SWIFT/BIC code PSITITM1XXX
PSITITM1XXX belongs to Banca Psa Italia SPA in Milano, Italy.
Code details
| SWIFT/BIC code | PSITITM1XXX |
|---|---|
| 8-character code | PSITITM1 |
| Branch code | XXX |
| Bank | Banca Psa Italia SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Banca Psa Italia SPA SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PSIT 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 PSITITM1XXX?
PSITITM1XXX identifies the head office of Banca Psa Italia SPA in Milano, Italy. Use it when a payment to Banca Psa Italia SPA does not need a specific branch.
What is the cheapest way to send money to Banca Psa Italia SPA in Italy?
Many banks 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.
What does each part of PSITITM1XXX stand for?
PSIT is the bank code of Banca Psa Italia SPA, IT is the ISO code of Italy, M1 is the code for the city or region and XXX marks the head office.
Are PSITITM1 and PSITITM1XXX the same code?
Yes, they are. PSITITM1 is the 8-character version of PSITITM1XXX. XXX simply refers to the head office, so either version will reach Banca Psa Italia SPA in Milano.
How long does a transfer to Banca Psa Italia SPA take in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need PSITITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need PSITITM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.