SWIFT/BIC code PAIQITM1XXX
PAIQITM1XXX belongs to Partecipazioni Italiane SPA In Liqu in Milano, Italy.
Code details
| SWIFT/BIC code | PAIQITM1XXX |
|---|---|
| 8-character code | PAIQITM1 |
| Branch code | XXX |
| Bank | Partecipazioni Italiane SPA In Liqu |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Partecipazioni Italiane SPA In Liqu SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PAIQ 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 institution is behind SWIFT/BIC code PAIQITM1XXX?
PAIQITM1XXX identifies the headquarters of Partecipazioni Italiane SPA In Liqu in Milano, Italy. Use it when you send money to an account at Partecipazioni Italiane SPA In Liqu.
What does each part of PAIQITM1XXX mean?
PAIQ is the institution code of Partecipazioni Italiane SPA In Liqu, IT is the ISO code of Italy, M1 is the code for the city or region and XXX means the head office.
What is the cheapest way to send money to Partecipazioni Italiane SPA In Liqu?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send.
Do I need PAIQITM1XXX to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need PAIQITM1XXX.
How long does it take to send money to Partecipazioni Italiane SPA In Liqu in Italy?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 1–3 business days.
Is PAIQITM1 and PAIQITM1XXX the same code?
Yes, they are. PAIQITM1 is the short version of PAIQITM1XXX. The XXX at the end only refers to the head office, so both routes your payment to Partecipazioni Italiane SPA In Liqu in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.