SWIFT/BIC code VARRITM1XXX
VARRITM1XXX belongs to Vatec S.r.l. in Milano, Italy.
Code details
| SWIFT/BIC code | VARRITM1XXX |
|---|---|
| 8-character code | VARRITM1 |
| Branch code | XXX |
| Bank | Vatec S.r.l. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Vatec S.r.l. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- VARR 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 uses SWIFT/BIC code VARRITM1XXX?
VARRITM1XXX is the SWIFT/BIC code of the head office of Vatec S.r.l. in Milano, Italy. Use it when you send money to an account at Vatec S.r.l..
What is the cheapest way to send money to Vatec 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 transfer services before you send.
Does Vatec S.r.l. have a single SWIFT/BIC code?
Yes, VARRITM1XXX is the only SWIFT/BIC code listed for Vatec S.r.l. in Italy, so there is no branch code to choose.
How long does a transfer to Vatec S.r.l. take in Italy?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need VARRITM1XXX 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 VARRITM1XXX.
Is VARRITM1 and VARRITM1XXX the same code?
Yes. VARRITM1 is the 8-character version of VARRITM1XXX. The XXX at the end only means head office, so both will reach Vatec 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.