SWIFT/BIC code GRLEITM1XXX
GRLEITM1XXX belongs to Gruppo Banca Leonardo SPA in Milano, Italy.
Code details
| SWIFT/BIC code | GRLEITM1XXX |
|---|---|
| 8-character code | GRLEITM1 |
| Branch code | XXX |
| Bank | Gruppo Banca Leonardo SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Gruppo Banca Leonardo SPA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- GRLE 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 SWIFT/BIC code GRLEITM1XXX?
The code GRLEITM1XXX belongs to the main office of Gruppo Banca Leonardo SPA in Milano, Italy. It is the code to use when you send money to an account at Gruppo Banca Leonardo SPA.
How long does a transfer to Gruppo Banca Leonardo SPA take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
What does each part of GRLEITM1XXX stand for?
GRLE is the institution code of Gruppo Banca Leonardo SPA, IT stands for Italy, M1 is the location code and XXX marks the head office.
Do I need GRLEITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need GRLEITM1XXX.
Are GRLEITM1 and GRLEITM1XXX the same SWIFT code?
Yes. GRLEITM1 is the short version of GRLEITM1XXX. XXX simply means head office, so both routes your payment to Gruppo Banca Leonardo SPA in Milano.
Does Gruppo Banca Leonardo SPA have a single SWIFT/BIC code?
Yes, GRLEITM1XXX is the single SWIFT/BIC code we have for Gruppo Banca Leonardo SPA in Italy, so you do not need to pick a branch code.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.