Skip to content
◆ClearingPost

Giro (KFTC)

ACH

Korea Financial Telecommunications & Clearings Institute batch clearing system for bill payments, direct debits, standing orders, and bulk credit transfers. Settled on a multilateral net basis at the Bank of Korea.

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

ClearingPost does not assess whether Giro (KFTC) 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 Giro (KFTC).

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 Giro (KFTC) 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 · 4 of 11 fields carry a source and a recorded date · latest sourced entry recorded 16 Apr 2026 · evidence details ↓

Record · Giro (KFTC)

Country
South Korea (KR)
Currency
South Korean Won (KRW)
Operator
KFTC
Type
ACH
Operating Window
23:00–15:00 UTC · Daily
Year Established
1977
Daily Volume
N/A
Tier?
Tier 2
ISO 20022?
Legacy
Region
Asia-Pacific
Settlement Type?
Net
Participants
64 members
Availability
Business days
Notes

KFTC facilitated the Indonesia-South Korea cross-border QRIS payment linkage launched April 1, 2026 via its switching/electronic payment infrastructure (not the Giro batch clearing system), in partnership with Bank Indonesia and ASPI. NPCI International and KFTC signed MoU for UPI-Korean payment system integration (April 2026), a separate initiative enabling future interoperability between India's UPI and South Korea's retail payment infrastructure; 64 Giro clearing members.

Operations · Giro (KFTC)

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: 1 tagged article that does not mention Giro (KFTC). All coverage is in Insights.