SECURITY BANK CORPORATION

Security Bank Corporation (SBC, also known in Hokkien Chinese: 信安銀行; Pe̍h-ōe-jī: Sìn-an Gûn-hâng; & Mandarin simplified Chinese: 信安银行; traditional Chinese: 信安銀行; pinyin: Xìn'ān Yínháng)[8] is a universal bank in the Philippines. It was established on June 18, 1951, as Security Bank and Trust Company and was the first private and Filipino-controlled bank of the post-World War II period.

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SECURITY BANK CORPORATION SWIFT Code

Country

City

Bank or Institution

SWIFT Code

Philippines

MANILA

SETCPHMM

Philippines

MANILA

SETCPHMMXXX

Total: 2
1

About SECURITY BANK CORPORATION

Company type
Universal Bank
Industry
Banking , financial services
Founded
June 18, 1951 ; 73 years ago ( 1951-06-18 )
Headquarters
Makati , Philippines
Key people
Directors [ 3 ] Frederick Y. Dy (Chairman Emeritus) Alberto S. Villarosa (Chairman) Cirilo P. Noel (Vice Chairman) Diana P. Aguilar Daniel S. Dy Hiroshi Masaki Alfonso L. Salcedo, Jr. Takashi Takeuchi Sanjiv Vohra (President and CEO) Independent directors : Gerard H. Brimo, Enrico S. Kang,Atty. Jose Perpetuo M. Lotilla, Napoleon L. Nazareno, and Joel Raymond R. Ayson}Officers [ 2 ] Sanjiv Vohra (President and CEO) Joel Raymond R. Ayson (Corporate Secretary) Leslie Y. Cham (EVP and Branch Banking Group Head) Colin Dinn (EVP and Enterprise and Technology Head) Joselito E. Mape (EVP and Chief Administrative Officer) Eduardo M. Olbes (EVP and Chief Financial Officer) Raul Martin A. Pedro (EVP and Chief Financial Officer) Charles M. Rodriguez (EVP and Wholesale Banking Group Head) Takashi Takeuchi (EVP and Alliance Segment Head) Ma. Cristina A. Tingson (EVP and Retail Banking Segment Head) Anna Christina M. Chinjen (SVP and Chief Compliance Officer) Gina S. Go (SVP and Chief Risk Officer) Anton Khlon (SVP and Chief Information Officer) Grace S. Ayson (VP and Assistant Corporate Secretary)
Products
Banking and financial products
Number of employees
7,108 (2021) [ 5 ]
Website
www .securitybank .com

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What is a SWIFT code?

A SWIFT code is an 8 or 11 character code used in banking to facilitate transactions and identify the bank.

What is the purpose of a SWIFT code in international transactions?

SWIFT codes are used to route international financial transactions to the correct bank and branch. It facilitates the smooth and accurate transfer of funds between different banks and countries, ensuring that the transactions are processed correctly and securely.

How do I find my bank's SWIFT code?

You can find your bank's SWIFT/BIC code in the statements of your bank account. You can also use our SWIFT/BIC finder to get the right code for your transfer.

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Frequently Asked Questions

1. Why does SECURITY BANK CORPORATION have different SWIFT Codes?

SECURITY BANK CORPORATION operates differently across various countries, regions, and branches, with variations in business operations and clearing paths. To accurately identify and process SECURITY BANK CORPORATION's cross-border payments and other transactions, different SWIFT Codes are used for distinction. Many large multinational banks have unique SWIFT Codes to their headquarters, regional branches, and overseas subsidiaries to ensure precise and secure fund transactions.

2. How do I know which SWIFT Code of SECURITY BANK CORPORATION to use in a transfer?

It depends on the specific business scenario. For cross-border remittance to a branch of SECURITY BANK CORPORATION, you can log on to the official website of SECURITY BANK CORPORATION, or search the current page of XTransfer, or call SECURITY BANK CORPORATION to inquire about the SWIFT Code of the branch. For international business, you should first coordinate with the relevant branch in the target country and confirm the correct SWIFT Code based on the exact information provided by your business partner.

3. Is there any pattern in the composition of different SWIFT Codes for a multinational bank like SECURITY BANK CORPORATION?

Usually, SWIFT Code consists of 8 or 11 characters. For SECURITY BANK CORPORATION, the first 4 digits represent the bank code, which is the same for SECURITY BANK CORPORATION worldwide; the 5th and 6th digits are the country code; and the 7th and 8th digits are the region code, which will be different for branches in various regions. If the code includes 11 digits, the last 3 digits represent the branch code, which is used to distinguish different branches within the same region.

4. Will the SWIFT Code for SECURITY BANK CORPORATION be updated or changed?

Yes. When SECURITY BANK CORPORATION undergoes an organizational restructuring, such as a branch relocation, merger or split, or when there is a significant change in the financial system of the region where SECURITY BANK CORPORATION is located, its SWIFT Code may be updated and changed. SECURITY BANK CORPORATION will announce the changes in advance through its official website, mobile banking APP and other channels. Therefore, when handling cross-border business, customers should pay attention to the announcement of SECURITY BANK CORPORATION in time to confirm the latest SWIFT Code information, so as to avoid affecting the business.

5. Do different SWIFT Codes of SECURITY BANK CORPORATION support the same scope of business?

The scope of business is different. While the same bank can operate with different SWIFT Codes for the same basic types of business, there are differences for some specialized businesses or for businesses in specific regions. For example, the SWIFT Code of some branches may be specialized to support trade finance business, while the SWIFT Code of other branches is more convenient for cross-border e-commerce collection. In addition, for some emerging markets or country-specific business, only the SWIFT Code of a particular branch may have the authority to process it. When conducting international business, it is important to check whether the SWIFT Code of SECURITY BANK CORPORATION supports the corresponding business.