SWIFT/BIC code FRCTITM1XXX
FRCTITM1XXX belongs to First Capital SPA in Milano, Italy.
Code details
| SWIFT/BIC code | FRCTITM1XXX |
|---|---|
| 8-character code | FRCTITM1 |
| Branch code | XXX |
| Bank | First Capital SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the First Capital SPA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FRCT 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 uses BIC FRCTITM1XXX?
FRCTITM1XXX identifies the main office of First Capital SPA in Milano, Italy. It is the code to use when a payment to First Capital SPA does not need a specific branch.
Does First Capital SPA use a single SWIFT/BIC code?
Yes, FRCTITM1XXX is the only SWIFT/BIC code we have for First Capital SPA in Italy, so there is no branch code to choose.
What is the best way to send money to First Capital SPA in Italy?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.
How long does it take to send money to First Capital SPA?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
Do I need FRCTITM1XXX to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you do need FRCTITM1XXX.
Is FRCTITM1 and FRCTITM1XXX the same SWIFT code?
Yes. FRCTITM1 is the 8-character version of FRCTITM1XXX. The XXX at the end only means head office, so both routes your payment to First Capital SPA in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.