SWIFT/BIC code TORRITM1XXX
TORRITM1XXX belongs to Towers 5 S.r.l. in Milano, Italy.
Code details
| SWIFT/BIC code | TORRITM1XXX |
|---|---|
| 8-character code | TORRITM1 |
| Branch code | XXX |
| Bank | Towers 5 S.r.l. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Towers 5 S.r.l. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TORR 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
What bank uses SWIFT/BIC code TORRITM1XXX?
TORRITM1XXX is the SWIFT/BIC code of the main office of Towers 5 S.r.l. in Milano, Italy. It is the code to use when a payment to Towers 5 S.r.l. does not need a specific branch.
What is the best way to send money to Towers 5 S.r.l. in Italy?
Many banks 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 enter TORRITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check TORRITM1XXX with the recipient before you confirm.
Do I need TORRITM1XXX to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you do need TORRITM1XXX.
How long does it take to send money to Towers 5 S.r.l.?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 2–4 business days.
Is TORRITM1 and TORRITM1XXX the same SWIFT code?
Yes, they are. TORRITM1 is the 8-character version of TORRITM1XXX. The XXX at the end only refers to the head office, so both will reach Towers 5 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.