SWIFT/BIC code SECTNGL1701
SECTNGL1701 belongs to Samsung Electronics West Africa Limited in Lagos, Nigeria.
Code details
| SWIFT/BIC code | SECTNGL1701 |
|---|---|
| 8-character code | SECTNGL1 |
| Branch code | 701 |
| Bank | Samsung Electronics West Africa Limited |
| Branch | — |
| City | Lagos |
| Country | Nigeria |
The way the Samsung Electronics West Africa Limited 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.
- NG Country code
- 2 letters for the country (ISO 3166).
- L1 Location code
- 2 characters for the city or region of the head office.
- 701 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 is behind SWIFT/BIC code SECTNGL1701?
SECTNGL1701 identifies Samsung Electronics West Africa Limited, part of Samsung Electronics West Africa Limited in Lagos, Nigeria. Use this branch code only when the recipient or their bank explicitly asks for it.
What is the cheapest way to send money to Samsung Electronics West Africa Limited?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Nigeria with transfer services before you send – the difference can be large.
Does Samsung Electronics West Africa Limited have other SWIFT/BIC codes?
Yes, our database contains 2 SWIFT/BIC codes for Samsung Electronics West Africa Limited in Nigeria. You can see them all on the bank page.
What happens if I enter SECTNGL1701 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check SECTNGL1701 against the details from Samsung Electronics West Africa Limited before sending.
What do the letters in SECTNGL1701 stand for?
SECT is the institution code of Samsung Electronics West Africa Limited, NG is the ISO code of Nigeria, L1 is the code for the city or region and 701 identifies the department Samsung Electronics West Africa Limited.
Can I use SECTNGL1 instead of SECTNGL1701?
SECTNGL1 is the main office of Samsung Electronics West Africa Limited, while SECTNGL1701 points to Samsung Electronics West Africa Limited. Most international transfers work with the head office code, yet use SECTNGL1701 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.