SWIFT/BIC code TECVITM1XXX
TECVITM1XXX belongs to Tech-Value S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | TECVITM1XXX |
|---|---|
| 8-character code | TECVITM1 |
| Branch code | XXX |
| Bank | Tech-Value S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Tech-Value S.P.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TECV 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 SWIFT code TECVITM1XXX?
TECVITM1XXX is the SWIFT/BIC code of the main office of Tech-Value S.P.A. in Milano, Italy. Use it when a payment to Tech-Value S.P.A. does not need a specific branch.
Does Tech-Value S.P.A. use only one SWIFT/BIC code?
Yes – TECVITM1XXX is the only SWIFT/BIC code we have for Tech-Value S.P.A. in Italy, so there is no branch code to choose.
What is the cheapest way to send money to Tech-Value S.P.A. in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send – the difference can be large.
Are TECVITM1 and TECVITM1XXX the same SWIFT code?
Yes. TECVITM1 is the 8-character version of TECVITM1XXX. The XXX at the end only means head office, so both will reach Tech-Value S.P.A. in Milano.
What do the letters in TECVITM1XXX stand for?
TECV is the bank code of Tech-Value S.P.A., IT is the ISO code of Italy, M1 is the location code and XXX marks the head office.
How long does it take to send money to Tech-Value S.P.A.?
SEPA payments in euros 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.