Is NACEKRS1 a valid SWIFT code?

Yes. NACEKRS1 has the right format and is in our directory for NATIONAL AGRICULTURAL COOPERATIVE FEDERATION, SEOUL. Confirm with the beneficiary that it is the bank that holds their account.

What is the difference between NACEKRS1 and NACEKRS1XXX?

None. NACEKRS1 is the 8-character form of NACEKRS1XXX; XXX at the end means the head office. Either works.

SWIFT/BIC · South Korea

NACEKRS1

NATIONAL AGRICULTURAL COOPERATIVE FEDERATION · Head office · SEOUL

Code details

SWIFT/BIC: NACEKRS1 (NACEKRS1XXX)
Institution: NATIONAL AGRICULTURAL COOPERATIVE FEDERATION
Office: Head office
Branch code: XXX · head office
Address: 16, SAEMUNAN-RO, JUNG-GU, SEOUL, NATINAL AGRICULTURAL COOPERATIVE FEDERATION, 04516 SEOUL
City: SEOUL
Country: South Korea

What NACEKRS1 means

NACEKRS1XXX

NACEBank code
Four letters chosen by the institution.
KRCountry code
South Korea (ISO 3166)
S1Location code
Where the institution sits on the SWIFT network. A 1 in second place marks a passive participant.
XXXBranch code
XXX, or nothing at all, means the head office.

Paying an account at this bank

South Korea does not use IBAN: send the beneficiary’s local account number with this code. Check an IBAN →

Questions

Is NACEKRS1 a valid SWIFT code?: Yes. NACEKRS1 has the right format and is in our directory for NATIONAL AGRICULTURAL COOPERATIVE FEDERATION, SEOUL. Confirm with the beneficiary that it is the bank that holds their account.
What is the difference between NACEKRS1 and NACEKRS1XXX?: None. NACEKRS1 is the 8-character form of NACEKRS1XXX; XXX at the end means the head office. Either works.

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About this data

Codes are checked against our directory of banks on TrillioniPay corridors. Always confirm the code with the beneficiary’s bank before sending a payment. Last updated: 23 September 2026.

Institution names and addresses: Global Legal Entity Identifier Foundation (GLEIF) LEI data, available under CC0. The address is the legal entity’s registered or head-office address, which can differ from the office SWIFT lists.

SWIFT © and database rights August 2026. All rights reserved. This Mapping Table has been developed by SWIFT. Any use of the Mapping Table, in whole or in part, is subject to the BIC/LEI Mapping Table License Agreement as published with the Mapping Table available on GLEIF's website. The Mapping Table is updated monthly. For the latest BIC information and updates, always refer to www.swift.com/bic .