SAMSUNG ELECTRONICS AMERICA INC., STA , NEW JERSEY,NJ, United States
| BIC Name / Bank name / Institution Name | SAMSUNG ELECTRONICS AMERICA INC. |
| Bank Code / Institution Code | SECT |
| Country | UNITED STATES |
| Country Code (ISO 3166) | US |
| City | NEW JERSEY,NJ |
| City Code | 31 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | STA |
| Branch Code | 370 |
| Swift Code / BIC Code |
SECTUS31370
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| Address | |
| Zip Code / Postal Code | |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
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| Whether Financial Institution IBAN Compliant | No, SAMSUNG ELECTRONICS AMERICA INC. is not IBAN Compliant. |
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| EMVCo QR Codes with your Background Design & Logo | |
What is a SWIFT Code / BIC code?
Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.
SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:
- First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of SAMSUNG ELECTRONICS AMERICA INC. the first four characters from left SECT indicates that it is SAMSUNG ELECTRONICS AMERICA INC..
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of SAMSUNG ELECTRONICS AMERICA INC. characters 5 and 6 from left US indicates that bank is in UNITED STATES. It means that all the banks located in UNITED STATES will have US at 5th and 6th place from left in their Swift Codes / BIC Codes.
- Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of SAMSUNG ELECTRONICS AMERICA INC. characters 7 and 8 from left 31 indicates that bank is in NEW JERSEY,NJ. It means that all the branches of SAMSUNG ELECTRONICS AMERICA INC. located in NEW JERSEY,NJ will have 31 at 7th and 8th place from left in their Swift Codes / BIC Codes.
- Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of SAMSUNG ELECTRONICS AMERICA INC. characters 9 - 11 from left 370 indicates branch code. It means that SAMSUNG ELECTRONICS AMERICA INC. Branch code: 370 is used for branches located at :. If XXX are in 9-11 place then it means that it is the Head Office of Bank / Financial institution.
- Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.