SWIFT/BIC code PENEIT21XXX

PENEIT21XXX belongs to Penelope SPA in Montemurlo, Italy.

PENEIT21XXX

Code details

SWIFT/BIC codePENEIT21XXX
8-character codePENEIT21
Branch codeXXX
BankPenelope SPA
BranchHead office
CityMontemurlo
CountryItaly

How the Penelope SPA SWIFT/BIC is structured

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

PENE 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 is behind SWIFT/BIC code PENEIT21XXX?

PENEIT21XXX identifies the head office of Penelope SPA in Montemurlo, Italy. It is the code to use when a payment to Penelope SPA does not need a specific branch.

What does each part of PENEIT21XXX stand for?

PENE is the bank code of Penelope SPA, IT stands for Italy, 21 is the location code and XXX means the head office.

What happens if I use PENEIT21XXX incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check PENEIT21XXX with the recipient before you confirm.

Does Penelope SPA use a single SWIFT/BIC code?

Yes, PENEIT21XXX is the single SWIFT/BIC code listed for Penelope SPA in Italy, so there is no branch code to choose.

What is the best way to send money to Penelope SPA?

Many banks add several percent 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.

Are PENEIT21 and PENEIT21XXX the same SWIFT code?

Yes. PENEIT21 is the 8-character version of PENEIT21XXX. The XXX at the end only refers to the head office, so either version routes your payment to Penelope SPA in Montemurlo.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.