SWIFT/BIC code SECTILI1432
SECTILI1432 belongs to Samsung Telecommunication R and D-Israel in Yakum, Israel.
Code details
| SWIFT/BIC code | SECTILI1432 |
|---|---|
| 8-character code | SECTILI1 |
| Branch code | 432 |
| Bank | Samsung Telecommunication R and D-Israel |
| Branch | — |
| City | Yakum |
| Country | Israel |
The way the Samsung Telecommunication R and D-Israel 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.
- IL Country code
- 2 letters for the country (ISO 3166).
- I1 Location code
- 2 characters for the city or region of the head office.
- 432 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 SECTILI1432?
SECTILI1432 is the SWIFT/BIC code of Samsung Telecommunication R and D-Israel, a unit of Samsung Telecommunication R and D-Israel in Yakum, Israel. Only use it if the account is held at this specific branch.
How long does a transfer to Samsung Telecommunication R and D-Israel take in Israel?
A SWIFT payment usually takes 2–5 business days, because of correspondent banks and time zones. Specialist transfer services are often faster than a bank.
What happens if I enter SECTILI1432 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check SECTILI1432 against the details from Samsung Telecommunication R and D-Israel before sending.
What do I need for a transfer to an account at Samsung Telecommunication R and D-Israel?
You need the SWIFT/BIC code SECTILI1432, the account number or IBAN of the recipient, their full name and address. Israel is not part of SEPA, so the BIC is required.
What does each part of SECTILI1432 stand for?
SECT is the institution code of Samsung Telecommunication R and D-Israel, IL is the ISO code of Israel, I1 is the code for the city or region and 432 identifies the department Samsung Telecommunication R and D-Israel.
What is the cheapest way to send money to Samsung Telecommunication R and D-Israel in Israel?
Many banks add several percent to the exchange rate on top of a fee. Check what you receive in Israel with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.