SWIFT/BIC code SVIUITR1AA5
SVIUITR1AA5 belongs to Banca Per Lo Sviluppo Della Coop. di Credito SPA in Messina, Italy.
Code details
| SWIFT/BIC code | SVIUITR1AA5 |
|---|---|
| 8-character code | SVIUITR1 |
| Branch code | AA5 |
| Bank | Banca Per Lo Sviluppo Della Coop. di Credito SPA |
| Branch | Filiale Messina |
| City | Messina |
| Country | Italy |
The way the Banca Per Lo Sviluppo Della Coop. di Credito SPA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SVIU Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- R1 Location code
- 2 characters for the city or region of the head office.
- AA5 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 SVIUITR1AA5?
SVIUITR1AA5 identifies Filiale Messina, a unit of Banca Per Lo Sviluppo Della Coop. di Credito SPA in Messina, Italy. Only use it if the recipient or their bank explicitly asks for it.
What is the best way to send money to Banca Per Lo Sviluppo Della Coop. di Credito SPA?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.
What does each part of SVIUITR1AA5 mean?
SVIU is the bank code of Banca Per Lo Sviluppo Della Coop. di Credito SPA, IT stands for Italy, R1 is the code for the city or region and AA5 is the code of the branch Filiale Messina.
How long does it take to send money to Banca Per Lo Sviluppo Della Coop. di Credito SPA?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need SVIUITR1AA5 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. If you send another currency you still need SVIUITR1AA5.
What happens if I use SVIUITR1AA5 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check SVIUITR1AA5 against the details from Banca Per Lo Sviluppo Della Coop. di Credito SPA before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.