SWIFT/BIC code ELEAITM1XXX
ELEAITM1XXX belongs to Electrade S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | ELEAITM1XXX |
|---|---|
| 8-character code | ELEAITM1 |
| Branch code | XXX |
| Bank | Electrade S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Electrade S.P.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ELEA 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 BIC ELEAITM1XXX?
ELEAITM1XXX is the SWIFT/BIC code of the head office of Electrade S.P.A. in Milano, Italy. It is the code to use when a payment to Electrade S.P.A. does not need a specific branch.
What happens if I use ELEAITM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check ELEAITM1XXX with the recipient before you confirm.
Are ELEAITM1 and ELEAITM1XXX the same code?
Yes, they are. ELEAITM1 is the 8-character version of ELEAITM1XXX. XXX simply means head office, so both routes your payment to Electrade S.P.A. in Milano.
How long does a transfer to Electrade S.P.A. take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need ELEAITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need ELEAITM1XXX.
Does Electrade S.P.A. use a single SWIFT/BIC code?
Yes, ELEAITM1XXX is the single SWIFT/BIC code we have for Electrade S.P.A. in Italy, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.