SWIFT/BIC code SECTESM1470
SECTESM1470 belongs to Samsung Electronica Espanola in Madrid, Spain.
Code details
| SWIFT/BIC code | SECTESM1470 |
|---|---|
| 8-character code | SECTESM1 |
| Branch code | 470 |
| Bank | Samsung Electronica Espanola |
| Branch | Sesa |
| City | Madrid |
| Country | Spain |
The way the Samsung Electronica Espanola 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.
- ES Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- 470 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 branch is behind SWIFT/BIC code SECTESM1470?
The code SECTESM1470 belongs to Sesa, a unit of Samsung Electronica Espanola in Madrid, Spain. Only use it if the recipient or their bank explicitly asks for it.
What does each part of SECTESM1470 mean?
SECT is the institution code of Samsung Electronica Espanola, ES stands for Spain, M1 is the location code and 470 identifies the branch Sesa.
Do I need SECTESM1470 to send euros to Spain?
Spain is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need SECTESM1470.
How long does it take to send money to Samsung Electronica Espanola in Spain?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Has Samsung Electronica Espanola got more SWIFT/BIC codes?
Yes, our database contains 2 SWIFT/BIC codes for Samsung Electronica Espanola in Spain, for the head office and several branches or departments. All of them are listed on the page of Samsung Electronica Espanola.
What happens if I enter SECTESM1470 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check SECTESM1470 with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.