South Korea: Book transfers in KRW

03.06.2025

Clearstream Banking1 informs clients that effective 

16 June 2025

book transfers (9X instructions) in Korean Won (KRW) between accounts flagged as eligible for Clearstream Banking’s South Korea Link for KGBs and MSBs (Depository Code 2K) will be available as below.

Note: All times in this announcement are in Central European Time (CET) unless otherwise stated.

Cash deadlines – Korean Won (KRW)

Current deadline

Transfer

30 March 2025 to 25 October 2025

Not available

New deadline

Transfer

Effective 16 June 2025 to 25 October 2025

VD 20:00

Further information

The Market Link Guide – KGBs and MSBs and Cash Timings Matrix will be updated accordingly.

For further information, clients may contact Clearstream Banking Client Services or their Relationship Officer.

------------------------------------------
1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG clients using Creation accounts), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, and registered in Register B of the Amtsgericht Frankfurt am Main, Germany, under number HRB 7500.