SWIFT/BIC code SVTSITM1XXX
SVTSITM1XXX belongs to Spv Project 1514 S.r.l. in Milano, Italy.
Code details
| SWIFT/BIC code | SVTSITM1XXX |
|---|---|
| 8-character code | SVTSITM1 |
| Branch code | XXX |
| Bank | Spv Project 1514 S.r.l. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Spv Project 1514 S.r.l. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SVTS 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 bank is behind BIC SVTSITM1XXX?
SVTSITM1XXX is the SWIFT/BIC code of the head office of Spv Project 1514 S.r.l. in Milano, Italy. Use it when you send money to an account at Spv Project 1514 S.r.l..
What happens if I use SVTSITM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check SVTSITM1XXX with the recipient before you confirm.
What is the cheapest way to send money to Spv Project 1514 S.r.l. in Italy?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
Do I need SVTSITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need SVTSITM1XXX.
How long does a transfer to Spv Project 1514 S.r.l. take in Italy?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Are SVTSITM1 and SVTSITM1XXX the same SWIFT code?
Yes. SVTSITM1 is the short version of SVTSITM1XXX. The XXX at the end only refers to the head office, so either version routes your payment to Spv Project 1514 S.r.l. in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.