SWIFT/BIC code BCITITM1T20
BCITITM1T20 belongs to Intesa Sanpaolo SPA in Milano, Italy.
Code details
| SWIFT/BIC code | BCITITM1T20 |
|---|---|
| 8-character code | BCITITM1 |
| Branch code | T20 |
| Bank | Intesa Sanpaolo SPA |
| Branch | Isp Ced 2500 |
| City | Milano |
| Country | Italy |
How the Intesa Sanpaolo SPA SWIFT/BIC is structured
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.
- T20 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 BCITITM1T20?
The code BCITITM1T20 belongs to Isp Ced 2500, a unit of Intesa Sanpaolo SPA in Milano, Italy. Only use it if the account is held at this specific branch.
How long does it take to send money to Intesa Sanpaolo SPA in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need BCITITM1T20 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need BCITITM1T20.
Can I use BCITITM1 instead of BCITITM1T20?
BCITITM1 is the head office of Intesa Sanpaolo SPA, while BCITITM1T20 points to Isp Ced 2500. Most international transfers work with the head office code, but use BCITITM1T20 if the recipient asks for it.
What is the cheapest way to send money to Intesa Sanpaolo SPA?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
What do the letters in BCITITM1T20 mean?
BCIT is the institution code of Intesa Sanpaolo SPA, IT is the ISO code of Italy, M1 is the location code and T20 is the code of the branch Isp Ced 2500.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.