SWIFT/BIC code BTERITM1XXX

BTERITM1XXX belongs to Banca Della Nuova Terra S.P.A. in Milano, Italy.

BTERITM1XXX

Code details

SWIFT/BIC codeBTERITM1XXX
8-character codeBTERITM1
Branch codeXXX
BankBanca Della Nuova Terra S.P.A.
BranchHead office
CityMilano
CountryItaly

How the Banca Della Nuova Terra S.P.A. SWIFT/BIC works

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

BTER 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.
XXX 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 is behind SWIFT code BTERITM1XXX?

BTERITM1XXX identifies the headquarters of Banca Della Nuova Terra S.P.A. in Milano, Italy. Use it when a payment to Banca Della Nuova Terra S.P.A. does not need a specific branch.

How long does a transfer to Banca Della Nuova Terra S.P.A. take in Italy?

Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.

Do I need BTERITM1XXX for a euro transfer to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need BTERITM1XXX.

Is BTERITM1 and BTERITM1XXX the same code?

Yes, they are. BTERITM1 is the 8-character version of BTERITM1XXX. XXX simply means head office, so either version will reach Banca Della Nuova Terra S.P.A. in Milano.

What does each part of BTERITM1XXX mean?

BTER is the institution code of Banca Della Nuova Terra S.P.A., IT stands for Italy, M1 is the location code and XXX marks the main office.

Does Banca Della Nuova Terra S.P.A. have only one SWIFT/BIC code?

Yes, BTERITM1XXX is the only SWIFT/BIC code we have for Banca Della Nuova Terra S.P.A. in Italy, so you do not need to pick a branch code.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.