SWIFT/BIC code SECTPAP1XXX
SECTPAP1XXX belongs to Samsung Electronics Latin America Panama (Zona Libre) S.A. in Panama, Panama.
Code details
| SWIFT/BIC code | SECTPAP1XXX |
|---|---|
| 8-character code | SECTPAP1 |
| Branch code | XXX |
| Bank | Samsung Electronics Latin America Panama (Zona Libre) S.A. |
| Branch | Head office |
| City | Panama |
| Country | Panama |
How the Samsung Electronics Latin America Panama (Zona Libre) S.A. 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.
- PA Country code
- 2 letters for the country (ISO 3166).
- P1 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 SECTPAP1XXX?
SECTPAP1XXX identifies the main office of Samsung Electronics Latin America Panama (Zona Libre) S.A. in Panama, Panama. It is the code to use when a payment to Samsung Electronics Latin America Panama (Zona Libre) S.A. does not need a specific branch.
Are SECTPAP1 and SECTPAP1XXX the same code?
Yes, they are. SECTPAP1 is the 8-character version of SECTPAP1XXX. The XXX at the end only refers to the head office, so either version routes your payment to Samsung Electronics Latin America Panama (Zona Libre) S.A. in Panama.
What is the cheapest way to send money to Samsung Electronics Latin America Panama (Zona Libre) S.A. in Panama?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Panama with transfer services before you send.
What happens if I enter SECTPAP1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check SECTPAP1XXX against the details from Samsung Electronics Latin America Panama (Zona Libre) S.A. before sending.
What do I need to send money to an account at Samsung Electronics Latin America Panama (Zona Libre) S.A.?
Have ready the SWIFT/BIC code SECTPAP1XXX, the IBAN or local account number of the recipientand the name of the account holder. Panama is not part of SEPA, so always include the BIC.
What do the letters in SECTPAP1XXX mean?
SECT is the bank code of Samsung Electronics Latin America Panama (Zona Libre) S.A., PA is the ISO code of Panama, P1 is the location code and XXX means the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.