SWIFT/BIC code IFIGIT31101
IFIGIT31101 belongs to Banca Ifigest S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | IFIGIT31101 |
|---|---|
| 8-character code | IFIGIT31 |
| Branch code | 101 |
| Bank | Banca Ifigest S.P.A. |
| Branch | Filiale 101 Milano |
| City | Milano |
| Country | Italy |
The way the Banca Ifigest S.P.A. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IFIG Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- 31 Location code
- 2 characters for the city or region of the head office.
- 101 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
What bank uses SWIFT code IFIGIT31101?
IFIGIT31101 identifies Filiale 101 Milano, a unit of Banca Ifigest S.P.A. in Milano, Italy. Use this branch code only when the account is held at this specific branch.
What happens if I use IFIGIT31101 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check IFIGIT31101 with the recipient before sending.
How long does a transfer to Banca Ifigest S.P.A. take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need IFIGIT31101 for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need IFIGIT31101.
Can I use IFIGIT31 instead of IFIGIT31101?
IFIGIT31 points to the head office of Banca Ifigest S.P.A., while IFIGIT31101 is Filiale 101 Milano. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention IFIGIT31101.
What is the cheapest way to send money to Banca Ifigest S.P.A.?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.