SWIFT/BIC code SVIUITR1AB5
SVIUITR1AB5 belongs to Banca Per Lo Sviluppo Della Coop. di Credito SPA in Este, Italy.
Code details
| SWIFT/BIC code | SVIUITR1AB5 |
|---|---|
| 8-character code | SVIUITR1 |
| Branch code | AB5 |
| Bank | Banca Per Lo Sviluppo Della Coop. di Credito SPA |
| Branch | — |
| City | Este |
| Country | Italy |
How the Banca Per Lo Sviluppo Della Coop. di Credito SPA SWIFT/BIC is structured
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.
- AB5 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 BIC SVIUITR1AB5?
SVIUITR1AB5 identifies Banca Per Lo Sviluppo Della Coop. di Credito SPA, a unit of Banca Per Lo Sviluppo Della Coop. di Credito SPA in Este, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need SVIUITR1AB5 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. For other currencies you do need SVIUITR1AB5.
How long does a transfer to Banca Per Lo Sviluppo Della Coop. di Credito SPA take in Italy?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
What is the best way to send money to Banca Per Lo Sviluppo Della Coop. di Credito SPA?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send – the difference can be large.
What do the letters in SVIUITR1AB5 stand for?
SVIU is the institution code of Banca Per Lo Sviluppo Della Coop. di Credito SPA, IT is the ISO code of Italy, R1 is the location code and AB5 identifies the department Banca Per Lo Sviluppo Della Coop. di Credito SPA.
What happens if I enter SVIUITR1AB5 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check SVIUITR1AB5 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.