SWIFT/BIC code OOIBIT21XXX
OOIBIT21XXX belongs to Oib Open Innovation and Business SPA in Bologna, Italy.
Code details
| SWIFT/BIC code | OOIBIT21XXX |
|---|---|
| 8-character code | OOIBIT21 |
| Branch code | XXX |
| Bank | Oib Open Innovation and Business SPA |
| Branch | Head office |
| City | Bologna |
| Country | Italy |
How the Oib Open Innovation and Business SPA SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- OOIB 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 institution is behind SWIFT code OOIBIT21XXX?
OOIBIT21XXX identifies the headquarters of Oib Open Innovation and Business SPA in Bologna, Italy. It is the code to use when a payment to Oib Open Innovation and Business SPA does not need a specific branch.
What is the cheapest way to send money to Oib Open Innovation and Business SPA in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
What do the letters in OOIBIT21XXX stand for?
OOIB is the institution code of Oib Open Innovation and Business SPA, IT stands for Italy, 21 is the location code and XXX marks the main office.
Does Oib Open Innovation and Business SPA have only one SWIFT/BIC code?
Yes – OOIBIT21XXX is the only SWIFT/BIC code we have for Oib Open Innovation and Business SPA in Italy, so there is no branch code to choose.
Do I need OOIBIT21XXX 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. If you send another currency you still need OOIBIT21XXX.
How long does it take to send money to Oib Open Innovation and Business SPA in Italy?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.