SWIFT/BIC code FOSGITT1XXX
FOSGITT1XXX belongs to Fondaco Sgr SPA in Torino, Italy.
Code details
| SWIFT/BIC code | FOSGITT1XXX |
|---|---|
| 8-character code | FOSGITT1 |
| Branch code | XXX |
| Bank | Fondaco Sgr SPA |
| Branch | Head office |
| City | Torino |
| Country | Italy |
The way the Fondaco Sgr SPA SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FOSG Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- T1 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 FOSGITT1XXX?
The code FOSGITT1XXX belongs to the headquarters of Fondaco Sgr SPA in Torino, Italy. It is the code to use when you send money to an account at Fondaco Sgr SPA.
What is the best way to send money to Fondaco Sgr SPA?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
What does each part of FOSGITT1XXX stand for?
FOSG is the institution code of Fondaco Sgr SPA, IT stands for Italy, T1 is the location code and XXX marks the head office.
Are FOSGITT1 and FOSGITT1XXX the same code?
Yes. FOSGITT1 is the short version of FOSGITT1XXX. The XXX at the end only means head office, so both routes your payment to Fondaco Sgr SPA in Torino.
How long does a transfer to Fondaco Sgr SPA take?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need FOSGITT1XXX to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need FOSGITT1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.