Bank of Korea Simplifies SWIFT Codes for Global Transfers

Bank of Korea Simplifies SWIFT Codes for Global Transfers

This article provides a detailed analysis of the Bank of Korea's SWIFT code (BOKRKRSTXXX), along with branch information and a user guide, aiming to assist readers in completing cross-border remittances smoothly. It covers methods for finding specific branch SWIFT codes, frequently asked questions, and important considerations. This serves as a practical reference for those remitting money to South Korea, offering guidance on navigating the SWIFT system and ensuring successful transactions with the Bank of Korea and its branches.

09/01/2025 International Settlement
Read More
WCO South Korea Aid Yemens Customs Reform Amid Crisis

WCO South Korea Aid Yemens Customs Reform Amid Crisis

With funding from the Korea Customs Cooperation Fund (CCF), the World Customs Organization (WCO) held a high-level seminar in Amman, Jordan, to assist Yemen Customs in transitioning from crisis response to recovery. The seminar focused on key issues such as capacity building and strategic planning. The WCO provided technical assistance and resource coordination, while Korea provided financial support. The Head of Yemen Customs expressed gratitude to the WCO and pledged to enhance trade security and competitiveness to achieve national recovery. This initiative highlights the importance of international cooperation in supporting fragile states.

01/05/2026 Customs Knowledge
Read More
WCO South Korea Boost Trade Training with Clikc Upgrade

WCO South Korea Boost Trade Training with Clikc Upgrade

The World Customs Organization (WCO), in collaboration with the Korea Customs Service (KCS), is upgrading the CLiKC! e-learning platform to enhance the capacity of customs officials worldwide to address emerging technologies and global trade trends. By developing new courses, optimizing platform technology, and expanding language support, this project will provide higher-quality training resources for customs personnel and supply chain partners. This initiative aims to promote global trade facilitation and international customs cooperation, ultimately strengthening the global customs community's ability to navigate the complexities of modern trade.

12/30/2025 Customs Knowledge
Read More
Amazon Expands in South Korea Amid Influencer Marketing Boom

Amazon Expands in South Korea Amid Influencer Marketing Boom

This article analyzes Amazon's rise in the South Korean eCommerce market, its influencer marketing strategies, and the surge in brand registrations. It also touches upon the Indonesian eCommerce landscape and TikTok's measures to protect young users. The article highlights the accelerated globalization of eCommerce, continuous innovation in marketing models, and the growing importance of corporate social responsibility. Cross-border eCommerce sellers need to closely monitor market changes and adjust their business strategies accordingly.

01/04/2026 Logistics Industry Insights
Read More
Polystar Logistics Aids Chinese Ecommerce Expansion in Japan Korea

Polystar Logistics Aids Chinese Ecommerce Expansion in Japan Korea

Baolixing is a cross-border logistics company specializing in the Japan and South Korea markets, offering dedicated line logistics, brand incubation, and compliant operations. It possesses a strong advantage in the Japan-Korea market, but its service capabilities in the European and American markets need improvement. Sellers should comprehensively evaluate whether to choose Baolixing as a partner based on their own business characteristics and needs. Consider their expertise in Asia versus other regions when making a decision.

01/07/2026 Logistics
Read More
South Korea Drives Global Growth in Online FMCG Sales

South Korea Drives Global Growth in Online FMCG Sales

The global FMCG e-commerce market is booming, with South Korea showing particularly strong growth. This report analyzes the characteristics of different regional markets, reveals changes in consumer behavior, and proposes future development trends. Understanding market specifics and consumer needs is crucial for cross-border e-commerce practitioners to formulate differentiated marketing strategies. This knowledge allows businesses to effectively target the Korean market and other regions, optimizing their approach for success in the competitive FMCG e-commerce landscape.

01/26/2026 Logistics Industry Insights
Read More
Bank of Korea Holds Rates Delays Cuts Until 2027

Bank of Korea Holds Rates Delays Cuts Until 2027

Influenced by the weak Korean Won, inflationary pressures, and real estate market risks, the Bank of Korea (BOK) is expected to hold interest rates steady, with rate cut expectations pushed back to 2027. Economists generally believe the BOK will remain patient until inflation is effectively controlled and the economy faces greater downside risks. Real estate market vulnerabilities and the depreciating Won are key constraints preventing earlier easing. The BOK's cautious approach reflects concerns about financial stability and maintaining price stability amidst global economic uncertainties.

02/04/2026 Exchange Rate Query
Read More
South Korea Eases KC Certification Rules for Coupang Sellers

South Korea Eases KC Certification Rules for Coupang Sellers

This article provides an in-depth analysis of KC Certification on the Coupang platform in South Korea, specifically targeting new sellers. It explains the concept of KC Certification, the reasons for certification exemptions for cross-border stores, and provides a clear list of exempt products. Furthermore, it offers practical advice to help sellers avoid KC Certification risks and easily expand into the Korean market.

01/04/2026 Customs Knowledge
Read More
South Korea Updates Flight Procedures for Gunsan Airport RKJK

South Korea Updates Flight Procedures for Gunsan Airport RKJK

This paper provides an in-depth analysis of the latest flight procedure chart (AD CHART 2-1) for Gunsan Airport (RKJK), South Korea. It details critical information including airport coordinates, tower frequency, runway details, ILS information, VOR/TACAN navigation aids, airport elevation, apron, taxiways, magnetic variation, runway orientation and strength, and parking stand coordinates. The aim is to assist pilots in gaining a comprehensive understanding of the airport environment, thereby enhancing flight safety and operational awareness during arrival and departure procedures at Gunsan Airport.

01/16/2026 Airport Codes
Read More