SWIFT/BIC code SECTITM1XXX
SECTITM1XXX belongs to Samsung Electronics Italia SPA in Cernusco Sul Naviglio, Italy.
Code details
| SWIFT/BIC code | SECTITM1XXX |
|---|---|
| 8-character code | SECTITM1 |
| Branch code | XXX |
| Bank | Samsung Electronics Italia SPA |
| Branch | Head office |
| City | Cernusco Sul Naviglio |
| Country | Italy |
The way the Samsung Electronics Italia SPA SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SECT Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- XXX 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 is behind BIC SECTITM1XXX?
SECTITM1XXX identifies the head office of Samsung Electronics Italia SPA in Cernusco Sul Naviglio, Italy. Use it when you send money to an account at Samsung Electronics Italia SPA.
Do I need SECTITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you still need SECTITM1XXX.
How long does it take to send money to Samsung Electronics Italia SPA?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
What happens if I enter SECTITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check SECTITM1XXX against the details from Samsung Electronics Italia SPA before you confirm.
Are SECTITM1 and SECTITM1XXX the same SWIFT code?
Yes. SECTITM1 is the short version of SECTITM1XXX. XXX simply refers to the head office, so either version routes your payment to Samsung Electronics Italia SPA in Cernusco Sul Naviglio.
What does each part of SECTITM1XXX mean?
SECT is the bank code of Samsung Electronics Italia SPA, IT stands for Italy, M1 is the code for the city or region and XXX means the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.