SWIFT/BIC code FARAITM2XXX
FARAITM2XXX belongs to Banca Farmafactoring S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | FARAITM2XXX |
|---|---|
| 8-character code | FARAITM2 |
| 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 works
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).
- M2 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 code FARAITM2XXX?
The code FARAITM2XXX belongs to the headquarters of Banca Farmafactoring S.P.A. in Milano, Italy. Use it when you send money to an account at Banca Farmafactoring S.P.A..
What happens if I enter FARAITM2XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check FARAITM2XXX against the details from Banca Farmafactoring S.P.A. before sending.
Does Banca Farmafactoring S.P.A. have 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. All of them are listed on the page of Banca Farmafactoring S.P.A..
What do the letters in FARAITM2XXX mean?
FARA is the institution code of Banca Farmafactoring S.P.A., IT stands for Italy, M2 is the code for the city or region and XXX marks the main office.
What is the cheapest way to send money to Banca Farmafactoring S.P.A.?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Do I need FARAITM2XXX to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need FARAITM2XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.