SWIFT/BIC code RRACITM1XXX
RRACITM1XXX belongs to Bracco SPA in Milano, Italy.
Code details
| SWIFT/BIC code | RRACITM1XXX |
|---|---|
| 8-character code | RRACITM1 |
| Branch code | XXX |
| Bank | Bracco SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Bracco SPA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- RRAC 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 RRACITM1XXX?
RRACITM1XXX identifies the headquarters of Bracco SPA in Milano, Italy. It is the code to use when you send money to an account at Bracco SPA.
What is the cheapest way to send money to Bracco SPA?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.
What does each part of RRACITM1XXX mean?
RRAC is the bank code of Bracco SPA, IT stands for Italy, M1 is the location code and XXX means the head office.
Do I need RRACITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need RRACITM1XXX.
How long does a transfer to Bracco SPA take in Italy?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Are RRACITM1 and RRACITM1XXX the same code?
Yes. RRACITM1 is the short version of RRACITM1XXX. The XXX at the end only refers to the head office, so both will reach Bracco SPA in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.