SWIFT/BIC code ICFRITM1XXX
ICFRITM1XXX belongs to Icaro Finance SRL in Milano, Italy.
Code details
| SWIFT/BIC code | ICFRITM1XXX |
|---|---|
| 8-character code | ICFRITM1 |
| Branch code | XXX |
| Bank | Icaro Finance SRL |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Icaro Finance SRL SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ICFR 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 is behind BIC ICFRITM1XXX?
The code ICFRITM1XXX belongs to the headquarters of Icaro Finance SRL in Milano, Italy. Use it when a payment to Icaro Finance SRL does not need a specific branch.
What is the best way to send money to Icaro Finance SRL in Italy?
Many banks 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.
What do the letters in ICFRITM1XXX stand for?
ICFR is the institution code of Icaro Finance SRL, IT stands for Italy, M1 is the code for the city or region and XXX marks the main office.
How long does it take to send money to Icaro Finance SRL?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need ICFRITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you still need ICFRITM1XXX.
Is ICFRITM1 and ICFRITM1XXX the same code?
Yes, they are. ICFRITM1 is the 8-character version of ICFRITM1XXX. The XXX at the end only refers to the head office, so both routes your payment to Icaro Finance SRL in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.