SWIFT/BIC code PELRITM1XXX
PELRITM1XXX belongs to Pes S.r.l. in Milano, Italy.
Code details
| SWIFT/BIC code | PELRITM1XXX |
|---|---|
| 8-character code | PELRITM1 |
| Branch code | XXX |
| Bank | Pes S.r.l. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Pes S.r.l. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PELR 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/BIC code PELRITM1XXX?
PELRITM1XXX identifies the headquarters of Pes S.r.l. in Milano, Italy. It is the code to use when you send money to an account at Pes S.r.l..
What does each part of PELRITM1XXX stand for?
PELR is the institution code of Pes S.r.l., IT stands for Italy, M1 is the location code and XXX means the main office.
What happens if I enter PELRITM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check PELRITM1XXX with the recipient before you confirm.
What is the cheapest way to send money to Pes S.r.l.?
Many banks 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.
Is PELRITM1 and PELRITM1XXX the same code?
Yes. PELRITM1 is the short version of PELRITM1XXX. XXX simply means head office, so either version routes your payment to Pes S.r.l. in Milano.
How long does it take to send money to Pes S.r.l.?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. 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.