SWIFT/BIC code PRCSITM1XXX
PRCSITM1XXX belongs to Pirelli Re Credit Servicing in Milano, Italy.
Code details
| SWIFT/BIC code | PRCSITM1XXX |
|---|---|
| 8-character code | PRCSITM1 |
| Branch code | XXX |
| Bank | Pirelli Re Credit Servicing |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Pirelli Re Credit Servicing SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PRCS 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
What bank uses SWIFT code PRCSITM1XXX?
PRCSITM1XXX identifies the main office of Pirelli Re Credit Servicing in Milano, Italy. It is the code to use when a payment to Pirelli Re Credit Servicing does not need a specific branch.
What does each part of PRCSITM1XXX stand for?
PRCS is the institution code of Pirelli Re Credit Servicing, IT stands for Italy, M1 is the location code and XXX marks the main office.
Are PRCSITM1 and PRCSITM1XXX the same SWIFT code?
Yes, they are. PRCSITM1 is the short version of PRCSITM1XXX. The XXX at the end only refers to the head office, so either version will reach Pirelli Re Credit Servicing in Milano.
Do I need PRCSITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you do need PRCSITM1XXX.
How long does it take to send money to Pirelli Re Credit Servicing in Italy?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 1–3 business days.
What happens if I enter PRCSITM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check PRCSITM1XXX against the details from Pirelli Re Credit Servicing before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.