SWIFT/BIC code CARMIT31588
CARMIT31588 belongs to Ubi Banca SPA (Formerly Banca Carime SPA) in Soverato, Italy.
Code details
| SWIFT/BIC code | CARMIT31588 |
|---|---|
| 8-character code | CARMIT31 |
| Branch code | 588 |
| Bank | Ubi Banca SPA (Formerly Banca Carime SPA) |
| Branch | — |
| City | Soverato |
| Country | Italy |
How the Ubi Banca SPA (Formerly Banca Carime SPA) SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CARM Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- 31 Location code
- 2 characters for the city or region of the head office.
- 588 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 SWIFT/BIC code CARMIT31588?
The code CARMIT31588 belongs to Ubi Banca SPA (Formerly Banca Carime SPA), part of Ubi Banca SPA (Formerly Banca Carime SPA) in Soverato, Italy. Use this branch code only when the account is held at this specific branch.
What do the letters in CARMIT31588 mean?
CARM is the institution code of Ubi Banca SPA (Formerly Banca Carime SPA), IT stands for Italy, 31 is the location code and 588 identifies the department Ubi Banca SPA (Formerly Banca Carime SPA).
Do I need CARMIT31588 for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need CARMIT31588.
How long does a transfer to Ubi Banca SPA (Formerly Banca Carime SPA) 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.
Can I use CARMIT31 instead of CARMIT31588?
CARMIT31 points to the main office of Ubi Banca SPA (Formerly Banca Carime SPA), while CARMIT31588 is Ubi Banca SPA (Formerly Banca Carime SPA). For a normal transfer the head office code is usually fine, but use CARMIT31588 if the recipient asks for it.
What is the best way to send money to Ubi Banca SPA (Formerly Banca Carime SPA) in Italy?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.