SWIFT/BIC code SECTIND1552
SECTIND1552 belongs to Samsung India Electronics Private .ltd in Bangalore, India.
Code details
| SWIFT/BIC code | SECTIND1552 |
|---|---|
| 8-character code | SECTIND1 |
| Branch code | 552 |
| Bank | Samsung India Electronics Private .ltd |
| Branch | Siso |
| City | Bangalore |
| Country | India |
How the Samsung India Electronics Private .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.
- IN Country code
- 2 letters for the country (ISO 3166).
- D1 Location code
- 2 characters for the city or region of the head office.
- 552 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 SECTIND1552?
The code SECTIND1552 belongs to Siso, a branch or department of Samsung India Electronics Private .ltd in Bangalore, India. Use this branch code only when the recipient or their bank explicitly asks for it.
How long does a transfer to Samsung India Electronics Private .ltd take in India?
A SWIFT payment usually takes 2–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often quicker than a bank.
What does each part of SECTIND1552 stand for?
SECT is the institution code of Samsung India Electronics Private .ltd, IN is the ISO code of India, D1 is the code for the city or region and 552 identifies the branch Siso.
Which details do I need for a transfer to an account at Samsung India Electronics Private .ltd?
Have ready the SWIFT/BIC code SECTIND1552, the account number or IBAN of the recipient, their full name and address. India is not part of SEPA, so always include the BIC.
What is the best way to send money to Samsung India Electronics Private .ltd in India?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Indian Rupee with transfer services before you send – the difference can be large.
What happens if I use SECTIND1552 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check SECTIND1552 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.