SWIFT/BIC code VAPSITM1XXX
VAPSITM1XXX belongs to Variel Spv S.r.l. in Milano, Italy.
Code details
| SWIFT/BIC code | VAPSITM1XXX |
|---|---|
| 8-character code | VAPSITM1 |
| Branch code | XXX |
| Bank | Variel Spv S.r.l. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Variel Spv S.r.l. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- VAPS 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 SWIFT code VAPSITM1XXX?
VAPSITM1XXX is the SWIFT/BIC code of the headquarters of Variel Spv S.r.l. in Milano, Italy. It is the code to use when a payment to Variel Spv S.r.l. does not need a specific branch.
How long does it take to send money to Variel Spv S.r.l. in Italy?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need VAPSITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need VAPSITM1XXX.
Are VAPSITM1 and VAPSITM1XXX the same SWIFT code?
Yes, they are. VAPSITM1 is the 8-character version of VAPSITM1XXX. XXX simply refers to the head office, so either version will reach Variel Spv S.r.l. in Milano.
What is the cheapest way to send money to Variel Spv S.r.l.?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Does Variel Spv S.r.l. have a single SWIFT/BIC code?
Yes – VAPSITM1XXX is the only SWIFT/BIC code we have for Variel Spv S.r.l. in Italy, so you do not need to pick a branch code.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.