Samsung Electronics Argentina S.A. SWIFT/BIC code

Samsung Electronics Argentina S.A. SWIFT code: SECTARB1

The 8-character code SECTARB1 and the 11-character code SECTARB1XXX identify the same bank: Samsung Electronics Argentina S.A. in Buenos Aires, Argentina. The code does one job: it makes sure that money from abroad ends up at the right bank. You will need it mainly when dealing with transfers between countries.

On this page you can read how the code means, when you need it and which other details a transfer to or from Samsung Electronics Argentina S.A. requires. The SWIFT code alone does not identify an individual account holder; for that you need the account number or IBAN is for.

About this information

The directory on GoldexPay is compiled from public sources and is updated regularly. Still, banks merge or change codes and our data may lag behind. Counts and locations are from our own dataset and may differ from what Samsung Electronics Argentina S.A. publishes.

For a payment of any size, check the code with the recipient’s bank or the recipient. GoldexPay is independent of Samsung Electronics Argentina S.A., we only compare transfer services. If you notice a mistake, we welcome a message.

Incoming international payments to Samsung Electronics Argentina S.A.

If you are waiting for money from abroad, give the sender a complete set of details. What they need is: the account holder’s name, account number or IBAN, SECTARB1XXX or SECTARB1 and, for some countries, your postal address.

You can include the bank name and Buenos Aires too, since some forms ask for it. Double-check every detail before you share them, because the sender’s bank usually copies them as is.

What lands in your account is often less than the amount sent. Fees for incoming transfers differ from bank to bank – the price list of Samsung Electronics Argentina S.A. tells you what applies. Agree with the sender who covers the fees before the money is sent.

Is SECTARB1 still correct? How to check

The most reliable source for the BIC is the bank details provided by the recipient. Check it against SECTARB1 here; if they differ, ask before you pay.

Errors in the BIC are annoying rather than fatal. Remember the IBAN: an error there is more difficult to undo than a wrong BIC.

A format check in your banking app only confirms that the IBAN is valid – not that it belongs to the person you mean to pay. Where available, a name check before sending adds an extra layer of safety. A small test payment can be worth it for large sums, even if it costs an extra fee.

Paying someone abroad from your Samsung Electronics Argentina S.A. account

What you pay for a payment abroad is made up of several parts, and the transfer fee is only the most visible one. There is the transfer fee, sometimes fees charged by intermediary banks along the way and, above all, the margin on the exchange rate.

That exchange rate margin is often the largest item even though it is not listed as a fee. Compare the rate you are offered against the mid-market rate. The difference is your real conversion cost.

For many currency pairs, a specialist provider turns out to be cheaper than a bank – mostly thanks to the rate. GoldexPay compares transfer providers side by side so you can see the amount the recipient gets. You can still keep your account at Samsung Electronics Argentina S.A. to fund the transfer.

Why Samsung Electronics Argentina S.A. has an 8- and an 11-character code

The structure of a BIC is always the same: a bank code of four letters, a two-letter country code and a two-character location code, plus an optional branch code. That gives you SECTARB1 for Samsung Electronics Argentina S.A..

XXX at the end of SECTARB1XXX does not stand for a missing value or a mistake: it stands for the head office of Samsung Electronics Argentina S.A.. Some forms ask for 11 characters, in which case you simply add XXX behind SECTARB1.

Leave out spaces or dashes when you type SECTARB1; the code is always written in one block. Watch for O versus 0 or I versus 1, a common source of typos.

How long does an international transfer to Samsung Electronics Argentina S.A. take?

A SWIFT payment typically needs one to a few business days, depending on the currency, the route and the banks involved. Weekends and public holidays in either country can add a day or more, since banks do not process on those days. Compliance checks by one of the banks may also cause some delay.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every payment gets a unique reference, the UETR. Money transfer services usually provide a status online so you can see where the money has got.

Only the sending bank can request a trace – the recipient’s bank often cannot see a payment that has not arrived. On the receiving end, it helps to look at your statements for a slightly lower amount, since fees may have been deducted.

Which of the 2 codes of Samsung Electronics Argentina S.A. do you need?

With 2 codes, Samsung Electronics Argentina S.A. is one of the banks that use individual codes for branches. The head office code is SECTARB1XXX.

For the vast majority of payments to a private or business account, the head office code SECTARB1XXX is the right choice. If you have been given a branch code, stick to it rather than swapping it for the head office code.

If you are not sure, check with the recipient for the exact BIC in their bank details. Codes for branches are more likely to change than SECTARB1XXX when a bank merges or closes offices.

Changed bank details? Be careful

Stay alert if a contact unexpectedly asks you to pay into a different account abroad. That SECTARB1 is a real code is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Always verify a change of bank details by phone. Pressure or requests to keep it quiet are red flags; a genuine business can wait for you to check. When a payment was sent to a fraudster, call your bank right away – speed improves the chance of getting it back.

Fraud can also target the receiver. Someone claims to have sent more than agreed and wants you to return the extra. Do not act before the money has really arrived and check with Samsung Electronics Argentina S.A. if anything seems off.