SWIFT/BIC code SVLRITM1XXX
SVLRITM1XXX belongs to Butterfly Spv S.r.l. in Milano, Italy.
Code details
| SWIFT/BIC code | SVLRITM1XXX |
|---|---|
| 8-character code | SVLRITM1 |
| Branch code | XXX |
| Bank | Butterfly Spv S.r.l. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Butterfly Spv S.r.l. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SVLR Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- XXX 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 institution is behind BIC SVLRITM1XXX?
The code SVLRITM1XXX belongs to the main office of Butterfly Spv S.r.l. in Milano, Italy. It is the code to use when you send money to an account at Butterfly Spv S.r.l..
What is the best way to send money to Butterfly Spv S.r.l. in Italy?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Does Butterfly Spv S.r.l. use only one SWIFT/BIC code?
Yes – SVLRITM1XXX is the only SWIFT/BIC code listed for Butterfly Spv S.r.l. in Italy, so you do not need to pick a branch code.
What does each part of SVLRITM1XXX stand for?
SVLR is the bank code of Butterfly Spv S.r.l., IT stands for Italy, M1 is the location code and XXX means the head office.
Is SVLRITM1 and SVLRITM1XXX the same code?
Yes, they are. SVLRITM1 is the 8-character version of SVLRITM1XXX. XXX simply means head office, so either version routes your payment to Butterfly Spv S.r.l. in Milano.
Do I need SVLRITM1XXX 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. For other currencies you still need SVLRITM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.