SWIFT/BIC code CPGGITM1XXX
CPGGITM1XXX belongs to Capital For Progress 2 S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | CPGGITM1XXX |
|---|---|
| 8-character code | CPGGITM1 |
| Branch code | XXX |
| Bank | Capital For Progress 2 S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Capital For Progress 2 S.P.A. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CPGG 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 SWIFT/BIC code CPGGITM1XXX?
CPGGITM1XXX is the SWIFT/BIC code of the head office of Capital For Progress 2 S.P.A. in Milano, Italy. It is the code to use when a payment to Capital For Progress 2 S.P.A. does not need a specific branch.
What happens if I enter CPGGITM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check CPGGITM1XXX against the details from Capital For Progress 2 S.P.A. before you confirm.
What is the cheapest way to send money to Capital For Progress 2 S.P.A. in Italy?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
Is CPGGITM1 and CPGGITM1XXX the same code?
Yes. CPGGITM1 is the 8-character version of CPGGITM1XXX. XXX simply refers to the head office, so both will reach Capital For Progress 2 S.P.A. in Milano.
How long does it take to send money to Capital For Progress 2 S.P.A. in Italy?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Do I need CPGGITM1XXX to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need CPGGITM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.