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SWIFT/BIC code POSOIT2102M

POSOIT2102M belongs to Banca Popolare di Sondrio in Cinisello Balsamo, Italy.

POSOIT2102M

Code details

SWIFT/BIC codePOSOIT2102M
8-character codePOSOIT21
Branch code02M
BankBanca Popolare di Sondrio
BranchCinisello Balsamo
CityCinisello Balsamo
CountryItaly

The way the Banca Popolare di Sondrio SWIFT/BIC works

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

POSO 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.
02M 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 branch is behind BIC POSOIT2102M?

POSOIT2102M is the SWIFT/BIC code of Cinisello Balsamo, a branch or department of Banca Popolare di Sondrio in Cinisello Balsamo, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

What is the best way to send money to Banca Popolare di Sondrio in Italy?

Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.

What do the letters in POSOIT2102M mean?

POSO is the institution code of Banca Popolare di Sondrio, IT stands for Italy, 21 is the code for the city or region and 02M identifies the department Cinisello Balsamo.

What happens if I enter POSOIT2102M incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check POSOIT2102M with the recipient before you confirm.

Do I need POSOIT2102M for a euro transfer 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 POSOIT2102M.

How long does a transfer to Banca Popolare di Sondrio take in Italy?

SEPA payments in euros usually arrive within one business day. 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.