SWIFT/BIC code TORAITR1XXX
TORAITR1XXX belongs to Torresi e Associati in Roma, Italy.
Code details
| SWIFT/BIC code | TORAITR1XXX |
|---|---|
| 8-character code | TORAITR1 |
| Branch code | XXX |
| Bank | Torresi e Associati |
| Branch | Head office |
| City | Roma |
| Country | Italy |
How the Torresi e Associati SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TORA 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.
- 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/BIC code TORAITR1XXX?
TORAITR1XXX is the SWIFT/BIC code of the headquarters of Torresi e Associati in Roma, Italy. It is the code to use when a payment to Torresi e Associati does not need a specific branch.
What does each part of TORAITR1XXX stand for?
TORA is the bank code of Torresi e Associati, IT stands for Italy, R1 is the code for the city or region and XXX means the main office.
Is TORAITR1 and TORAITR1XXX the same SWIFT code?
Yes. TORAITR1 is the short version of TORAITR1XXX. The XXX at the end only refers to the head office, so both will reach Torresi e Associati in Roma.
How long does a transfer to Torresi e Associati 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.
Do I need TORAITR1XXX to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need TORAITR1XXX.
What is the best way to send money to Torresi e Associati in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.