SWIFT/BIC code SAVMIT21XXX
SAVMIT21XXX belongs to Save-Sim in Bolzano, Italy.
Code details
| SWIFT/BIC code | SAVMIT21XXX |
|---|---|
| 8-character code | SAVMIT21 |
| Branch code | XXX |
| Bank | Save-Sim |
| Branch | Head office |
| City | Bolzano |
| Country | Italy |
How the Save-Sim SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SAVM 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.
- 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 bank is behind SWIFT code SAVMIT21XXX?
SAVMIT21XXX identifies the main office of Save-Sim in Bolzano, Italy. Use it when a payment to Save-Sim does not need a specific branch.
Do I need SAVMIT21XXX to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need SAVMIT21XXX.
How long does it take to send money to Save-Sim?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Is SAVMIT21 and SAVMIT21XXX the same code?
Yes, they are. SAVMIT21 is the 8-character version of SAVMIT21XXX. XXX simply refers to the head office, so both will reach Save-Sim in Bolzano.
What does each part of SAVMIT21XXX stand for?
SAVM is the institution code of Save-Sim, IT stands for Italy, 21 is the location code and XXX means the main office.
What happens if I use SAVMIT21XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check SAVMIT21XXX with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.