SWIFT Code SECTAU21 — SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD., HOMEBUSH BAY

About SWIFT Code SECTAU21 — SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD., HOMEBUSH BAY

SWIFT code SECTAU21 is the official 8-character head-office BIC (Bank Identifier Code) for SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD. in HOMEBUSH BAY, Australia. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD. for all outward international remittances from HOMEBUSH BAY. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SECTAU21

The code SECTAU21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SECTAU21

Receiving International Wire Transfers

To receive money from abroad at your SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD. account in HOMEBUSH BAY, share SWIFT code SECTAU21 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD., HOMEBUSH BAY must provide SWIFT code SECTAU21. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD. in HOMEBUSH BAY rely on SWIFT code SECTAU21 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD. →

For cheque clearing or NACH mandates, use the MICR code for SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD. →

For TDS challan deposits, find the BSR code for SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD. →

How SWIFT Code SECTAU21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SECTAU21 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SECTAU21

• Spaces or lowercase letters — Always enter SECTAU21 uppercase with no spaces.
• Using the wrong city — This code is for HOMEBUSH BAY only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Australia.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm SECTAU21 directly with SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD.'s HOMEBUSH BAY branch or via the SWIFT BIC Directory.