SWIFT/BIC code PPACITM1XXX
PPACITM1XXX belongs to Space SPA in Milano, Italy.
Code details
| SWIFT/BIC code | PPACITM1XXX |
|---|---|
| 8-character code | PPACITM1 |
| Branch code | XXX |
| Bank | Space SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Space SPA SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PPAC 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 institution uses SWIFT code PPACITM1XXX?
PPACITM1XXX is the SWIFT/BIC code of the head office of Space SPA in Milano, Italy. Use it when you send money to an account at Space SPA.
Does Space SPA have other SWIFT/BIC codes?
Yes, our database contains 2 SWIFT/BIC codes for Space SPA in Italy. You can see them all on the bank page.
Do I need PPACITM1XXX to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PPACITM1XXX.
How long does a transfer to Space SPA take in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Is PPACITM1 and PPACITM1XXX the same SWIFT code?
Yes. PPACITM1 is the short version of PPACITM1XXX. The XXX at the end only means head office, so either version routes your payment to Space SPA in Milano.
What do the letters in PPACITM1XXX mean?
PPAC is the institution code of Space SPA, IT is the ISO code of Italy, M1 is the location code and XXX means the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.