SWIFT/BIC code SECTCNB16S1
SECTCNB16S1 belongs to Samsung (China) Investment Co., LTD. in Xian, China.
Code details
| SWIFT/BIC code | SECTCNB16S1 |
|---|---|
| 8-character code | SECTCNB1 |
| Branch code | 6S1 |
| Bank | Samsung (China) Investment Co., LTD. |
| Branch | Semiconductor |
| City | Xian |
| Country | China |
The way 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.
- 6S1 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 SWIFT/BIC code SECTCNB16S1?
SECTCNB16S1 identifies Semiconductor, a branch or department of Samsung (China) Investment Co., LTD. in Xian, China. Only use it if the account is held at this specific branch.
What does each part of SECTCNB16S1 mean?
SECT is the institution code of Samsung (China) Investment Co., LTD., CN stands for China, B1 is the code for the city or region and 6S1 is the code of the branch Semiconductor.
What do I need to send money to an account at Samsung (China) Investment Co., LTD.?
Have ready the SWIFT/BIC code SECTCNB16S1, the account number or IBAN of the recipient, their full name and address. China is not part of SEPA, so the BIC is required.
What is the cheapest way to send money to Samsung (China) Investment Co., LTD. in China?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Chinese Yuan with specialist providers before you send – the difference can be large.
How long does a transfer to Samsung (China) Investment Co., LTD. take in China?
A SWIFT payment usually takes 1–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often faster and cheaper.
Can I use SECTCNB1 instead of SECTCNB16S1?
SECTCNB1 points to the main office of Samsung (China) Investment Co., LTD., while SECTCNB16S1 points to Semiconductor. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention SECTCNB16S1.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.