SWIFT/BIC code CEVRITM1XXX
CEVRITM1XXX belongs to Crediarc Spv S.r.l. in Milano, Italy.
Code details
| SWIFT/BIC code | CEVRITM1XXX |
|---|---|
| 8-character code | CEVRITM1 |
| Branch code | XXX |
| Bank | Crediarc Spv S.r.l. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Crediarc Spv S.r.l. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CEVR 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
Which bank is behind BIC CEVRITM1XXX?
CEVRITM1XXX identifies the headquarters of Crediarc Spv S.r.l. in Milano, Italy. It is the code to use when a payment to Crediarc Spv S.r.l. does not need a specific branch.
What do the letters in CEVRITM1XXX mean?
CEVR is the bank code of Crediarc Spv S.r.l., IT stands for Italy, M1 is the code for the city or region and XXX means the main office.
Do I need CEVRITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need CEVRITM1XXX.
How long does a transfer to Crediarc Spv S.r.l. take?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Is CEVRITM1 and CEVRITM1XXX the same SWIFT code?
Yes, they are. CEVRITM1 is the 8-character version of CEVRITM1XXX. The XXX at the end only refers to the head office, so both will reach Crediarc Spv S.r.l. in Milano.
What is the best way to send money to Crediarc Spv S.r.l. in Italy?
Banks often 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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.