SWIFT/BIC code SECTSGS1XXX
SECTSGS1XXX belongs to Samsung Asia Pte LTD. in Singapore, Singapore.
Code details
| SWIFT/BIC code | SECTSGS1XXX |
|---|---|
| 8-character code | SECTSGS1 |
| Branch code | XXX |
| Bank | Samsung Asia Pte LTD. |
| Branch | Head office |
| City | Singapore |
| Country | Singapore |
How the Samsung Asia Pte 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.
- SG Country code
- 2 letters for the country (ISO 3166).
- S1 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 institution uses BIC SECTSGS1XXX?
SECTSGS1XXX identifies the headquarters of Samsung Asia Pte LTD. in Singapore, Singapore. It is the code to use when a payment to Samsung Asia Pte LTD. does not need a specific branch.
What do I need for a transfer to an account at Samsung Asia Pte LTD.?
You need the SWIFT/BIC code SECTSGS1XXX, the IBAN or local account number of the recipient, their full name and address. Singapore is not part of SEPA, so always include the BIC.
What do the letters in SECTSGS1XXX stand for?
SECT is the bank code of Samsung Asia Pte LTD., SG is the ISO code of Singapore, S1 is the location code and XXX marks the head office.
What happens if I enter SECTSGS1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check SECTSGS1XXX with the recipient before sending.
How long does a transfer to Samsung Asia Pte LTD. take?
An international SWIFT transfer typically takes 1–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often faster and cheaper.
What is the cheapest way to send money to Samsung Asia Pte LTD. in Singapore?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Singapore Dollar 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.