Spirica SWIFT/BIC code

Spirica SWIFT code: SIIRFRP1

The 8-character code SIIRFRP1 and the 11-character code SIIRFRP1XXX identify one and the same institution: Spirica. A SWIFT code shows the banks handling a payment exactly which bank is meant to get the money, much like a postcode for banks. It comes up mainly when dealing with transfers between countries.

Further down you will find the practical side: receiving money at Spirica, paying someone in another country and how to verify a SWIFT code before you hit send. The SWIFT code on its own does not identify a personal account; that is what the account number or IBAN is for.

Watch out for payment fraud

A common scam works like this: you receive a message claiming that a company now has a new bank account. That SIIRFRP1 is a real code is no guarantee that the account is genuine – fraudsters use real bank codes as well.

Always confirm changed bank details by phone on a number you know, not one from the message. Pressure or secrecy tend to be red flags. When a payment has already gone to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

People receiving money are targeted too: a classic trick is an overpayment followed by a request to send back the difference abroad. A screenshot of a transfer is no proof.

Before you send: check the Spirica code

The most reliable source for a SWIFT code is the bank details provided by the recipient. Compare it with SIIRFRP1 on this page and ask if anything does not match.

With a wrong code, the payment might get stuck, bounce back or cost extra. Do not forget the IBAN: a mistake there is harder to undo than a wrong code.

Most online banking apps check the structure of IBANs and some suggest the matching BIC, but that does not prove the account belongs to the right person. Some banks now check the name against the account. For a first payment, many people send a small amount first before sending the rest.

Receiving money from abroad at Spirica

To receive an international payment at Spirica, the sender has to have not just the BIC. Share the account holder’s name, the IBAN or account number, SWIFT code SIIRFRP1XXX and your address.

The sender’s bank might request the address of your bank. Double-check the details before you share them, because the sender’s bank usually copies them as is.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Fees for incoming transfers vary per bank; check the price list of Spirica. On invoices, you can state who bears the costs to avoid a shortfall.

Euro (EUR) and conversion costs

Accounts at Spirica are typically held in EUR, the national currency. If you send money in a different currency gets converted at some point. Each conversion eats into the amount, even when no fee is shown.

Where the conversion happens affects the final amount, since every bank sets its own rate. Often you pay less to send EUR directly via a transfer service with a good rate.

Exchange rates move all the time – some services let you fix a rate in advance. With bigger transfers, even small difference in the rate adds up quickly.

Tracking a transfer to or from Spirica

A SWIFT payment typically takes one to a few business days. Transfers sent after the cut-off time or on a weekend or public holiday usually go out a business day later. Compliance checks by one of the banks may also cause a delay, regardless of the details.

When a payment takes longer than expected, contact the sending bank about the status or the UETR. Save the payment confirmation; it contains the details a bank needs to start a trace.

A missing payment is traced by the sending bank on the basis of the transfer details. As a recipient, it helps to check your account for a partial amount.

Euro transfers to Spirica: is a BIC needed?

Inside SEPA, euro payments to Spirica follow the same rules. The BIC field is often optional for those payments.

You will still need SIIRFRP1XXX when sending payments in other currencies or money from outside the SEPA area. If your banking app has a field for the BIC regardless, entering SIIRFRP1 does no harm.

Instant euro transfers have become widely available across SEPA – whether Spirica offers them for your account is worth checking. As long as the payment stays in euros, the transfer tends to be inexpensive; costs rise once a conversion is involved.

Sending money abroad from Spirica

An international bank payment costs rather more than the fee suggests. Besides the transfer fee, banks in between may take a cut, and when currencies are converted the bank often applies a rate that is less favourable than the actual market rate.

The markup on the rate tends to be the largest cost, and it is easy to miss. Check the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

Specialist money transfer services frequently use rates closer to the mid-market rate and lower fees. Next time you send money, take a minute comparing what arrives via GoldexPay instead of going straight to your bank. Choosing a specialist does not mean closing your account at Spirica: you simply pay the service from your account.

8 or 11 characters: SIIRFRP1 versus SIIRFRP1XXX

The structure of a BIC never changes: four characters for the institution, a two-letter country code and a two-character location code. Combined, those parts form SIIRFRP1, the code most people search for.

The 11-character version adds three more characters for a branch or department. If the last three are XXX, the code points to the head office, which is why SIIRFRP1XXX and SIIRFRP1 lead to the same place.

As a rule the code is typed in capitals. Watch for O versus 0 and I versus 1.

Where our SWIFT data comes from

We collect SWIFT/BIC codes from public sources and check them regularly. It can happen that information on this page is no longer current. Counts and locations are from our directory and are not confirmed by Spirica.

See the information on this page as a handy check, and let the details from the recipient or Spirica have the final say. GoldexPay is not affiliated with Spirica; we are a comparison site for money transfers. Spotted an error? Let us know via our contact form so we can correct it.

Spirica: head office code versus branch codes

Our directory lists 2 SWIFT/BIC codes for Spirica, spread over 1 locations. Besides the head office code SIIRFRP1XXX, there are codes for individual branches and departments.

If nobody asks you for a branch code, use SIIRFRP1XXX. Just use a branch code when the recipient explicitly asks for it, for example on an invoice or in their bank details.

When in doubt, check with the recipient which code their bank gave them. Codes for branches are more prone to change than SIIRFRP1XXX.