SWIFT Code SECTCLR1 — SAMSUNG ELECTRONICS CHILE LIMITADA (LTDA), SANTIAGO

About SWIFT Code SECTCLR1 — SAMSUNG ELECTRONICS CHILE LIMITADA (LTDA), SANTIAGO

SWIFT code SECTCLR1 is the official 8-character head-office BIC (Bank Identifier Code) for SAMSUNG ELECTRONICS CHILE LIMITADA (LTDA) in SANTIAGO, Chile. 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 CHILE LIMITADA (LTDA) for all outward international remittances from SANTIAGO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SECTCLR1

The code SECTCLR1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SECTCLR1

Receiving International Wire Transfers

To receive money from abroad at your SAMSUNG ELECTRONICS CHILE LIMITADA (LTDA) account in SANTIAGO, share SWIFT code SECTCLR1 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 CHILE LIMITADA (LTDA), SANTIAGO must provide SWIFT code SECTCLR1. 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 CHILE LIMITADA (LTDA) in SANTIAGO rely on SWIFT code SECTCLR1 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 CHILE LIMITADA (LTDA) →

For cheque clearing or NACH mandates, use the MICR code for SAMSUNG ELECTRONICS CHILE LIMITADA (LTDA) →

For TDS challan deposits, find the BSR code for SAMSUNG ELECTRONICS CHILE LIMITADA (LTDA) →

How SWIFT Code SECTCLR1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SECTCLR1 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 CHILE LIMITADA (LTDA).
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SAMSUNG ELECTRONICS CHILE LIMITADA (LTDA) receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SECTCLR1

• Spaces or lowercase letters — Always enter SECTCLR1 uppercase with no spaces.
• Using the wrong city — This code is for SANTIAGO 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 Chile.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm SECTCLR1 directly with SAMSUNG ELECTRONICS CHILE LIMITADA (LTDA)'s SANTIAGO branch or via the SWIFT BIC Directory.