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
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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
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Coupang Dominates South Koreas Ecommerce Market

Coupang Dominates South Koreas Ecommerce Market

Coupang, a leading e-commerce platform in South Korea, has rapidly grown thanks to innovative services like "Rocket Delivery." In 2021, its revenue reached $18.4 billion with over 17.94 million active users. Coupang is building a comprehensive platform through diversified business ventures, and its recent stock surge reflects market confidence in its future. Despite competition and profitability challenges, Coupang possesses significant growth potential within the South Korean e-commerce market.

01/04/2026 Logistics Industry Insights
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Gunsan Port Rises As Key East Asian Trade Hub

Gunsan Port Rises As Key East Asian Trade Hub

Gunsan Port, as the fourth largest port in South Korea, boasts an excellent geographic location and natural harbor conditions. Its multimodal transport network and route layout are driving its transformation into a vital hub for East Asian trade, providing more efficient logistics solutions for import and export businesses.

05/12/2025 Port Encyclopedia
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South Koreas G314 Airport Expands Flight Services

South Koreas G314 Airport Expands Flight Services

G314 Airport, located in South Korea, is a small airport offering basic flight services. It has a runway that is 1,900 feet long and operates on ACC FCC LEE frequency. Although it does not provide METAR weather data, the airport remains committed to improving the quality of aviation services.

09/12/2025 Airport Codes
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Interpretation of Tariff Preferences Under China-south Korea and China-australia Free Trade Agreements by the General Administration of Customs

Interpretation of Tariff Preferences Under China-south Korea and China-australia Free Trade Agreements by the General Administration of Customs

This paper elaborates on how to enjoy tariff preferences under the China-South Korea and China-Australia Free Trade Agreements. It outlines the processes for querying agreement information and applying for certificates of origin, and provides consultation channels for any issues encountered, offering practical reference for importers and exporters.

07/21/2025 Logistics
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South Korean Shipping Companies Tackle Challenges: The Competitive Path of Large Container Ships

South Korean Shipping Companies Tackle Challenges: The Competitive Path of Large Container Ships

As competition intensifies in the global shipping market, South Korean shipping companies urgently need to acquire ultra-large container ships to reduce costs and enhance their market competitiveness. However, liquidity issues and financing difficulties complicate this goal. Additionally, overcapacity in the industry and falling freight rates pose challenges to profitability. Regulatory authorities oppose the merger of two companies, citing potential negative impacts on the overall economy. In the future, businesses must find a breakthrough between new ship investments and market adaptation, with hopes for a recovery.

07/21/2025 Logistics
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Helicopter Airport N 221 Reports Key Operational Data Insights

Helicopter Airport N 221 Reports Key Operational Data Insights

N 221 Helipad is located in South Korea and provides essential information for helicopter operations. Although METAR weather data is not available yet, NOTAM information can be accessed. There are currently no user reviews for the helipad, and travelers should pay attention to flight safety measures and risk alerts when planning their visit.

09/15/2025 Airport Codes
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