Samsung Electronics Europe Logistics SWIFT/BIC code

Samsung Electronics Europe Logistics SWIFT code: SECTNL21

SECTNL21 and SECTNL21XXX are two ways of writing the same bank identifier, and both lead to Samsung Electronics Europe Logistics in Delft. A SWIFT code tells every bank in the chain exactly which bank is meant to get the money. You will need it mostly for payments that cross a border and payments in foreign currencies.

On this page we explain how the code is put together, when you need it and which other details a transfer to or from Samsung Electronics Europe Logistics requires. The SWIFT code on its own does not identify a personal account; for that you need the IBAN or account number .

Where our SWIFT data comes from

The directory on GoldexPay draws on publicly available sources and we update it periodically. Still, banks merge, rename themselves or change codes. Counts and locations come from our own dataset.

For a payment of any size, always confirm the code with the recipient’s bank or with the recipient. GoldexPay has no connection to Samsung Electronics Europe Logistics. Found an error? Tell us through the contact page.

Paying someone abroad from your Samsung Electronics Europe Logistics account

An international bank payment can cost more than the listed fee. Besides the transfer fee, correspondent or intermediary banks may deduct a fee, and if the money changes currency the bank usually applies a rate that is less favourable than the real market rate.

That exchange rate margin is often the largest cost even though it is not listed as a fee. A simple test: put the rate you get next to the mid-market rate for the same moment and work out the difference on your amount.

Money transfer services frequently use rates closer to the mid-market rate and lower fees. Before your next transfer, take a minute to compare the total cost via GoldexPay. Using a transfer service does not mean leaving Samsung Electronics Europe Logistics – you pay the provider from your own account.

Which of the 6 codes of Samsung Electronics Europe Logistics do you need?

Samsung Electronics Europe Logistics uses 6 different SWIFT/BIC codes across 2 locations. Only one is the head office code; the rest belong to branches.

Usually there is no need to look up a branch: transfers addressed to SECTNL21XXX reach Samsung Electronics Europe Logistics without problems. A branch code only makes sense when the account holder explicitly mentions it, which is more common for business accounts and specialised services.

Unsure which code applies? Check with the recipient or the bank itself. Codes for branches are more likely to be retired than the head office code when a bank merges or closes offices.

The Euro and what conversion costs you

The currency of Netherlands is the Euro (EUR). Money sent in a different currency will be converted into EUR before it reaches the account, and whoever converts it chooses the rate. Each conversion eats into something – usually through the rate rather than a fee.

Where the conversion happens affects how much arrives, since every bank sets its own rate. Often you pay less if you send EUR straight away through a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

Rates for EUR change during the day – some services let you fix a rate in advance. On larger amounts, even small gap in the rate can be worth more than the fee.

Euro transfers to Samsung Electronics Europe Logistics: is a BIC needed?

Because Netherlands is part of SEPA, a euro transfer into Samsung Electronics Europe Logistics from another SEPA country normally only needs the IBAN. Most banking apps no longer ask for the BIC in that case or fill it in for you.

The BIC still come into play when the currency is not euros, and for transfers from outside SEPA. Some forms also show a field for the BIC out of habit; if so, enter SECTNL21.

Euro payments within SEPA usually arrive by the next business day, and instant transfers in seconds where both banks support them. Provided no currency is converted, a SEPA transfer is inexpensive.

Verifying the SWIFT code of Samsung Electronics Europe Logistics

Have the recipient send you their bank details directly from a recent statement. Compare it with SECTNL21 on this page and ask if anything does not match.

With a wrong code, the payment may get stuck, bounce back or cost extra, and tracing it can take weeks. Remember the account number: a mistake there is more difficult to undo than a wrong BIC.

Most online banking apps validate the structure of an IBAN and sometimes look up the BIC automatically. More and more banks compare the payee name against the account. A small test payment can be worth it for a large first payment despite the extra fee.

When will the money arrive at Samsung Electronics Europe Logistics?

How quickly a payment reaches Samsung Electronics Europe Logistics is determined by a few things: the currency, the number of banks in between, daily processing deadlines and time zones. Transfers sent after the cut-off time or just before a weekend or public holiday often start the next business day. Sometimes a bank wants to know about the purpose of a payment, which can hold things up.

Many banks use SWIFT gpi for faster and traceable payments. Each payment gets a unique reference, the UETR that banks can use to trace it. Money transfer services often show a status in their app showing how far the money has got.

If the money does not arrive within the expected time, the person who paid needs to start with their own bank, not the receiving bank. On the receiving end, you can look at your account to see a slightly lower amount because fees can reduce the amount.

Getting paid from abroad into a Samsung Electronics Europe Logistics account

When you expect a payment from another country, send the payer all details at once. Give them your name as the bank knows it, your account number or IBAN, the BIC SECTNL21XXX and your address.

Some sending banks also ask for the address of Samsung Electronics Europe Logistics; it does no harm to include it. A typo in your account number is harder to fix than it looks, so copy the details from your online banking.

An incoming payment will not always land in full. Charges on incoming payments differ from bank to bank; check the price list of Samsung Electronics Europe Logistics. On invoices, it is common to agree who bears the costs to avoid a shortfall.

Changed bank details? Be careful

Fraudsters often send fake invoices containing changed bank details, sometimes in an email that looks completely genuine. A valid SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Always verify a change of bank details by phone. Pressure and secrecy are warning signs – a real supplier can wait a day. Already paid? Contact the bank you paid from without delay and ask them to start a recall.

Recipients are targeted too: one known trick is an overpayment followed by a request to send back the difference. A payment confirmation from the sender is no proof.

What the XXX in SECTNL21XXX means

The layout of every SWIFT code is always the same: a bank code of four letters, a two-letter country code and a two-character location code. That gives you SECTNL21, the short form of the code.

Most payment forms work with either length. If yours requires eleven characters, enter SECTNL21XXX, otherwise SECTNL21 is fine.

Leave out spaces when you enter SECTNL21. A single letter can send a payment to another bank, so copy it carefully.