SWIFT/BIC code BITAITRRRF1
BITAITRRRF1 belongs to Banca D'italia in Roma, Italy.
Code details
| SWIFT/BIC code | BITAITRRRF1 |
|---|---|
| 8-character code | BITAITRR |
| Branch code | RF1 |
| Bank | Banca D'italia |
| Branch | Banca D'italia Resolution Fund |
| City | Roma |
| Country | Italy |
The way the Banca D'italia SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BITA Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- RR Location code
- 2 characters for the city or region of the head office.
- RF1 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 BITAITRRRF1?
BITAITRRRF1 is the SWIFT/BIC code of Banca D'italia Resolution Fund, part of Banca D'italia in Roma, Italy. Use this branch code only when the account is held at this specific branch.
How long does a transfer to Banca D'italia take?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need BITAITRRRF1 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need BITAITRRRF1.
What does each part of BITAITRRRF1 mean?
BITA is the institution code of Banca D'italia, IT stands for Italy, RR is the code for the city or region and RF1 is the code of the branch Banca D'italia Resolution Fund.
What happens if I enter BITAITRRRF1 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check BITAITRRRF1 against the details from Banca D'italia before you confirm.
Can I use BITAITRR instead of BITAITRRRF1?
BITAITRR points to the head office of Banca D'italia, while BITAITRRRF1 points to Banca D'italia Resolution Fund. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention BITAITRRRF1.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.