SWIFT/BIC code SECTLV21961

SECTLV21961 belongs to Samsung Electronics Baltics in Riga, Latvia.

SECTLV21961

Code details

SWIFT/BIC codeSECTLV21961
8-character codeSECTLV21
Branch code961
BankSamsung Electronics Baltics
Branch—
CityRiga
CountryLatvia

How the Samsung Electronics Baltics 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.
LV Country code
2 letters for the country (ISO 3166).
21 Location code
2 characters for the city or region of the head office.
961 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 code SECTLV21961?

SECTLV21961 is the SWIFT/BIC code of Samsung Electronics Baltics, part of Samsung Electronics Baltics in Riga, Latvia. Use this branch code only when the account is held at this specific branch.

Does Samsung Electronics Baltics have more SWIFT/BIC codes?

Yes – our database contains 2 SWIFT/BIC codes for Samsung Electronics Baltics in Latvia, for the head office and several branches or departments. You can see them all on the bank page.

What does each part of SECTLV21961 stand for?

SECT is the institution code of Samsung Electronics Baltics, LV is the ISO code of Latvia, 21 is the code for the city or region and 961 is the code of the branch Samsung Electronics Baltics.

What is the cheapest way to send money to Samsung Electronics Baltics?

Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.

Can I use SECTLV21 instead of SECTLV21961?

SECTLV21 is the main office of Samsung Electronics Baltics, while SECTLV21961 is Samsung Electronics Baltics. For a normal transfer the head office code is usually fine, yet use SECTLV21961 if the recipient asks for it.

How long does a transfer to Samsung Electronics Baltics take?

Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.