SWIFT Code SECTTRI1 — SAMSUNG ELECTRONICS ISTANBUL MARKETING AND TRADING LTD COMPANY, ISTANBUL

About SWIFT Code SECTTRI1 — SAMSUNG ELECTRONICS ISTANBUL MARKETING AND TRADING LTD COMPANY, ISTANBUL

SWIFT code SECTTRI1 is the official 8-character head-office BIC (Bank Identifier Code) for SAMSUNG ELECTRONICS ISTANBUL MARKETING AND TRADING LTD COMPANY in ISTANBUL, Turkey. 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 ISTANBUL MARKETING AND TRADING LTD COMPANY for all outward international remittances from ISTANBUL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SECTTRI1

The code SECTTRI1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SECTTRI1

Receiving International Wire Transfers

To receive money from abroad at your SAMSUNG ELECTRONICS ISTANBUL MARKETING AND TRADING LTD COMPANY account in ISTANBUL, share SWIFT code SECTTRI1 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 ISTANBUL MARKETING AND TRADING LTD COMPANY, ISTANBUL must provide SWIFT code SECTTRI1. 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 ISTANBUL MARKETING AND TRADING LTD COMPANY in ISTANBUL rely on SWIFT code SECTTRI1 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 ISTANBUL MARKETING AND TRADING LTD COMPANY →

For cheque clearing or NACH mandates, use the MICR code for SAMSUNG ELECTRONICS ISTANBUL MARKETING AND TRADING LTD COMPANY →

For TDS challan deposits, find the BSR code for SAMSUNG ELECTRONICS ISTANBUL MARKETING AND TRADING LTD COMPANY →

How SWIFT Code SECTTRI1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SECTTRI1 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 ISTANBUL MARKETING AND TRADING LTD COMPANY.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SAMSUNG ELECTRONICS ISTANBUL MARKETING AND TRADING LTD COMPANY receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SECTTRI1

• Spaces or lowercase letters — Always enter SECTTRI1 uppercase with no spaces.
• Using the wrong city — This code is for ISTANBUL 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 Turkey.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm SECTTRI1 directly with SAMSUNG ELECTRONICS ISTANBUL MARKETING AND TRADING LTD COMPANY's ISTANBUL branch or via the SWIFT BIC Directory.