Sekerbank T.a.s. SWIFT/BIC code

SEKETR2A – the SWIFT/BIC code of Sekerbank T.a.s.

The 8-character code SEKETR2A and the 11-character code SEKETR2AXXX identify one and the same institution: Sekerbank T.a.s., with its head office in Istanbul. Every bank on the SWIFT network uses BIC codes to route international transfers to the right bank. It comes up mainly when dealing with payments that cross a border and payments in foreign currencies.

On this page you can read how the code is put together, when it matters and which other details you need for a transfer to or from Sekerbank T.a.s.. Keep in mind that the SWIFT code just identifies the bank, not the person: the IBAN or account number takes care of that.

Choosing between the 8 SWIFT codes of Sekerbank T.a.s.

Sekerbank T.a.s. has 8 different SWIFT/BIC codes across 6 locations. One of them is the head office code, SEKETR2AXXX; the others belong to branches or departments, and sometimes specific services.

Usually there is no need to look up a branch: payments addressed to SEKETR2AXXX are routed within Sekerbank T.a.s. correctly. Only use a branch code when the account holder gives you that exact code.

The best way is to copy the code straight from the recipient’s invoice. Branch codes are more likely to change than SEKETR2AXXX.

What to give a sender who pays you at Sekerbank T.a.s.

For a transfer from abroad into your account at Sekerbank T.a.s., the person paying you needs more than the BIC. What they need is: the account holder’s name, account number or IBAN, SEKETR2AXXX or SEKETR2A and in many cases your postal address.

Their bank might also ask for the bank address of Sekerbank T.a.s.. Check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

The amount you receive is often less than the amount sent. Intermediary banks may deduct a fee and your own bank may charge for processing, and when currencies differ, an exchange rate margin applies. For business payments, it is common to state how the fees are split, so that nobody is left short.

Before you send: check the Sekerbank T.a.s. code

Have the recipient send you their account details straight from a recent statement. When the code you were given does not match SEKETR2A or SEKETR2AXXX, stop and ask: check with the recipient or with Sekerbank T.a.s. directly.

Mistakes in the SWIFT code are costly rather than disastrous. Remember the account number: an error there can be more difficult to undo than a wrong BIC.

Most online banking apps validate the format of IBANs. Some banks now compare the name against the account. When you pay someone new, many people send a small amount first.

Why Sekerbank T.a.s. has an 8- and an 11-character code

The layout of a BIC never changes: four characters for the institution, a two-letter country code and a two-character location code, sometimes followed by a branch code. That gives you SEKETR2A.

Most banks and apps accept both lengths. If yours asks for eleven characters, use SEKETR2AXXX.

Type the code as one block, in capitals and without spaces, exactly as shown here. Pasting the code is safer than typing it by hand.

Turkish Lira (TRY) and conversion costs

Türkiye pays in the Turkish Lira, with the currency code TRY. When you pay another currency it has to be converted at some point – by your bank, by Sekerbank T.a.s. or by a bank in between. There is rarely a separate charge for that conversion.

Which bank converts the money makes a difference: every bank has its own margin. In many cases it is cheaper to send TRY straight away through a provider that converts near the mid-market rate, so that the receiving bank does not need to convert again.

The rate for TRY fluctuates constantly, so the amount you see is usually only valid for a short time. With bigger transfers, a small difference in the rate can be worth more than the fee.

Protect yourself against fake payment requests

Scammers often send fake invoices with changed bank details sent from what looks like a familiar address. That SEKETR2A is a real code does not mean that the account is genuine – fraudsters use real bank codes as well.

Verify changed bank details through a different channel like a call to a number from an earlier contract, not by replying to the message. Pressure or secrecy tend to be red flags. When a payment has already gone to a fraudster, contact your bank immediately.

Fraud can also work the other way. Someone claims to have sent too much and asks you to return the extra. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

Sending money abroad from Sekerbank T.a.s.

If you send money to another country from Sekerbank T.a.s., the fee you see is rarely all of the cost. Besides a fixed fee, banks in between may take a cut, and when the money changes currency, the bank often applies a rate that is less favourable than the actual market rate.

Most of the cost usually sits in the exchange rate, not in the fee: many banks convert using an exchange rate with a margin built in. A simple test: set the rate you get next to the mid-market rate for the same moment and work out the difference on your amount.

For a lot of routes, a transfer service is less expensive than a bank – mostly thanks to the rate. Next time you send money, it is worth comparing what arrives via GoldexPay instead of going straight to your bank. Choosing a specialist does not mean leaving Sekerbank T.a.s. – you pay the provider from your own account.

When will the money arrive at Sekerbank T.a.s.?

How fast a transfer arrives at Sekerbank T.a.s. depends on 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 on weekends and holidays usually start a business day later. Occasionally a bank asks what the payment is for.

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. Save the payment confirmation until the money has arrived – you will need it for any trace request.

If a payment has not arrived after a few business days, the sender should contact the bank that sent it, not the receiving bank. Ask the sender for a copy of the payment confirmation; that often settles the question quickly.

Where our SWIFT data comes from

This directory draws on publicly available sources and is updated regularly. Institutions merge, change names and retire codes, and a directory never catches every change immediately. Figures such as the number of codes come from our own dataset and may differ from what Sekerbank T.a.s. publishes.

Treat our directory on this page as a handy check. GoldexPay has no connection to Sekerbank T.a.s.. Found outdated information? Let us know via our contact form and we will look into it.