SWIFT/BIC code SVECIT31XXX
SVECIT31XXX belongs to Banca Sviluppo Economico SPA in Catania, Italy.
Code details
| SWIFT/BIC code | SVECIT31XXX |
|---|---|
| 8-character code | SVECIT31 |
| Branch code | XXX |
| Bank | Banca Sviluppo Economico SPA |
| Branch | Head office |
| City | Catania |
| Country | Italy |
The way the Banca Sviluppo Economico SPA SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SVEC Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- 31 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 is behind SWIFT code SVECIT31XXX?
SVECIT31XXX is the SWIFT/BIC code of the main office of Banca Sviluppo Economico SPA in Catania, Italy. Use it when a payment to Banca Sviluppo Economico SPA does not need a specific branch.
What happens if I enter SVECIT31XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check SVECIT31XXX with the recipient before you confirm.
Do I need SVECIT31XXX 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 still need SVECIT31XXX.
How long does it take to send money to Banca Sviluppo Economico SPA in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Are SVECIT31 and SVECIT31XXX the same code?
Yes, they are. SVECIT31 is the 8-character version of SVECIT31XXX. The XXX at the end only refers to the head office, so either version will reach Banca Sviluppo Economico SPA in Catania.
What does each part of SVECIT31XXX stand for?
SVEC is the bank code of Banca Sviluppo Economico SPA, IT is the ISO code of Italy, 31 is the location code and XXX means the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.