South Korea · Financial institution
Woori Bank, Seoul
Legal name in the LEI record(주) 우리은행
Woori Bank is a South Korean commercial bank with its head office at 51 Sogong-ro, Jung-gu, Seoul. It is the core banking subsidiary of Woori Financial Group, whose other members include Woori Card, Woori Investment Securities and Tongyang Life. The bank provides retail, corporate, wealth management, investment banking and foreign exchange services in Korea and through an overseas network. According to its website, it was founded in 1899 and it describes itself as Korea's first bank built on national capital.
Licences and registrations
Held by the legal entity, not by this BIC
This BIC is mapped to LEI 549300VUVMRL6RE7R376 ((주) 우리은행) in the Swift and GLEIF BIC-to-LEI file. The legal entity’s page is Woori Bank India (HVBKIN5M). None matched by LEI in the 22 tracked registers.
The Swift name for this BIC differs from the legal name in GLEIF.
Licences belong to the legal entity. Each applies in the country of the regulator that granted it, not to every BIC that carries the LEI.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- HVBKKRSEXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under HVBKKRSE directly.
- Swift GPI
- Live member
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 2 branch codes
- BIC first registered
- 1999-06-05
- Last updated
- 2020-08-22
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
100% Woori Financial Group Inc.
Institution type
Commercial bank
- Ownership
- Woori Financial Group, a holding company listed in Seoul and New York, holds 100% of the bank.
- Direct parent
- Woori Financial Group Inc., South Korea 100%
- Head office
- 51 Sogong-ro, Jung-gu, 04632 Seoul, South Korea
- Former name
- Hanvit Bank
Business lines
The bank is organised into retail, WM, institutional, corporate, IB, global and treasury and capital markets groups, and it offers KRW clearing to foreign banks through Woori Clearing System.
Online
- Websites & references
- wooribank.com ↗
wooriwcs.com ↗ Woori Clearing System (WCS), a service for financial institutions holding depository accounts with the bank
Wikidata Q494369 ↗ - Official social accounts
- Facebook ↗ · Instagram ↗ · YouTube ↗ · Naver Blog ↗ · Naver TV ↗
Sources · 12 pages consulted
- wooribank.com
- spot.wooribank.com/pot/Dream?withyou=BPBKI0047
- spot.wooribank.com/pot/Dream?withyou=BPBKI0053
- spot.wooribank.com/pot/Dream?withyou=BPBKI0085
- spot.wooribank.com/pot/Dream?withyou=bp
- sbiz.wooribank.com/biz/Dream?withyou=ENENG0287
- stocktitan.net/sec-filings/WF/6-k-woori-financial-group-inc-current-report-foreign-issuer-9f1af236d153.h
- dailybrief.co.kr/news/articleView.html?idxno=6155
- news.nate.com/view/20260522n17010
- newsis.com/view/NISX20250204_0003052148
- ohmynews.com/NWS_Web/View/at_pg.aspx?CNTN_CD=A0003053437
- koreatimes.co.kr/business/companies/20260125/woori-bank-ceo-vows-to-narrow-gap-with-larger-rivals
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Jung Jin-wan President and CEO (은행장)
- Executive
- Kim Jong-min Standing Audit Committee Member (상임감사위원)
- Executive
- Lee Jun-gu Managing Director, Anti-Money Laundering Division (상무, 자금세탁방지본부)
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- South Korea
- Financial Services Commission OtherConductResolution
- South Korea
- Financial Supervisory Service Prudential supervisorAML supervisorConduct
- South Korea
- Bank of Korea Central bank
Recent events 5 enforcement or investigation items
Researched 29 Sep 2026 · Sources
-
Enforcement
The Financial Supervisory Service issued an institutional caution and a KRW 40 million fine for breaching programme-change control rules in loan-rate systems.
dailybrief.co.kr ↗ -
Enforcement
The Financial Supervisory Service fined the bank KRW 12 million for late reporting of a jeonse-loan fraud incident of about KRW 760 million.
news.nate.com ↗ -
Enforcement
The Financial Supervisory Service issued an institutional caution for customer due diligence failures under the Specified Financial Transaction Information Act.
dailybrief.co.kr ↗ -
Investigation
The Financial Supervisory Service reported 101 improper loans totalling KRW 233.4 billion, including KRW 73 billion linked to a former group chairman's relatives.
newsis.com ↗ -
Investigation
The Financial Supervisory Service found KRW 61.6 billion lent to a former chairman's relatives, of which KRW 35 billion was deemed improper.
ohmynews.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- HVBKKRSEXXX
- How the BIC breaks down
- HVBKBank
- KRCountry · South Korea
- SELocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registers
- Country · region
- South Korea · East Asia & Pacific
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1899
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
The Woori Bank group has 13 institutions in the directory, in 13 countries: all hold a BIC.
Including Ao Woori Bank, Woori Bank (China) Limited.
See the Woori Bank group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- SOGONG- RO51 SEOUL,JUNG- GU 04632 KOREA, REPUBLIC OF
- Operational address
- WORLD CUP BUK- RO 60- GIL17 SEOUL 03921 SEOUL KOREA, REPUBLIC OF
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>HVBKKRSEXXX</BICFI>
<LEI>549300VUVMRL6RE7R376</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>HVBKKRSEXXX</BICFI>
<LEI>549300VUVMRL6RE7R376</LEI>
<Nm>WOORI BANK, SEOUL</Nm>
<PstlAdr>
<TwnNm>SEOUL</TwnNm>
<Ctry>KR</Ctry>
<AdrLine>SOGONG- RO51 SEOUL, JUNG- GU 04632</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branches and correspondent banking
All 2 branch BICs connect to the head office. They are all in Seoul, and no function or registration year splits them further. Qingdao Rural Commercial Bank Corporation (Formerly Huafeng Rural Cooperative Bank of Qingdao) publishes 2 accounts held with this bank.
- Own offices
- Respondent banks: they hold accounts here
Hover over a branch, account or group to see its details
Respondent banks
From the correspondent lists other banks publish
Qingdao Rural Commercial Bank Corporation (Formerly Huafeng Rural Cooperative Bank of Qingdao) publishes 2 accounts held with this bank, in 2 currencies.
| Currency | Respondent bank | Held at | Account | Purpose | Published in |
|---|---|---|---|---|---|
| USD | Qingdao Rural Commercial Bank Corporation (Formerly Huafeng Rural Cooperative Bank of Qingdao) China | HVBKKRSE | — | inbound USD remittances (intermediary bank) | qrcb.com.cn ↗ dated 13 Dec 2021 |
| KRW | Qingdao Rural Commercial Bank Corporation (Formerly Huafeng Rural Cooperative Bank of Qingdao) China | HVBKKRSE | — | inbound KRW remittances (intermediary bank) | qrcb.com.cn ↗ dated 13 Dec 2021 |
Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| HVBKKRSECLS | CLS OPERATION | Seoul | WORLD CUP BUK- RO 60- GIL17 SEOUL 03921 SEOUL KOREA, REPUBLIC OF | — | 2026-03-07 |
| HVBKKRSECUS | CUSTODY DEPARTMENT | Seoul | WORLD CUP BUK- RO 60- GIL17 SEOUL 03921 SEOUL KOREA, REPUBLIC OF | 549300VUVMRL6RE7R376 | 2021-02-06 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Original: Woori Bank Vector: Nahian · Public domain · Wikimedia Commons · original.
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