Samsung Electronics Romania SRL SWIFT/BIC code

What SECTRO21 means for a payment to Samsung Electronics Romania SRL

SECTRO21 and SECTRO21XXX are the short and the long form of the same SWIFT/BIC code, and both lead to Samsung Electronics Romania SRL in Voluntari. A BIC has a single purpose: it ensures that a cross-border transfer ends up at the right bank. In daily life you usually come across the code on invoices from abroad, in payment forms and on the account details of Samsung Electronics Romania SRL customers.

On this page we explain what the code is put together, when it matters and what else you need for a transfer to or from Samsung Electronics Romania SRL. A SWIFT code names an institution, not a single account, which is why you always need the account number too.

Changed bank details? Be careful

Scammers often use fake invoices containing changed bank details sent from what looks like a familiar address. A real SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Always confirm a change of bank details through a phone call. Watch out for urgent requests, odd spelling or an email address that differs by one letter. If a payment was sent to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

People receiving money are targeted too: a classic trick is a buyer who pays too much and then sends a request to send back the difference. A screenshot of a transfer is no proof; only your own account shows what has arrived.

A note on our data

We gather bank codes from publicly available data and update our list from time to time. Still, banks merge or retire codes, so information can be out of date. Counts and locations come from our directory.

Use this page as a reference, not as the final word: the recipient’s bank details come first. We are an independent comparison site for money transfers and not part of Samsung Electronics Romania SRL. Spotted an error? Tell us via our contact form so we can correct it.

Paying into Samsung Electronics Romania SRL in RON

Romania uses the Romanian Leu. A payment in a foreign currency is converted into RON before it reaches the account, and whoever converts it chooses the rate. There is rarely a separate charge for the conversion.

Which bank converts the payment makes a difference: every bank has its own margin. Check how much RON arrives via several services before choosing one.

Rates for RON change all the time. With bigger transfers, even seemingly small gap in the rate can be worth more than the fee.

Samsung Electronics Romania SRL: head office code versus branch codes

With 2 codes in 1 cities, Samsung Electronics Romania SRL belongs to the banks that use individual codes for branches. The head office code is SECTRO21XXX.

In most cases there is no need to pick a branch: transfers sent to SECTRO21XXX are routed within Samsung Electronics Romania SRL correctly. A branch code only makes sense if the recipient’s bank explicitly asks for it.

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

Paying Samsung Electronics Romania SRL in euros within SEPA

Since Romania is part of SEPA, a euro payment into Samsung Electronics Romania SRL from within the SEPA area usually only needs an IBAN. Many banks do not require the BIC for these payments or fill it in for you.

Outside the euro and for senders outside SEPA, SECTRO21XXX or SECTRO21 is still required. A few forms also show a field for the BIC; in that case, fill in SECTRO21.

Instant euro transfers have become increasingly available within SEPA – whether Samsung Electronics Romania SRL offers them for your account is worth checking. Fees for SEPA payments are generally low, as long as no currency conversion is involved.

Before you send: check the Samsung Electronics Romania SRL code

The best place to find the correct BIC remains a document from the bank itself. Check that code against SECTRO21 here; if they differ, ask before you pay.

A wrong SWIFT code may lead to a delay, a payment being sent back or additional charges for investigation. Remember the IBAN: a mistake there is harder to correct than a wrong BIC.

An automatic check by your bank only tells you that the IBAN is valid – not that it belongs to the person you mean to pay. If your bank offers it, a payee name check before sending gives extra certainty. For a first payment, many people send a small amount first and wait for confirmation.

Sending money abroad from Samsung Electronics Romania SRL

An international bank payment can cost more than the listed fee. Besides the transfer fee, banks in between can deduct a fee, and when currencies are converted, the bank usually applies a rate below the real market rate.

Banks rarely list their exchange rate markup separately – you only notice it if you compare. A simple test: set the bank’s rate next to the mid-market rate and work out the difference on your amount.

Money transfer services often use a rate near the mid-market rate. On GoldexPay you can compare what recipients receive with different services. You can always keep your account at Samsung Electronics Romania SRL to fund the transfer.

SECTRO21 or SECTRO21XXX – which one to use?

A BIC is built from fixed blocks: characters one to four stand for the bank, the next two show the country and the two after that mark the location. Combined, those parts make up SECTRO21, the code most people search for.

XXX at the end of SECTRO21XXX is not a placeholder or a mistake: it stands for the head office of Samsung Electronics Romania SRL. Some forms insist on 11 characters, in which case you simply enter XXX after SECTRO21.

Type the code as one block, in capitals and without spaces. Watch for the letter O and the digit 0 and the letter I and the digit 1, a common source of typos.

When will the money arrive at Samsung Electronics Romania SRL?

A SWIFT payment typically takes one to a few business days. Bank holidays in the sending or receiving country add extra days. Extra checks on larger or unusual payments may also cause a delay.

A growing number of banks use SWIFT gpi for faster and traceable payments. Every gpi transfer gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Specialist transfer services usually show a status in their app so you can see how far the payment is.

Only the sending bank can start an official trace; the receiving side usually has nothing to trace yet. Ask the sender for a copy of the payment confirmation including the reference; that often settles the question quickly.

Receiving money from abroad at Samsung Electronics Romania SRL

Someone abroad who wants to pay you needs several details about your account, and missing ones are a common cause of delays. That means: your full name exactly as it appears on the account, your IBAN or account number, the BIC SECTRO21XXX and, often, your postal address.

The sender’s bank might request the address of your bank, in which case the Voluntari head office is the usual answer. Check each detail before you send them.

What lands in your account is often lower than the amount sent. Charges on incoming payments differ from bank to bank. Agree with the sender who pays which costs before the money is sent.