SWIFT/BIC code SECTCNB16E0
SECTCNB16E0 belongs to Samsung (China) Investment Co., LTD. in Beijing, China.
Code details
| SWIFT/BIC code | SECTCNB16E0 |
|---|---|
| 8-character code | SECTCNB1 |
| Branch code | 6E0 |
| Bank | Samsung (China) Investment Co., LTD. |
| Branch | Bst |
| City | Beijing |
| Country | China |
How the Samsung (China) Investment Co., LTD. SWIFT/BIC is built up
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.
- 6E0 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 is behind BIC SECTCNB16E0?
SECTCNB16E0 identifies Bst, a branch or department of Samsung (China) Investment Co., LTD. in Beijing, China. Only use it if the recipient or their bank explicitly asks for it.
What do the letters in SECTCNB16E0 stand for?
SECT is the bank code of Samsung (China) Investment Co., LTD., CN stands for China, B1 is the code for the city or region and 6E0 identifies the department Bst.
What is the cheapest way to send money to Samsung (China) Investment Co., LTD. in China?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Chinese Yuan with specialist providers before you send.
Can I use SECTCNB1 instead of SECTCNB16E0?
SECTCNB1 points to the main office of Samsung (China) Investment Co., LTD., while SECTCNB16E0 points to Bst. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention SECTCNB16E0.
How long does it take to send money to Samsung (China) Investment Co., LTD.?
A SWIFT payment typically takes 1–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often faster than a bank.
Which details do I need for a transfer to an account at Samsung (China) Investment Co., LTD.?
You need the SWIFT/BIC code SECTCNB16E0, the IBAN or local account number of the recipient, their full name and address. China is not part of SEPA, so the BIC is required.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.