SWIFT Code SAMCHKH1 — SAMSUNG SECURITIES ASIA LTD, HONG KONG

About SWIFT Code SAMCHKH1 — SAMSUNG SECURITIES ASIA LTD, HONG KONG

SWIFT code SAMCHKH1 is the official 8-character head-office BIC (Bank Identifier Code) for SAMSUNG SECURITIES ASIA LTD in HONG KONG, Hong Kong. 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 SECURITIES ASIA LTD for all outward international remittances from HONG KONG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SAMCHKH1

The code SAMCHKH1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SAMCHKH1

Receiving International Wire Transfers

To receive money from abroad at your SAMSUNG SECURITIES ASIA LTD account in HONG KONG, share SWIFT code SAMCHKH1 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 SECURITIES ASIA LTD, HONG KONG must provide SWIFT code SAMCHKH1. 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 SECURITIES ASIA LTD in HONG KONG rely on SWIFT code SAMCHKH1 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 SECURITIES ASIA LTD →

For cheque clearing or NACH mandates, use the MICR code for SAMSUNG SECURITIES ASIA LTD →

For TDS challan deposits, find the BSR code for SAMSUNG SECURITIES ASIA LTD →

How SWIFT Code SAMCHKH1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SAMCHKH1 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 SECURITIES ASIA LTD.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SAMSUNG SECURITIES ASIA LTD receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SAMCHKH1

• Spaces or lowercase letters — Always enter SAMCHKH1 uppercase with no spaces.
• Using the wrong city — This code is for HONG KONG 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 Hong Kong.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm SAMCHKH1 directly with SAMSUNG SECURITIES ASIA LTD's HONG KONG branch or via the SWIFT BIC Directory.