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SWIFT/BIC code SECTCNB16S2

SECTCNB16S2 belongs to Samsung (China) Investment Co., LTD. in Xian, China.

SECTCNB16S2

Code details

SWIFT/BIC codeSECTCNB16S2
8-character codeSECTCNB1
Branch code6S2
BankSamsung (China) Investment Co., LTD.
Branch—
CityXian
CountryChina

The way 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.
6S2 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 SWIFT/BIC code SECTCNB16S2?

The code SECTCNB16S2 belongs to Samsung (China) Investment Co., LTD., a unit of Samsung (China) Investment Co., LTD. in Xian, China. Only use it if the account is held at this specific branch.

What do the letters in SECTCNB16S2 stand for?

SECT is the bank code of Samsung (China) Investment Co., LTD., CN stands for China, B1 is the location code and 6S2 identifies the branch Samsung (China) Investment Co., LTD..

How long does a transfer to Samsung (China) Investment Co., LTD. take?

An international SWIFT transfer usually takes 2–5 business days, because of correspondent banks and time zones. Specialist transfer services are often faster than a bank.

What do I need to send money to an account at Samsung (China) Investment Co., LTD.?

Have ready the SWIFT/BIC code SECTCNB16S2, the IBAN or local account number of the recipientand the name of the account holder. China uses international SWIFT transfers, so the BIC is required.

Can I use SECTCNB1 instead of SECTCNB16S2?

SECTCNB1 points to the main office of Samsung (China) Investment Co., LTD., while SECTCNB16S2 points to Samsung (China) Investment Co., LTD.. Most international transfers work with the head office code, but use SECTCNB16S2 if the recipient asks for it.

What happens if I enter SECTCNB16S2 incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check SECTCNB16S2 with the recipient before you confirm.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.