SWIFT/BIC code BCITITM1242
BCITITM1242 belongs to Intesa Sanpaolo SPA in Gaggi, Italy.
Code details
| SWIFT/BIC code | BCITITM1242 |
|---|---|
| 8-character code | BCITITM1 |
| Branch code | 242 |
| Bank | Intesa Sanpaolo SPA |
| Branch | Via Regina Margherita 65 |
| City | Gaggi |
| Country | Italy |
The way the Intesa Sanpaolo SPA SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BCIT Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- 242 Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses BIC BCITITM1242?
BCITITM1242 identifies Via Regina Margherita 65, a unit of Intesa Sanpaolo SPA in Gaggi, Italy. Only use it if the recipient or their bank explicitly asks for it.
What do the letters in BCITITM1242 mean?
BCIT is the bank code of Intesa Sanpaolo SPA, IT is the ISO code of Italy, M1 is the code for the city or region and 242 identifies the branch Via Regina Margherita 65.
What is the best way to send money to Intesa Sanpaolo SPA?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
What happens if I enter BCITITM1242 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check BCITITM1242 with the recipient before sending.
How long does a transfer to Intesa Sanpaolo SPA take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need BCITITM1242 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need BCITITM1242.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.