SAMSUNG ELECTRONICS SOUTH AFRICA (PTY) LTD., Primary Office 35 Umkomazi Dr. Kwazulu-Natal, LA MERCY, South Africa
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| BIC Name / Bank name / Institution Name | SAMSUNG ELECTRONICS SOUTH AFRICA (PTY) LTD. |
| Bank Code / Institution Code | SECT |
| Country | SOUTH AFRICA |
| Country Code (ISO 3166) | ZA |
| City | LA MERCY |
| City Code | J1 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | Primary Office |
| Branch Code | 721 |
| Swift Code / BIC Code |
SECTZAJ1721
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| Address | 35 Umkomazi Dr. Kwazulu-Natal |
| Zip Code / Postal Code | 4339 |
| 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 SOUTH AFRICA (PTY) 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 ELECTRONICS SOUTH AFRICA (PTY) LTD. the first four characters from left SECT indicates that it is SAMSUNG ELECTRONICS SOUTH AFRICA (PTY) LTD..
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of SAMSUNG ELECTRONICS SOUTH AFRICA (PTY) LTD. characters 5 and 6 from left ZA indicates that bank is in SOUTH AFRICA. It means that all the banks located in SOUTH AFRICA will have ZA 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 SOUTH AFRICA (PTY) LTD. characters 7 and 8 from left J1 indicates that bank is in LA MERCY. It means that all the branches of SAMSUNG ELECTRONICS SOUTH AFRICA (PTY) LTD. located in LA MERCY will have J1 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 SOUTH AFRICA (PTY) LTD. characters 9 - 11 from left 721 indicates branch code. It means that SAMSUNG ELECTRONICS SOUTH AFRICA (PTY) LTD. Branch code: 721 is used for branches located at :35 Umkomazi Dr. Kwazulu-Natal. 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.