Those transfer interfaces that require an 11 digit code would enter NEDSZAJJXXX.
The BIC is required to be included in all messages between the banks using the Swift network. This is with a view to ensuring entity data is consistent across the MiFID compliant landscape and the regulator is able to identify each firm correctly.
Not having it handy meant the funds transfer was delayed. The SWIFT code for its primary office is DABADKKK:
DABA identifies Danske Bank
DK is the country code for Denmark
KK is the code for Copenhagen.
The codes can sometimes be found on account statements.
| Country | City | Bank Name | Branch | SWIFT |
|---|---|---|---|---|
| Korea Republic of | Seoul | Daishin Securities CO LTD | Daishin Securities CO LTD | SECDKRS1XXX |