Samsung Electronics Greece S SWIFT/BIC code

What SECTGR21 means for a payment to Samsung Electronics Greece S

If an invoice shows SECTGR21 or SECTGR21XXX, it is the same identifier for Samsung Electronics Greece S in Greece. A BIC has a single purpose: it ensures that an international payment ends up at the right bank. You will need it mainly when dealing with payments that cross a border or a currency.

Further down you will find the practical side: money coming in from abroad, paying someone in another country and how to verify a SWIFT code before you confirm a payment. The BIC names an institution, never a single account; the IBAN or account number does that.

How up to date is this code?

Our SWIFT/BIC directory draws on publicly available sources and we update it periodically. It is possible that information on this page is out of date after a merger or reorganisation. The number of codes on this page reflect what is in our directory, not official figures from Samsung Electronics Greece S.

Treat the information here as a handy check, and let the details from the recipient or Samsung Electronics Greece S have the final say. GoldexPay is not affiliated with Samsung Electronics Greece S, we only compare transfer services. Found outdated information? Tell us via our contact form and we will look into it.

8 or 11 characters: SECTGR21 versus SECTGR21XXX

Each SWIFT/BIC code has the same eight core characters: four letters for the bank, a two-letter country code and a two-character location code. That gives you SECTGR21.

Many banks and apps work with either length. If a form asks for eleven characters, enter SECTGR21XXX, otherwise SECTGR21 is fine.

Type the code in one piece, in capitals and without separators. A single character may route the money to a different institution, so check it twice.

Protect yourself against fake payment requests

Fraudsters often send fake invoices containing new bank details, sometimes in an email that looks completely genuine. The fact that SECTGR21 exists is no guarantee that a request mentioning it is legitimate.

Check new payment details through a different channel, such as a phone number you already know. Pressure or requests to keep it quiet tend to be red flags. Already paid? Contact your bank without delay and ask them to start a recall; also report it to the police.

People receiving money can be targeted as well: one known trick is an overpayment followed by a request to refund the difference. A screenshot of a transfer is no proof; only your own account shows what has arrived.

Sending money abroad from Samsung Electronics Greece S

When you send money abroad through Samsung Electronics Greece S, the visible fee is rarely all of the cost. On top of the transfer fee, banks in between can take a cut, and if currencies are converted, the bank usually applies a rate that is less favourable than the actual market rate.

That exchange rate margin tends to be the largest cost. Check their rate against the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

Money transfer services frequently use a rate near the mid-market rate. GoldexPay lists transfer providers side by side so you can see what actually arrives before you commit. You can still keep your account at Samsung Electronics Greece S.

Tracking a transfer to or from Samsung Electronics Greece S

How fast a transfer arrives at Samsung Electronics Greece S is determined by several factors: the currency, the number of banks in between, daily processing deadlines and differences in time zone. Payments made late in the day or just before a weekend or public holiday usually go out the next business day. Extra checks on larger or unusual payments may also add a delay, regardless of the details.

When a payment takes longer than expected, ask the sending bank for the status and the transaction reference so they can trace it along the chain. Keep the payment confirmation until the recipient confirms – you will need it for any trace request.

If a payment has not arrived after a few business days, the person who paid should start with their own bank rather than Samsung Electronics Greece S. On the receiving end, it helps to look at your account to see a slightly lower amount.

Paying Samsung Electronics Greece S in euros within SEPA

Inside SEPA, euro payments to an account in Greece follow common rules. The BIC field is often optional for those payments.

A SWIFT code like SECTGR21 still matter for payments in other currencies and when the money comes from outside SEPA. If your banking app has a field for the BIC regardless, entering SECTGR21 does no harm.

Instant euro transfers have become increasingly supported across SEPA – whether Samsung Electronics Greece S offers them for your account is worth checking. Provided the payment stays in euros, a SEPA transfer is cheap.

Getting paid from abroad into a Samsung Electronics Greece S account

When you expect money from abroad, give the sender all details at once. Give them the account holder’s name, your account number or IBAN, the BIC SECTGR21XXX and your address, which some banks require.

The sender’s bank might also ask for the bank address of Samsung Electronics Greece S. Check each detail before you share them.

Do not be surprised if the amount credited is below the amount on the sender’s receipt. Intermediary banks may deduct a fee, Samsung Electronics Greece S may charge for incoming payments, and if the money is converted, an exchange rate margin applies. Make clear with the sender who pays which costs before the money is sent.

Verifying the SWIFT code of Samsung Electronics Greece S

The most reliable place for the right code remains paperwork issued by the bank. Check that code with SECTGR21 on this page.

A wrong SWIFT code can cause delays, a payment being sent back or additional charges for investigation. Do not forget the IBAN: an error there can be harder to undo than a wrong code.

Most online banking apps check the structure of IBANs, but that does not prove the account belongs to the right person. Where available, a name check on the recipient adds extra certainty. A small test payment is worth it for a large first payment, even if it costs an extra fee.

Samsung Electronics Greece S: head office code versus branch codes

Our directory lists 2 SWIFT/BIC codes for Samsung Electronics Greece S. Next to the head office code SECTGR21XXX, you will find codes for regional offices and specialised units.

Unless the recipient tells you otherwise, use SECTGR21XXX or its short form SECTGR21. Just use a branch code when the recipient gives you that exact code.

The safest approach is to take the code straight from the account holder’s statement. Branch codes are more likely to be retired than SECTGR21XXX.

Paying into Samsung Electronics Greece S in EUR

Greece uses the Euro. If you send another currency has to be converted somewhere along the way. Each conversion costs something.

Who does the conversion has an effect on how much arrives, since every bank sets its own rate. In many cases it is cheaper to send EUR straight away via a provider with a good rate, so that the receiving bank does not need to convert again.

Exchange rates change all the time – some services let you fix a rate in advance. With bigger transfers, a small difference in the rate can be worth more than the fee.