SWIFT/BIC code POIRITM1XXX

POIRITM1XXX belongs to Posillipo Finance SRL in Milano, Italy.

POIRITM1XXX

Code details

SWIFT/BIC codePOIRITM1XXX
8-character codePOIRITM1
Branch codeXXX
BankPosillipo Finance SRL
BranchHead office
CityMilano
CountryItaly

How the Posillipo Finance SRL SWIFT/BIC is structured

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

POIR 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 uses SWIFT code POIRITM1XXX?

POIRITM1XXX is the SWIFT/BIC code of the head office of Posillipo Finance SRL in Milano, Italy. It is the code to use when you send money to an account at Posillipo Finance SRL.

How long does a transfer to Posillipo Finance SRL take in Italy?

SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 1–3 business days.

Do I need POIRITM1XXX for a euro transfer to Italy?

Italy is part of the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need POIRITM1XXX.

Is POIRITM1 and POIRITM1XXX the same SWIFT code?

Yes, they are. POIRITM1 is the short version of POIRITM1XXX. The XXX at the end only means head office, so both routes your payment to Posillipo Finance SRL in Milano.

What does each part of POIRITM1XXX stand for?

POIR is the institution code of Posillipo Finance SRL, IT is the ISO code of Italy, M1 is the location code and XXX marks the head office.

Does Posillipo Finance SRL have only one SWIFT/BIC code?

Yes, POIRITM1XXX is the single SWIFT/BIC code listed for Posillipo Finance SRL in Italy, so you do not need to pick a branch code.

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