SWIFT/BIC code SPVSITM1XXX

SPVSITM1XXX belongs to Saphira Spv SRL in Milano, Italy.

SPVSITM1XXX

Code details

SWIFT/BIC codeSPVSITM1XXX
8-character codeSPVSITM1
Branch codeXXX
BankSaphira Spv SRL
BranchHead office
CityMilano
CountryItaly

The way the Saphira Spv SRL SWIFT/BIC is structured

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

SPVS 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/BIC code SPVSITM1XXX?

SPVSITM1XXX is the SWIFT/BIC code of the headquarters of Saphira Spv SRL in Milano, Italy. It is the code to use when a payment to Saphira Spv SRL does not need a specific branch.

What is the cheapest way to send money to Saphira Spv SRL?

Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.

Does Saphira Spv SRL use a single SWIFT/BIC code?

Yes, SPVSITM1XXX is the only SWIFT/BIC code listed for Saphira Spv SRL in Italy, so there is no branch code to choose.

What does each part of SPVSITM1XXX mean?

SPVS is the bank code of Saphira Spv SRL, IT stands for Italy, M1 is the location code and XXX marks the main office.

How long does a transfer to Saphira Spv SRL take in Italy?

SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 2–4 business days.

Do I need SPVSITM1XXX for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need SPVSITM1XXX.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.