SWIFT/BIC code SVIUITR1AC2
SVIUITR1AC2 belongs to Banca Per Lo Sviluppo Della Coop. di Credito SPA in Terranova da Sibari, Italy.
Code details
| SWIFT/BIC code | SVIUITR1AC2 |
|---|---|
| 8-character code | SVIUITR1 |
| Branch code | AC2 |
| Bank | Banca Per Lo Sviluppo Della Coop. di Credito SPA |
| Branch | — |
| City | Terranova da Sibari |
| Country | Italy |
How the Banca Per Lo Sviluppo Della Coop. di Credito SPA SWIFT/BIC is built up
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.
- AC2 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 branch uses SWIFT code SVIUITR1AC2?
The code SVIUITR1AC2 belongs to Banca Per Lo Sviluppo Della Coop. di Credito SPA, a branch or department of Banca Per Lo Sviluppo Della Coop. di Credito SPA in Terranova da Sibari, Italy. Only use it if the account is held at this specific branch.
What happens if I enter SVIUITR1AC2 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check SVIUITR1AC2 against the details from Banca Per Lo Sviluppo Della Coop. di Credito SPA before sending.
What is the cheapest way to send money to Banca Per Lo Sviluppo Della Coop. di Credito SPA in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
What does each part of SVIUITR1AC2 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 AC2 identifies the branch Banca Per Lo Sviluppo Della Coop. di Credito SPA.
Can I use SVIUITR1 instead of SVIUITR1AC2?
SVIUITR1 is the main office of Banca Per Lo Sviluppo Della Coop. di Credito SPA, while SVIUITR1AC2 points to Banca Per Lo Sviluppo Della Coop. di Credito SPA. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention SVIUITR1AC2.
Do I need SVIUITR1AC2 for a euro transfer to Italy?
Italy belongs to 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 still need SVIUITR1AC2.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.