Intesa Sanpaolo S.P.A.-Frankfurt SWIFT/BIC code

Intesa Sanpaolo S.P.A.-Frankfurt SWIFT code: BCITDEFF

BCITDEFF and BCITDEFFXXX are the short and the long form of the same SWIFT/BIC code, and both lead to Intesa Sanpaolo S.P.A.-Frankfurt in Frankfurt Am Main. A SWIFT code shows the sending bank which institution should receive the money, a bit like a postal address for banks. You will need it mostly when dealing with payments that cross a border and payments in foreign currencies.

Below you will find the practical side: money coming in from abroad, paying someone in another country and how to check the code before you hit send. Keep in mind that the BIC only identifies the bank, not the account: the IBAN or account number takes care of that.

Is BCITDEFF still correct? How to check

Have the recipient send you the bank details directly from a recent statement. If the code you have differs from BCITDEFF or BCITDEFFXXX, stop and ask: check with the recipient or with Intesa Sanpaolo S.P.A.-Frankfurt directly.

A wrong SWIFT code can cause a delay, a returned payment or extra fees for investigation. A mistake in the account number can be a bigger problem because it can reach the wrong person.

A format check by your bank merely tells you that the IBAN exists. If your bank offers it, a payee name check before sending gives an extra layer of safety. When you pay someone new, some people start with a small amount first before sending the rest.

Head office or branch code at Intesa Sanpaolo S.P.A.-Frankfurt?

We have 2 SWIFT/BIC codes for Intesa Sanpaolo S.P.A.-Frankfurt in 1 places. Besides the head office code BCITDEFFXXX, there are codes for branches, departments or specific services.

For most incoming transfers, the head office code BCITDEFFXXX works fine. When you receive a branch code, stick to it rather than replacing it with the head office code.

When in doubt, ask the person you are paying for the exact BIC in their bank details. Branch codes are more prone to be retired than BCITDEFFXXX.

Getting paid from abroad into a Intesa Sanpaolo S.P.A.-Frankfurt account

Someone abroad who wants to pay you needs a few details about your account – incomplete details often cause delays. That means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code BCITDEFFXXX (or BCITDEFF) and, often, your address.

The sender’s bank may request the bank address of Intesa Sanpaolo S.P.A.-Frankfurt. A typo in your account number is more trouble than you might think.

Money from abroad will not always arrive for the full amount. Intermediary banks may deduct a fee, and when currencies differ, an exchange rate margin applies. On invoices, you can agree who bears the costs.

What the XXX in BCITDEFFXXX means

The layout of a BIC never changes: four characters for the institution, a two-letter country code and two for the location, sometimes followed by a branch code. The result is BCITDEFF.

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, so BCITDEFFXXX and BCITDEFF are interchangeable.

Enter the code in one piece, in capitals and without separators. A single character can send a payment to another bank.

What a transfer from Intesa Sanpaolo S.P.A.-Frankfurt abroad really costs

What you pay for an international transfer has several parts, and the transfer fee is only the most visible one. You pay the fee for the transfer itself, possibly charges from correspondent banks along the way and, most importantly, the margin on the exchange rate if the currency changes.

The markup on the rate tends to be the biggest item because it is hidden in the rate. Check the rate you are offered with the mid-market rate; the gap is what conversion costs you.

Specialist money transfer services frequently use a rate near the mid-market rate with clearer fees. On GoldexPay you can compare what recipients receive with different providers. You can still use your account at Intesa Sanpaolo S.P.A.-Frankfurt.

Euro (EUR) and conversion costs

Germany pays in the Euro, code EUR. When you pay another currency it gets converted somewhere along the way – by your bank, by Intesa Sanpaolo S.P.A.-Frankfurt or by a bank in between. There is rarely a separate charge for that conversion – the cost sits in the rate.

Who converts the payment makes a difference. Check what EUR the recipient gets with different providers before choosing one.

Exchange rates move all the time, and some providers let you lock in a rate. If you pay regularly, small differences in the rate add up over time.

Scams that use SWIFT codes

Be alert if a contact suddenly wants you to send money to another account or a bank in another country. A valid SWIFT code tells you nothing about who owns the account – scammers simply use real codes.

Never rely on a phone number from the same email that announces the change. Urgency or requests to keep it quiet tend to be warning signs; a genuine business can wait for you to check. If a payment has already gone to the wrong account, call your bank right away.

Fraud also target the receiver. Someone claims to have sent more than agreed and asks you to return the extra via a different route. A payment confirmation from the sender is no proof.

How up to date is this code?

The directory on GoldexPay is based on publicly available sources. Institutions reorganise, change names and change codes, and a directory never catches every change immediately. The number of codes we show reflect our own data, not official figures from Intesa Sanpaolo S.P.A.-Frankfurt.

Use our data as a reference, not as the final word – the bank details from the recipient are leading. GoldexPay is not affiliated with Intesa Sanpaolo S.P.A.-Frankfurt. If you notice a mistake, we appreciate a short note via the contact page.

Tracking a transfer to or from Intesa Sanpaolo S.P.A.-Frankfurt

How fast a transfer arrives at Intesa Sanpaolo S.P.A.-Frankfurt depends on a few things: which currency you send, the number of banks in between, daily processing deadlines and differences in time zone. Transfers sent after the cut-off time or on weekends and holidays often go out a business day later. Compliance checks by one of the banks can also cause a delay.

A growing number of banks are connected to SWIFT gpi. Each gpi transfer carries a unique transaction reference, the UETR that banks can use to trace it. Save your transfer receipt.

If a payment has not arrived after a few business days, the sender needs to start with the bank that sent it. As a recipient, it helps to check your account to see a slightly lower amount, since fees may have been deducted.

Paying Intesa Sanpaolo S.P.A.-Frankfurt in euros within SEPA

Within the SEPA zone, euro payments to Intesa Sanpaolo S.P.A.-Frankfurt follow the same rules and in most cases need only the IBAN. A field for the BIC is usually optional or missing for those payments.

For anything other than euros and from non-SEPA countries, BCITDEFFXXX or BCITDEFF remains required. If a payment form has a field for the BIC regardless, entering BCITDEFF does no harm.

Euro payments within SEPA usually arrive within one business day; instant payments are faster if both banks offer them. As long as no currency is converted, a SEPA transfer tends to be cheap; it is the conversion that costs money.