About SWIFT Code SECTILI1432

SECTILI1432 identifies Samsung Telecommunication R And D-Israel in Yakum, Israel, on the international SWIFT network. The code breaks down as: bank code SECT, country IL, location I1, and branch 432.

Use this code when receiving or sending an international wire transfer to Samsung Telecommunication R And D-Israel. You will usually also need the recipient's account number or IBAN. Learn how SWIFT codes work →

Always confirm the SWIFT code with the receiving bank before transferring money - codes can change and branch codes vary by account type.

Frequently Asked Questions

What bank uses SWIFT code SECTILI1432?

SECTILI1432 belongs to Samsung Telecommunication R And D-Israel in Yakum, Israel.

Is SECTILI1432 valid for international transfers?

Yes - it's a valid 11-character BIC: bank code SECT, country IL, location I1, branch 432. Pair it with the recipient's account number or IBAN, and always confirm with the receiving bank before wiring money.

What's the difference between an 8 and 11 character code?

8-character codes identify the bank's head office; 11-character codes add a 3-character branch identifier. If no branch code is given, "XXX" (head office) is assumed.

What do I need besides the SWIFT code for an international transfer?

Typically the recipient's full name and address, their account number or IBAN, the bank's name and address, and the SWIFT/BIC code SECTILI1432. Some countries also require a purpose-of-payment code.