SAMSUNG (CHINA) INVESTMENT CO. LTD., SSEC 501 SUHONG EAST ROAD, SUZHOU, China
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| BIC Name / Bank name / Institution Name | SAMSUNG (CHINA) INVESTMENT CO. LTD. |
| Bank Code / Institution Code | SECT |
| Country | CHINA |
| Country Code (ISO 3166) | CN |
| City | SUZHOU |
| City Code | B1 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | SSEC |
| Branch Code | 620 |
| Swift Code / BIC Code |
SECTCNB1620
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| Address | 501 SUHONG EAST ROAD |
| Zip Code / Postal Code | 215021 |
| 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 (CHINA) INVESTMENT CO. LTD. 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 (CHINA) INVESTMENT CO. LTD. the first four characters from left SECT indicates that it is SAMSUNG (CHINA) INVESTMENT CO. LTD..
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of SAMSUNG (CHINA) INVESTMENT CO. LTD. characters 5 and 6 from left CN indicates that bank is in CHINA. It means that all the banks located in CHINA will have CN 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 (CHINA) INVESTMENT CO. LTD. characters 7 and 8 from left B1 indicates that bank is in SUZHOU. It means that all the branches of SAMSUNG (CHINA) INVESTMENT CO. LTD. located in SUZHOU will have B1 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 (CHINA) INVESTMENT CO. LTD. characters 9 - 11 from left 620 indicates branch code. It means that SAMSUNG (CHINA) INVESTMENT CO. LTD. Branch code: 620 is used for branches located at :501 SUHONG EAST ROAD. 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.