P.t. Samsung Electronics Indonesia SWIFT/BIC code

What SECTIDJ1 means for a payment to P.t. Samsung Electronics Indonesia

If an invoice shows SECTIDJ1 or SECTIDJ1XXX, you are looking at the same identifier for P.t. Samsung Electronics Indonesia in Indonesia. The code does one job: it ensures that a cross-border transfer ends up at the right bank. It comes up mainly when dealing with payments that cross a border or a currency.

On this page you can read what the code is put together, when you need it and what else a transfer to or from P.t. Samsung Electronics Indonesia requires. A SWIFT code names a bank or branch, not a single account, which is why you always need the account number too.

What a transfer from P.t. Samsung Electronics Indonesia abroad really costs

What you pay for an international transfer is made up of several parts – not just the fee on your screen. There is the transfer fee, sometimes charges from correspondent banks along the way and, above all, the margin on the exchange rate.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert using an exchange rate with a margin built in. Check the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Specialised transfer providers frequently use rates closer to the mid-market rate with clearer fees. Next time you send money, it is worth to compare what arrives on GoldexPay rather than accepting the bank’s rate by default. You can still use your account at P.t. Samsung Electronics Indonesia to fund the transfer, while a cheaper service handles the conversion.

Scams that use SWIFT codes

A common scam works like this: you receive a request claiming that a contact now has a new bank account and that the next payment should go there. A real SWIFT code says nothing about who owns the account.

Verify new bank details through a different channel like a call to a number from an earlier contract, never via the email that asked for the change. Watch out for urgent requests, odd spelling or an email address that differs by one letter. Acted too fast? Contact your bank straight away and have them try to recall the payment and report the fraud.

Scams can also target the receiver: someone claims to have sent too much and asks you to return the extra via a different route. A screenshot of a transfer proves nothing; only your own account shows what has arrived.

When will the money arrive at P.t. Samsung Electronics Indonesia?

There is no single delivery time for every transfer: some land within a day while others need several business days. Payments made after the cut-off time or on weekends and holidays often go out the next business day. Compliance checks on larger or unusual payments may also add some delay, even when all details are correct.

Many banks are connected to SWIFT gpi. Each payment carries a unique reference, the UETR, which your bank can use to see where the money is. Save your transfer receipt.

A delayed transfer has to be traced from the sending side on the basis of the transfer details. Ask the sender for the payment receipt with the date and reference.

P.t. Samsung Electronics Indonesia: head office code versus branch codes

Our directory lists 3 SWIFT/BIC codes for P.t. Samsung Electronics Indonesia. Next to the head office code SECTIDJ1XXX, you will find codes for branches, departments or specific services.

In most cases you do not need to pick a branch: transfers sent to SECTIDJ1XXX reach P.t. Samsung Electronics Indonesia correctly. When you receive a specific code, use it as it is rather than swapping it for the head office code.

The best way is to copy the code straight from the recipient’s bank details. Codes can change when banks reorganise, so a code from an old document is not always valid.

Is SECTIDJ1 still correct? How to check

Have the recipient copy the account details straight from their online banking. When the code you were given differs from SECTIDJ1 or SECTIDJ1XXX, do not guess: check with the recipient or with P.t. Samsung Electronics Indonesia directly.

An incorrect BIC can cause a delay, a returned payment or additional charges for investigation. Remember the account number: an error there can be harder to undo than a wrong BIC.

An automatic check in your banking app merely tells you that the IBAN exists – not that it belongs to the person you mean to pay. Where available, a name check on the recipient adds extra certainty. A small test payment is a sensible step for large sums, even if it costs an extra fee.

Receiving money from abroad at P.t. Samsung Electronics Indonesia

For an international payment into your account at P.t. Samsung Electronics Indonesia, the person paying you has to have not just the SWIFT code. What they need is: the account holder’s name, account number or IBAN, SECTIDJ1XXX and, for some countries, your home address.

The sender’s bank may also ask for the bank address of P.t. Samsung Electronics Indonesia. A mistake in your account number is more trouble than it looks.

Do not be surprised if the amount credited is smaller than what the sender paid. Intermediary banks may deduct a fee, P.t. Samsung Electronics Indonesia may charge for incoming payments, and if the currency changes, an exchange rate margin comes on top. Make clear with the sender who pays which costs.

Why P.t. Samsung Electronics Indonesia has an 8- and an 11-character code

A BIC is made up of fixed blocks: characters one to four stand for the bank, the next two give the country and the two after that indicate the location. That gives you SECTIDJ1 for P.t. Samsung Electronics Indonesia.

Most banks and apps accept both lengths. If a form asks for eleven characters, use SECTIDJ1XXX.

As a rule the code is typed in capitals. Pasting the code is safer than retyping it.

A note on our data

This directory is based on public sources and we update it periodically. Still, banks merge or change codes and our data may lag behind. The figures on this page are based on what is in our directory.

See our directory here as a helpful check, and let the details from the recipient or P.t. Samsung Electronics Indonesia have the final say. GoldexPay is an independent comparison site and not part of P.t. Samsung Electronics Indonesia. Should you notice a mistake, we appreciate a short note via the contact page.