SWIFT/BIC code SECTMAM1XXX
SECTMAM1XXX belongs to Samsung Electronics Morocco in Casablanca, Morocco.
Code details
| SWIFT/BIC code | SECTMAM1XXX |
|---|---|
| 8-character code | SECTMAM1 |
| Branch code | XXX |
| Bank | Samsung Electronics Morocco |
| Branch | Head office |
| City | Casablanca |
| Country | Morocco |
How the Samsung Electronics Morocco 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.
- MA 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 uses BIC SECTMAM1XXX?
SECTMAM1XXX is the SWIFT/BIC code of the headquarters of Samsung Electronics Morocco in Casablanca, Morocco. Use it when a payment to Samsung Electronics Morocco does not need a specific branch.
What do I need for a transfer to an account at Samsung Electronics Morocco?
Have ready the SWIFT/BIC code SECTMAM1XXX, the account number or IBAN of the recipient, their full name and address. Morocco is not part of SEPA, so the BIC is required.
What do the letters in SECTMAM1XXX mean?
SECT is the institution code of Samsung Electronics Morocco, MA is the ISO code of Morocco, M1 is the location code and XXX marks the head office.
Are SECTMAM1 and SECTMAM1XXX the same code?
Yes. SECTMAM1 is the short version of SECTMAM1XXX. The XXX at the end only means head office, so both routes your payment to Samsung Electronics Morocco in Casablanca.
How long does it take to send money to Samsung Electronics Morocco in Morocco?
An international SWIFT transfer usually takes 2–5 business days, because of correspondent banks and time zones. Specialist transfer services are often faster and cheaper.
What is the cheapest way to send money to Samsung Electronics Morocco in Morocco?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Morocco with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.