KUALA LUMPUR KEPONG BERHAD

Kuala Lumpur Kepong Berhad (KLK) (MYX: 2445) is a Malaysian multi-national company. The core business of the group is plantation (oil palm and rubber). The company has plantations that cover more than 250,000 hectares[3] in Malaysia (both Peninsular and Sabah) and Indonesia (Belitung, Sumatra and Kalimantan). Since the 1990s, the company has diversified its business activities such as resource-based manufacturing (oleochemicals, derivatives and speciality chemicals), property development and retailing (personal care products, toiletries and fine foods) with worldwide presence. The company is listed on the Bursa Malaysia and is Malaysia's third-largest palm oil producer.[5] KLK was ranked 1858th[6] in the 2013 Forbes Global 2000 Leading Companies, with market cap of US$6.91 billion. In 2014, KLK was ranked 23rd most valuable Malaysia brand on the Malaysia 100 2014 with a brand value of US$364 million.[7] The late Thong Yaw Hong, (former) secretary general of the Malaysian Treasury, sat on the board of KLK.[8] [9] Lee Oi Hian, the CEO of KLK, is or was chairman of the board of trustees of the Malaysian Palm Oil Council.[10]

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KUALA LUMPUR KEPONG BERHAD SWIFT Code

ID
Country
City
Bank or Institution
SWIFT Code
1
Malaysia
IPOH
/
KLKBMY2I
2
Malaysia
IPOH
/
KLKBMY2IXXX
  • Total: 2
  • 1

About KUALA LUMPUR KEPONG BERHAD

  • Company type
    Public limited company
  • Industry
    Plantation (core business), manufacturing (resource-based), property, retailing
  • Founded
    1906
  • Headquarters
    Wisma Taiko, No. 1, Jalan S.P. Seenivasagam, 30000 Ipoh, Perak, Malaysia
  • Key people
    R. M. Alias, Chairman Lee Oi Hian, CEO
  • Revenue
    MYR 7,490.6 million (2010) [ 2 ]
  • Number of employees
    38,000 [ 4 ]
  • Website
    www .klk .com .my

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What is a SWIFT code?

A SWIFT code is an 8 or 11 character code used in banking to facilitate transactions and identify the bank.
What is the purpose of a SWIFT code in international transactions?

What is the purpose of a SWIFT code in international transactions?

SWIFT codes are used to route international financial transactions to the correct bank and branch. It facilitates the smooth and accurate transfer of funds between different banks and countries, ensuring that the transactions are processed correctly and securely.

How do I find my bank's SWIFT code?

You can find your bank's SWIFT/BIC code in the statements of your bank account. You can also use our SWIFT/BIC finder to get the right code for your transfer.
How do I find my bank's SWIFT code?

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Frequently Asked Questions

1. Why does KUALA LUMPUR KEPONG BERHAD have different SWIFT Codes?

KUALA LUMPUR KEPONG BERHAD operates differently across various countries, regions, and branches, with variations in business operations and clearing paths. To accurately identify and process KUALA LUMPUR KEPONG BERHAD's cross-border payments and other transactions, different SWIFT Codes are used for distinction. Many large multinational banks have unique SWIFT Codes to their headquarters, regional branches, and overseas subsidiaries to ensure precise and secure fund transactions.

2. How do I know which SWIFT Code of KUALA LUMPUR KEPONG BERHAD to use in a transfer?

It depends on the specific business scenario. For cross-border remittance to a branch of KUALA LUMPUR KEPONG BERHAD, you can log on to the official website of KUALA LUMPUR KEPONG BERHAD, or search the current page of XTransfer, or call KUALA LUMPUR KEPONG BERHAD to inquire about the SWIFT Code of the branch. For international business, you should first coordinate with the relevant branch in the target country and confirm the correct SWIFT Code based on the exact information provided by your business partner.

3. Is there any pattern in the composition of different SWIFT Codes for a multinational bank like KUALA LUMPUR KEPONG BERHAD?

Usually, SWIFT Code consists of 8 or 11 characters. For KUALA LUMPUR KEPONG BERHAD, the first 4 digits represent the bank code, which is the same for KUALA LUMPUR KEPONG BERHAD worldwide; the 5th and 6th digits are the country code; and the 7th and 8th digits are the region code, which will be different for branches in various regions. If the code includes 11 digits, the last 3 digits represent the branch code, which is used to distinguish different branches within the same region.

4. Will the SWIFT Code for KUALA LUMPUR KEPONG BERHAD be updated or changed?

Yes. When KUALA LUMPUR KEPONG BERHAD undergoes an organizational restructuring, such as a branch relocation, merger or split, or when there is a significant change in the financial system of the region where KUALA LUMPUR KEPONG BERHAD is located, its SWIFT Code may be updated and changed. KUALA LUMPUR KEPONG BERHAD will announce the changes in advance through its official website, mobile banking APP and other channels. Therefore, when handling cross-border business, customers should pay attention to the announcement of KUALA LUMPUR KEPONG BERHAD in time to confirm the latest SWIFT Code information, so as to avoid affecting the business.

5. Do different SWIFT Codes of KUALA LUMPUR KEPONG BERHAD support the same scope of business?

The scope of business is different. While the same bank can operate with different SWIFT Codes for the same basic types of business, there are differences for some specialized businesses or for businesses in specific regions. For example, the SWIFT Code of some branches may be specialized to support trade finance business, while the SWIFT Code of other branches is more convenient for cross-border e-commerce collection. In addition, for some emerging markets or country-specific business, only the SWIFT Code of a particular branch may have the authority to process it. When conducting international business, it is important to check whether the SWIFT Code of KUALA LUMPUR KEPONG BERHAD supports the corresponding business.