SWIFT/BIC code BCITITM1T16
BCITITM1T16 belongs to Intesa Sanpaolo SPA in Milano, Italy.
Code details
| SWIFT/BIC code | BCITITM1T16 |
|---|---|
| 8-character code | BCITITM1 |
| Branch code | T16 |
| Bank | Intesa Sanpaolo SPA |
| Branch | Isp Ced 1594 |
| City | Milano |
| 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.
- T16 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
Which bank uses SWIFT code BCITITM1T16?
BCITITM1T16 is the SWIFT/BIC code of Isp Ced 1594, part of Intesa Sanpaolo SPA in Milano, Italy. Only use it if the account is held at this specific branch.
What happens if I use BCITITM1T16 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check BCITITM1T16 with the recipient before you confirm.
What is the best way to send money to Intesa Sanpaolo SPA in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Can I use BCITITM1 instead of BCITITM1T16?
BCITITM1 is the head office of Intesa Sanpaolo SPA, while BCITITM1T16 is Isp Ced 1594. Most international transfers work with the head office code, yet use BCITITM1T16 if the recipient asks for it.
Do I need BCITITM1T16 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need BCITITM1T16.
How long does it take to send money to Intesa Sanpaolo SPA in Italy?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.