SWIFT/BIC code SECTCNB16K0
SECTCNB16K0 belongs to Samsung (China) Investment Co., LTD. in Shenzhen, China.
Code details
| SWIFT/BIC code | SECTCNB16K0 |
|---|---|
| 8-character code | SECTCNB1 |
| Branch code | 6K0 |
| Bank | Samsung (China) Investment Co., LTD. |
| Branch | Sskmt |
| City | Shenzhen |
| 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.
- 6K0 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
Which bank uses BIC SECTCNB16K0?
SECTCNB16K0 is the SWIFT/BIC code of Sskmt, part of Samsung (China) Investment Co., LTD. in Shenzhen, China. Use this branch code only when the recipient or their bank explicitly asks for it.
Which details do I need for a transfer to an account at Samsung (China) Investment Co., LTD.?
Have ready the SWIFT/BIC code SECTCNB16K0, the account number or IBAN of the recipientand the name of the account holder. China is not part of SEPA, so always include the BIC.
How long does a transfer to Samsung (China) Investment Co., LTD. take?
An international SWIFT transfer typically takes 2–5 business days, depending on correspondent banks and time zones. Money transfer services are often faster than a bank.
What do the letters in SECTCNB16K0 mean?
SECT is the institution code of Samsung (China) Investment Co., LTD., CN is the ISO code of China, B1 is the code for the city or region and 6K0 identifies the department Sskmt.
What is the best way to send money to Samsung (China) Investment Co., LTD. in China?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Chinese Yuan with specialist providers before you send – the difference can be large.
Can I use SECTCNB1 instead of SECTCNB16K0?
SECTCNB1 points to the head office of Samsung (China) Investment Co., LTD., while SECTCNB16K0 points to Sskmt. Most international transfers work with the head office code, yet use SECTCNB16K0 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.