Payments Cut-off in Korea (KST)

Channel
Payment Type
Mon-Fri (not support during holidays)
Remarks
HSBCnet / HSBC Connect
Priority Payment
Domestic LCY Payment (Real-Time Payment)
01:00~23:00 (07:00~23:00*)
Payment instruction can be created during 01:00 ~ 23:00 but it is subject to beneficiary bank's cut-off time.
* Actual account posting time (debit/credit time) : 07:00~23:00
Domestic LCY In-house Payment (STP)
01:00 ~ 23:00
LCY in-house process is STP given that there is no particular restriction on transactions accounts.(i.e. residence status, hold, etc)
Domestic LCY In-house Payment (non-STP)
10:00 ~ 16:00
In case non-STP processing
Domestic LCY RTGS (BOK-wire)
10:00 ~ 15:30
BOK-wire is non-STP process.
FCY payments
Cross-Border 1)
Domestic 2)
via SWIFT 3)
via KFTC 4)
USD
15:30
15:00
16:00
1) Subject to supporting document review completion.
For cross-border inward payment, cut-off time is 16:00 subject to supporting document review completion and fund cover to our nostro a/c with correspondent bank.
2) For domestic payment, same cut-off applies for outward and inward payments
3) SWIFT method is non-STP.
4) KFTC method (real-time) is STP. Routing to KFTC depends on payment instruction format, beneficiary bank's cut-off time and system capability, etc.
CAD
15:25
EUR
GBP
CHF
15:00
DKK
NOK
SEK
CNY
10:00
10:00
AUD
10:30
09:50
09:50
HKD
SGD
JPY
NZD
15:00 V - 1
15:30 V-1
THB
SAR
15:30 V-2
KRW
10:30 
FCY In-house Payment
10:00 ~ 16:00
FCY in-house process is non-STP.
ACH Credit Transfer
File Level / Pre-authorization Level
- Batch Payment
- Batch run at every hour on the half hour
(06:30, 07:30, … , 21:30)
01:00~21:30
ACH FLA/Pre-auth payments are executed at batch run as scheduled.
Any human support such as enquiry or advice on payment failure are available only during business hours (9:30 – 17:30). Any issues beyond business hours will be followed up on the earliest following business day.
Instruction Level & On-Screen Input
- Batch Payment
- Twice a day : 08:30 & 15:20
15:20 V
Giro-Tax
Giro-Tax instruction + Email + Bills
18:00 (V-1)