SWIFT/BIC code LUBOITM1XXX
LUBOITM1XXX belongs to Luigi Botto SPA in Milano, Italy.
Code details
| SWIFT/BIC code | LUBOITM1XXX |
|---|---|
| 8-character code | LUBOITM1 |
| Branch code | XXX |
| Bank | Luigi Botto SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Luigi Botto SPA SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- LUBO 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 LUBOITM1XXX?
The code LUBOITM1XXX belongs to the main office of Luigi Botto SPA in Milano, Italy. Use it when a payment to Luigi Botto SPA does not need a specific branch.
What is the cheapest way to send money to Luigi Botto SPA in Italy?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.
What happens if I enter LUBOITM1XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Always check LUBOITM1XXX against the details from Luigi Botto SPA before you confirm.
Do I need LUBOITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. For other currencies you do need LUBOITM1XXX.
How long does a transfer to Luigi Botto SPA take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Does Luigi Botto SPA use only one SWIFT/BIC code?
Yes – LUBOITM1XXX is the only SWIFT/BIC code we have for Luigi Botto 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.