SWIFT/BIC code FARAITM1XXX
FARAITM1XXX belongs to Banca Farmafactoring S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | FARAITM1XXX |
|---|---|
| 8-character code | FARAITM1 |
| Branch code | XXX |
| Bank | Banca Farmafactoring S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Banca Farmafactoring S.P.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FARA 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 FARAITM1XXX?
FARAITM1XXX is the SWIFT/BIC code of the main office of Banca Farmafactoring S.P.A. in Milano, Italy. It is the code to use when you send money to an account at Banca Farmafactoring S.P.A..
What happens if I use FARAITM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check FARAITM1XXX with the recipient before you confirm.
What is the best way to send money to Banca Farmafactoring S.P.A. in Italy?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.
What does each part of FARAITM1XXX mean?
FARA is the bank code of Banca Farmafactoring S.P.A., IT stands for Italy, M1 is the location code and XXX means the head office.
Has Banca Farmafactoring S.P.A. got more SWIFT/BIC codes?
Yes, our database contains 2 SWIFT/BIC codes for Banca Farmafactoring S.P.A. in Italy, for the head office and several branches or departments. You can see them all on the bank page.
Are FARAITM1 and FARAITM1XXX the same code?
Yes. FARAITM1 is the short version of FARAITM1XXX. The XXX at the end only means head office, so both will reach Banca Farmafactoring S.P.A. in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.