SWIFT/BIC code FOALITM1XXX
FOALITM1XXX belongs to Fondi Alleanza-Societa' di Gestione del Risparmio S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | FOALITM1XXX |
|---|---|
| 8-character code | FOALITM1 |
| Branch code | XXX |
| Bank | Fondi Alleanza-Societa' di Gestione del Risparmio S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Fondi Alleanza-Societa' di Gestione del Risparmio S.P.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FOAL 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 institution uses SWIFT code FOALITM1XXX?
FOALITM1XXX identifies the head office of Fondi Alleanza-Societa' di Gestione del Risparmio S.P.A. in Milano, Italy. Use it when a payment to Fondi Alleanza-Societa' di Gestione del Risparmio S.P.A. does not need a specific branch.
Does Fondi Alleanza-Societa' di Gestione del Risparmio S.P.A. have a single SWIFT/BIC code?
Yes – FOALITM1XXX is the single SWIFT/BIC code listed for Fondi Alleanza-Societa' di Gestione del Risparmio S.P.A. in Italy, so there is no branch code to choose.
What is the best way to send money to Fondi Alleanza-Societa' di Gestione del Risparmio S.P.A. in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send.
What do the letters in FOALITM1XXX mean?
FOAL is the institution code of Fondi Alleanza-Societa' di Gestione del Risparmio S.P.A., IT is the ISO code of Italy, M1 is the code for the city or region and XXX marks the head office.
What happens if I enter FOALITM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check FOALITM1XXX against the details from Fondi Alleanza-Societa' di Gestione del Risparmio S.P.A. before sending.
How long does it take to send money to Fondi Alleanza-Societa' di Gestione del Risparmio S.P.A. in Italy?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.