SWIFT/BIC code SECTKRSEXXX
SECTKRSEXXX belongs to Samsung Electronics Co., LTD. in Seoul, South Korea.
Code details
| SWIFT/BIC code | SECTKRSEXXX |
|---|---|
| 8-character code | SECTKRSE |
| Branch code | XXX |
| Bank | Samsung Electronics Co., LTD. |
| Branch | Head office |
| City | Seoul |
| Country | South Korea |
How the Samsung Electronics 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.
- KR Country code
- 2 letters for the country (ISO 3166).
- SE 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
What bank uses BIC SECTKRSEXXX?
The code SECTKRSEXXX belongs to the main office of Samsung Electronics Co., LTD. in Seoul, South Korea. It is the code to use when you send money to an account at Samsung Electronics Co., LTD..
What is the cheapest way to send money to Samsung Electronics Co., LTD.?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in South Korea with transfer services before you send.
What does each part of SECTKRSEXXX mean?
SECT is the bank code of Samsung Electronics Co., LTD., KR is the ISO code of South Korea, SE is the code for the city or region and XXX marks the head office.
What do I need for a transfer to an account at Samsung Electronics Co., LTD.?
Have ready the SWIFT/BIC code SECTKRSEXXX, the IBAN or local account number of the recipientand the name of the account holder. South Korea is not part of SEPA, so the BIC is required.
Is SECTKRSE and SECTKRSEXXX the same SWIFT code?
Yes, they are. SECTKRSE is the short version of SECTKRSEXXX. XXX simply refers to the head office, so either version routes your payment to Samsung Electronics Co., LTD. in Seoul.
What happens if I use SECTKRSEXXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check SECTKRSEXXX against the details from Samsung Electronics Co., LTD. before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.