SWIFT/BIC code SECTCNB1660
SECTCNB1660 belongs to Samsung (China) Investment Co., LTD. in Weihai, China.
Code details
| SWIFT/BIC code | SECTCNB1660 |
|---|---|
| 8-character code | SECTCNB1 |
| Branch code | 660 |
| Bank | Samsung (China) Investment Co., LTD. |
| Branch | Ssdp |
| City | Weihai |
| Country | China |
How the Samsung (China) Investment Co., LTD. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SECT Bank code
- 4 letters that identify the bank.
- CN Country code
- 2 letters for the country (ISO 3166).
- B1 Location code
- 2 characters for the city or region of the head office.
- 660 Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses SWIFT/BIC code SECTCNB1660?
SECTCNB1660 identifies Ssdp, a branch or department of Samsung (China) Investment Co., LTD. in Weihai, China. Use this branch code only when the account is held at this specific branch.
What do the letters in SECTCNB1660 stand for?
SECT is the institution code of Samsung (China) Investment Co., LTD., CN stands for China, B1 is the location code and 660 is the code of the branch Ssdp.
Does Samsung (China) Investment Co., LTD. have other SWIFT/BIC codes?
Yes – we list 33 SWIFT/BIC codes for Samsung (China) Investment Co., LTD. in China. You can see them all on the bank page.
Can I use SECTCNB1 instead of SECTCNB1660?
SECTCNB1 points to the head office of Samsung (China) Investment Co., LTD., while SECTCNB1660 points to Ssdp. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention SECTCNB1660.
How long does it take to send money to Samsung (China) Investment Co., LTD.?
A SWIFT payment usually takes 1–5 business days, because of correspondent banks and time zones. Money transfer services are often quicker than a bank.
What is the cheapest way to send money to Samsung (China) Investment Co., LTD.?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Chinese Yuan with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.