payment code.

DAMSKRS1 - Daishin Asset Management SWIFT Code, Seoul, South Korea

Q: What bank uses SWIFT code DAMSKRS1?

DAMSKRS1 is the SWIFT/BIC code of Daishin Asset Management located in Seoul, South Korea.

About SWIFT Code DAMSKRS1

DAMSKRS1 identifies Daishin Asset Management in Seoul, South Korea, on the international SWIFT network. The code breaks down as: bank code DAMS, country KR, location S1, and branch XXX (head office).

Use this code when receiving or sending an international wire transfer to Daishin Asset Management. You will usually also need the recipient's account number or IBAN. Learn how SWIFT codes work →

Always confirm the SWIFT code with the receiving bank before transferring money - codes can change and branch codes vary by account type.

Frequently Asked Questions

What bank uses SWIFT code DAMSKRS1?

DAMSKRS1 belongs to Daishin Asset Management in Seoul, South Korea.

Is DAMSKRS1 valid for international transfers?

Yes - it's a valid 8-character BIC. Pair it with the recipient's account number or IBAN, and confirm with the bank before wiring money.

What's the difference between an 8 and 11 character code?

8-character codes identify the bank's head office; 11-character codes add a 3-character branch identifier. If no branch code is given, "XXX" (head office) is assumed.

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