SWIFT/BIC code PAYTITM1XXX
PAYTITM1XXX belongs to Paytipper S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | PAYTITM1XXX |
|---|---|
| 8-character code | PAYTITM1 |
| Branch code | XXX |
| Bank | Paytipper S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Paytipper S.P.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PAYT 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 is behind SWIFT code PAYTITM1XXX?
PAYTITM1XXX identifies the head office of Paytipper S.P.A. in Milano, Italy. Use it when a payment to Paytipper S.P.A. does not need a specific branch.
What do the letters in PAYTITM1XXX mean?
PAYT is the institution code of Paytipper S.P.A., IT is the ISO code of Italy, M1 is the code for the city or region and XXX marks the main office.
Does Paytipper S.P.A. have only one SWIFT/BIC code?
Yes – PAYTITM1XXX is the only SWIFT/BIC code listed for Paytipper S.P.A. in Italy, so there is no branch code to choose.
What is the best way to send money to Paytipper S.P.A.?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
What happens if I use PAYTITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check PAYTITM1XXX against the details from Paytipper S.P.A. before sending.
Do I need PAYTITM1XXX 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. For other currencies you do need PAYTITM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.