SWIFT/BIC code POSOIT2107K
POSOIT2107K belongs to Banca Popolare di Sondrio in Milano, Italy.
Code details
| SWIFT/BIC code | POSOIT2107K |
|---|---|
| 8-character code | POSOIT21 |
| Branch code | 07K |
| Bank | Banca Popolare di Sondrio |
| Branch | Milano Ag.19 |
| City | Milano |
| Country | Italy |
How the Banca Popolare di Sondrio SWIFT/BIC is built up
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.
- 07K 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 POSOIT2107K?
POSOIT2107K identifies Milano Ag.19, a branch or department of Banca Popolare di Sondrio in Milano, Italy. Use this branch code only when the account is held at this specific branch.
How long does a transfer to Banca Popolare di Sondrio take?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Do I need POSOIT2107K to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need POSOIT2107K.
What does each part of POSOIT2107K mean?
POSO is the institution code of Banca Popolare di Sondrio, IT stands for Italy, 21 is the location code and 07K identifies the department Milano Ag.19.
Can I use POSOIT21 instead of POSOIT2107K?
POSOIT21 points to the head office of Banca Popolare di Sondrio, while POSOIT2107K is Milano Ag.19. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention POSOIT2107K.
What is the cheapest way to send money to Banca Popolare di Sondrio in Italy?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.