SWIFT/BIC code SVIUITR1AD5
SVIUITR1AD5 belongs to Banca Sviluppo SPA in Milano, Italy.
Code details
| SWIFT/BIC code | SVIUITR1AD5 |
|---|---|
| 8-character code | SVIUITR1 |
| Branch code | AD5 |
| Bank | Banca Sviluppo SPA |
| Branch | — |
| City | Milano |
| Country | Italy |
The way the Banca Sviluppo 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.
- AD5 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/BIC code SVIUITR1AD5?
The code SVIUITR1AD5 belongs to Banca Sviluppo SPA, a unit of Banca Sviluppo SPA in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
What is the cheapest way to send money to Banca Sviluppo SPA?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
What happens if I use SVIUITR1AD5 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check SVIUITR1AD5 with the recipient before you confirm.
Do I need SVIUITR1AD5 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need SVIUITR1AD5.
Does Banca Sviluppo SPA use only one SWIFT/BIC code?
Yes – SVIUITR1AD5 is the only SWIFT/BIC code we have for Banca Sviluppo SPA in Italy, so you do not need to pick a branch code.
How long does a transfer to Banca Sviluppo SPA take?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.