SWIFT/BIC code MORFIT21XXX
MORFIT21XXX belongs to Monrif SPA in Bologna, Italy.
Code details
| SWIFT/BIC code | MORFIT21XXX |
|---|---|
| 8-character code | MORFIT21 |
| Branch code | XXX |
| Bank | Monrif SPA |
| Branch | Head office |
| City | Bologna |
| Country | Italy |
How the Monrif SPA SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MORF Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- 21 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 MORFIT21XXX?
MORFIT21XXX identifies the head office of Monrif SPA in Bologna, Italy. Use it when you send money to an account at Monrif SPA.
What is the cheapest way to send money to Monrif SPA?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
How long does a transfer to Monrif SPA take in Italy?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Do I need MORFIT21XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need MORFIT21XXX.
Is MORFIT21 and MORFIT21XXX the same SWIFT code?
Yes. MORFIT21 is the short version of MORFIT21XXX. The XXX at the end only means head office, so both routes your payment to Monrif SPA in Bologna.
Does Monrif SPA use a single SWIFT/BIC code?
Yes – MORFIT21XXX is the single SWIFT/BIC code listed for Monrif 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.