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BOK-Wire+

Hybrid

Bank of Korea Financial Wire Network - South Korea's hybrid RTGS system (RTGS + bilateral/multilateral netting). Operated by BOK. Settles high-value KRW transfers and net obligations from KFTC-operated retail systems (EBS, Giro, check clearing). Upgraded from BOK-Wire in 2009.

NowHours: computing from the published schedule…Service condition: not monitored details

ClearingPost does not assess whether BOK-Wire+ is running normally.

Next

Dated items ClearingPost holds, each with its source and whether the date is confirmed

No supported upcoming items in ClearingPost's records for BOK-Wire+.

ClearingPost holds sourced upcoming items for 10 of 150 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.

Changed

Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such

No substantive change recorded for BOK-Wire+ in ClearingPost's change records.

The full activity log for this system, including context notes, is on the Changes page.

Sources No status page recorded · 9 of 12 fields carry a source and a recorded date · latest sourced entry recorded 2 Jul 2026 · evidence details ↓

Record · BOK-Wire+

Country
South Korea (KR)
Currency
South Korean Won (KRW)
Operator
Bank of Korea
Type
Hybrid
Operating Window
00:00–09:00 UTC · Mon–Fri
Year Established
1994
Daily Volume
₩400T
Tier?
Tier 1
ISO 20022?
Legacy
Region
Asia-Pacific
Settlement Type?
Hybrid
Notes

Hybrid RTGS (pure RTGS + continuous bilateral/multilateral netting since April 2009). Operating hours: 09:00-17:30 weekdays, extended to 20:00 from April 2026. Transactions >KRW 1 billion must settle via BOK-Wire+ since 2016. ~60-70 participant institutions.

Bank of Korea official website →
See all Hybrid systems →See all systems in South Korea →ISO 20022 migration status →Payment rails by country →
Other systems in the same country or region
BOJ-NETRTGS
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ZenginACH
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HVPS (CNAPS)RTGS
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CIPSHybrid
China · CNY · CIPS Co.
BEPS (CNAPS)ACH
China · CNY · CNCC (China National Clearing Center) / PBoC
IBPSFPS
China · CNY · CNCC (China National Clearing Center) / PBoC

Operations · BOK-Wire+

Operational monitoring: not configured. ClearingPost does not monitor operational sources for this system and does not assess its current service condition.

Operations lists the systems ClearingPost monitors and the operational events it has recorded.

Not listed here: 2 tagged articles that do not mention BOK-Wire+. All coverage is in Insights.