SAMSUNG ELECTRONICS CANADA INC., 55 STANDISH COURT, MISSISSAUGA, Canada
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| BIC Name / Bank name / Institution Name | SAMSUNG ELECTRONICS CANADA INC. |
| Bank Code / Institution Code | SECT |
| Country | CANADA |
| Country Code (ISO 3166) | CA |
| City | MISSISSAUGA |
| City Code | T1 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | Primary Office / Head Office / Main Office |
| Branch Code | XXX |
| Swift Code / BIC Code |
SECTCAT1
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| Swift Code / BIC Code 11 Characters | SECTCAT1XXX Note:If Swift Code is of 8 Characters then suffix XXX for branch code in the Swift Code. |
| Address | 55 STANDISH COURT |
| Zip Code / Postal Code | L5N 6R3 |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
| View Location on Google Map | |
| Whether Financial Institution IBAN Compliant | No, SAMSUNG ELECTRONICS CANADA INC. is not IBAN Compliant. |
| Save on International Payment Transfers | |
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 CANADA INC. the first four characters from left SECT indicates that it is SAMSUNG ELECTRONICS CANADA INC..
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of SAMSUNG ELECTRONICS CANADA INC. characters 5 and 6 from left CA indicates that bank is in CANADA. It means that all the banks located in CANADA will have CA 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 CANADA INC. characters 7 and 8 from left T1 indicates that bank is in MISSISSAUGA. It means that all the branches of SAMSUNG ELECTRONICS CANADA INC. located in MISSISSAUGA will have T1 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 CANADA INC. the length of SWIFT Code is 8 Characters, means SAMSUNG ELECTRONICS CANADA INC. Head Office of the 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.