SWIFT/BIC code VELIITG1XXX
VELIITG1XXX belongs to Velier SPA in Genova, Italy.
Code details
| SWIFT/BIC code | VELIITG1XXX |
|---|---|
| 8-character code | VELIITG1 |
| Branch code | XXX |
| Bank | Velier SPA |
| Branch | Head office |
| City | Genova |
| Country | Italy |
How the Velier SPA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- VELI Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- G1 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 BIC VELIITG1XXX?
VELIITG1XXX identifies the main office of Velier SPA in Genova, Italy. Use it when a payment to Velier SPA does not need a specific branch.
What happens if I enter VELIITG1XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check VELIITG1XXX against the details from Velier SPA before sending.
Does Velier SPA have only one SWIFT/BIC code?
Yes – VELIITG1XXX is the single SWIFT/BIC code listed for Velier SPA in Italy, so there is no branch code to choose.
What do the letters in VELIITG1XXX mean?
VELI is the bank code of Velier SPA, IT is the ISO code of Italy, G1 is the code for the city or region and XXX marks the head office.
Do I need VELIITG1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need VELIITG1XXX.
How long does it take to send money to Velier SPA in Italy?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.