SWIFT/BIC code CPGOITM1XXX
CPGOITM1XXX belongs to Capital For Progress 1 SPA in Milano, Italy.
Code details
| SWIFT/BIC code | CPGOITM1XXX |
|---|---|
| 8-character code | CPGOITM1 |
| Branch code | XXX |
| Bank | Capital For Progress 1 SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Capital For Progress 1 SPA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CPGO 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 uses SWIFT/BIC code CPGOITM1XXX?
The code CPGOITM1XXX belongs to the main office of Capital For Progress 1 SPA in Milano, Italy. It is the code to use when a payment to Capital For Progress 1 SPA does not need a specific branch.
What happens if I enter CPGOITM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check CPGOITM1XXX against the details from Capital For Progress 1 SPA before sending.
Does Capital For Progress 1 SPA use a single SWIFT/BIC code?
Yes – CPGOITM1XXX is the single SWIFT/BIC code listed for Capital For Progress 1 SPA in Italy, so you do not need to pick a branch code.
Do I need CPGOITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you do need CPGOITM1XXX.
How long does it take to send money to Capital For Progress 1 SPA in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Are CPGOITM1 and CPGOITM1XXX the same SWIFT code?
Yes. CPGOITM1 is the short version of CPGOITM1XXX. The XXX at the end only refers to the head office, so either version routes your payment to Capital For Progress 1 SPA in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.