SWIFT/BIC code GEELITM1XXX
GEELITM1XXX belongs to Generalfinance SPA in Milano, Italy.
Code details
| SWIFT/BIC code | GEELITM1XXX |
|---|---|
| 8-character code | GEELITM1 |
| Branch code | XXX |
| Bank | Generalfinance SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Generalfinance SPA SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- GEEL 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 GEELITM1XXX?
The code GEELITM1XXX belongs to the main office of Generalfinance SPA in Milano, Italy. It is the code to use when you send money to an account at Generalfinance SPA.
What is the best way to send money to Generalfinance SPA?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
What does each part of GEELITM1XXX mean?
GEEL is the bank code of Generalfinance SPA, IT is the ISO code of Italy, M1 is the code for the city or region and XXX marks the main office.
Is GEELITM1 and GEELITM1XXX the same code?
Yes, they are. GEELITM1 is the 8-character version of GEELITM1XXX. XXX simply means head office, so either version will reach Generalfinance SPA in Milano.
Do I need GEELITM1XXX for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need GEELITM1XXX.
How long does it take to send money to Generalfinance SPA in Italy?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.