SWIFT/BIC code SVIUITR1AC4
SVIUITR1AC4 belongs to Banca Per Lo Sviluppo Della Coop. di Credito SPA in Corigliano Calabro, Italy.
Code details
| SWIFT/BIC code | SVIUITR1AC4 |
|---|---|
| 8-character code | SVIUITR1 |
| Branch code | AC4 |
| Bank | Banca Per Lo Sviluppo Della Coop. di Credito SPA |
| Branch | — |
| City | Corigliano Calabro |
| 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.
- AC4 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 BIC SVIUITR1AC4?
The code SVIUITR1AC4 belongs to Banca Per Lo Sviluppo Della Coop. di Credito SPA, a unit of Banca Per Lo Sviluppo Della Coop. di Credito SPA in Corigliano Calabro, Italy. Only use it if the recipient or their bank explicitly asks for it.
Do I need SVIUITR1AC4 to send euros 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 do need SVIUITR1AC4.
What does each part of SVIUITR1AC4 mean?
SVIU is the bank code of Banca Per Lo Sviluppo Della Coop. di Credito SPA, IT is the ISO code of Italy, R1 is the location code and AC4 identifies the department Banca Per Lo Sviluppo Della Coop. di Credito SPA.
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, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
What happens if I use SVIUITR1AC4 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check SVIUITR1AC4 against the details from Banca Per Lo Sviluppo Della Coop. di Credito SPA before you confirm.
Can I use SVIUITR1 instead of SVIUITR1AC4?
SVIUITR1 points to the main office of Banca Per Lo Sviluppo Della Coop. di Credito SPA, while SVIUITR1AC4 is Banca Per Lo Sviluppo Della Coop. di Credito SPA. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention SVIUITR1AC4.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.