---
title: "Samsung Electronics Baltics, branch 961 — Samsung Electronics Baltics SWIFT/BIC SECTLV21961 · Riga | Elucidate"
description: "SWIFT/BIC code SECTLV21961: a branch of Samsung Electronics Baltics in Riga, Latvia. Head office SECTLV21XXX."
url: https://elucidate.co/directory/samsung-electronics-baltics-sectlv21-961
---
1. [Directory](https://elucidate.co/directory)
2. [Latvia](https://elucidate.co/directory/country/lv)
3. [Samsung Electronics Baltics](https://elucidate.co/directory/samsung-electronics-baltics-sectlv21)
4. 961
Latvia · Financial institution
# Samsung Electronics Baltics, branch 961
Branch code of [Samsung Electronics Baltics (SECTLV21XXX)](https://elucidate.co/directory/samsung-electronics-baltics-sectlv21)
BIC **SECTLV21961** Head-office LEI **[549300Q25E47PLNDRB53](https://search.gleif.org/#/record/549300Q25E47PLNDRB53)** Licence no. **Not on a tracked register** [Head office **SECTLV21XXX**](https://elucidate.co/directory/samsung-electronics-baltics-sectlv21) Passive participant (no connection) [Claim this profile](https://elucidate.co/directory/samsung-electronics-baltics-sectlv21#claim)
## Licences and registrations
Held by the legal entity, not by a branch code
This branch code belongs to the legal entity of Samsung Electronics Baltics. None matched by LEI in the 22 tracked registers.
Licences belong to the legal entity. Each applies in the country of the regulator that granted it.
## Swift network
Swift’s ISO 9362 BIC directory
- **BIC:** SECTLV21961
- **Head-office BIC:** [SECTLV21XXX](https://elucidate.co/directory/samsung-electronics-baltics-sectlv21)
- **Connection to Swift:** Passive participant (no connection)
- **Swift GPI · SECTLV21:** Not on the member list
- **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- **Branch codes:** [One of 1 branch code of Samsung Electronics Baltics](https://elucidate.co/directory/samsung-electronics-baltics-sectlv21#branches)
- **BIC first registered:** 2011-07-02
- **Last updated:** 2011-07-02
## Identifiers
Branch record
- **BIC:** SECTLV21961
- **How the BIC breaks down:** 1. SECT Bank 2. LV Country · Latvia 3. 21 Location · passive 4. 961 Branch
- **Head-office BIC:** [SECTLV21XXX](https://elucidate.co/directory/samsung-electronics-baltics-sectlv21) · Samsung Electronics Baltics
- **Branch LEI:** No LEI mapped to this branch. Head-office LEI: [549300Q25E47PLNDRB53](https://elucidate.co/directory/samsung-electronics-baltics-sectlv21)
## Profile
- **Branch description:** Not recorded in the directory
- **Function:** Not stated in the description
- **City:** Riga
- **Country · region:** Latvia · Europe & Central Asia
- **Institution type:** Financial institution
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
## Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
## Addresses
- **Branch address:** DUNTES IELA 6 FLOOR 6 RIGA RIGA LATVIA
- **Head-office address:** DUNTES IELA 6 FLOOR 6 RIGA LV-1013 LATVIA
## ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this branch by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- **Identified by:** BIC, with the head office’s LEI
- **Roles in CBPR+:** Debtor agent, creditor agent or an intermediary agent
### CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
```xml
SECTLV21961
549300Q25E47PLNDRB53
```
### Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
```xml
SECTLV21961
549300Q25E47PLNDRB53
SAMSUNG ELECTRONICS BALTICS
RIGA
LV
DUNTES IELA 6 FLOOR 6 RIGA RIGA
```
This BIC is not connected to Swift. Messages reach the institution through a correspondent bank, so it cannot be the instructing or instructed agent.
No LEI is mapped to this branch BIC. The blocks use the head office’s LEI, which identifies the same legal entity.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
## Where this branch sits
Linked to its head office. No other branch shares a distinctive function, city, address or registration day with it.
## Related institutions
### Institution
- [Samsung Electronics Baltics BIC SECTLV21 Financial institution Not on a tracked register Latvia · Not on a tracked register · LEI 549300Q25E47PLNDRB53](https://elucidate.co/directory/samsung-electronics-baltics-sectlv21)
The BIC8 this branch code belongs to: SECTLV21.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
[Read the methodology →](https://elucidate.co/directory/methodology)
## Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
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Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.