Banca del Piemonte SWIFT/BIC code

What BDCPITTT means for a payment to Banca del Piemonte

BDCPITTT and BDCPITTTXXX are the short and the long form of the same SWIFT/BIC code, and both lead to Banca del Piemonte in Torino. A SWIFT code shows the sending bank which institution should receive the money, a bit like a postal address for banks. It comes up mainly when dealing with payments that cross a border and payments in foreign currencies.

On this page you can read how the code is put together, when it matters and what else a transfer to or from Banca del Piemonte requires. Keep in mind that the BIC just identifies the bank, not the person: the account number or IBAN does that part.

Is BDCPITTT still correct? How to check

The best place to find the right code is a document from the bank itself like a bank statement or the account page in online banking. If the code you have does not match BDCPITTT or BDCPITTTXXX, do not guess.

An incorrect BIC can cause a delay, a returned payment or extra fees. An error in the account number is a bigger problem, because the money may be credited to someone else; check it just as carefully.

Many banking apps validate the format of IBANs and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. Where available, a name check before sending gives extra certainty. A small test payment can be worth it for large sums, even if it costs an extra fee.

8 or 11 characters: BDCPITTT versus BDCPITTTXXX

A BIC is made up of a few fixed parts: the first four letters identify the bank, characters five and six show the country and characters seven and eight mark the location. The result is BDCPITTT for Banca del Piemonte.

XXX at the end of BDCPITTTXXX does not stand for a placeholder or a mistake: it stands for the head office of Banca del Piemonte. Certain payment forms insist on 11 characters, and then you simply add XXX behind BDCPITTT.

In practice the code is typed in capitals. Watch for the letter O and the digit 0 and I versus 1; they are easy to mix up.

Getting paid from abroad into a Banca del Piemonte account

A sender in another country will ask for a few details from you. Share the account holder’s name, your account number or IBAN, SWIFT code BDCPITTTXXX and your address, which some banks require.

Certain banks also ask for the bank’s address in Torino, so keep it at hand. A typo in the IBAN is harder to fix than it looks, so copy the details from your online banking.

Expect that the amount credited is below what the sender paid. Fees for incoming transfers differ per bank – the price list of Banca del Piemonte tells you what applies. Agree with the sender who pays which costs before the money is sent.

Sending money abroad from Banca del Piemonte

If you transfer money to another country from Banca del Piemonte, the visible fee is rarely all of the cost. You pay the transfer fee, sometimes fees charged by intermediary banks in between and, above all, the margin on the exchange rate when the money is converted.

That exchange rate margin is often the largest item, and it is easy to miss. Compare the rate you are offered with the mid-market rate; the gap is what conversion costs you.

For a lot of currency pairs, a transfer service turns out to be less expensive than a traditional bank transfer – mostly thanks to the rate. GoldexPay compares transfer providers next to each other so you can see what actually arrives before you commit. You can always use your account at Banca del Piemonte.

Which of the 57 codes of Banca del Piemonte do you need?

We have 57 SWIFT/BIC codes for Banca del Piemonte, spread over 44 cities. Next to the head office code BDCPITTTXXX, you will find codes for individual branches and departments.

For most payments to a private or business account, the head office code BDCPITTTXXX is the right choice. When you receive a branch code, stick to it rather than swapping it for the head office code.

Unsure which code applies? Ask the recipient, or look at a recent statement from Banca del Piemonte. Codes for branches are more prone to be retired than BDCPITTTXXX.

Euro transfers to Banca del Piemonte: is a BIC needed?

Since Italy is in SEPA, a euro payment to Banca del Piemonte from within the SEPA area normally requires just an IBAN. Most banking apps no longer ask for the BIC in that case.

For anything other than euros and for senders outside SEPA, BDCPITTTXXX or BDCPITTT remains part of the payment details. If your banking app has a field for the BIC regardless, adding BDCPITTT is fine.

Instant euro transfers have become widely available within SEPA – whether Banca del Piemonte offers them for your account is worth checking. Fees for SEPA transfers tend to be low as long as everything stays in euros.

Transfer times and tracking a payment to Banca del Piemonte

How quickly a transfer arrives at Banca del Piemonte is determined by a few things: which currency you send, how many intermediary banks are involved, daily processing deadlines and time zones. Bank holidays in either country can add a day or more to the journey. Compliance checks on larger or unusual payments can also add a delay.

When a payment takes longer than expected, contact the sending bank about the tracking status or the UETR. Save your transfer receipt until the recipient confirms – you will need it for any trace request.

The bank that sent the money can start an official trace – the recipient’s bank often cannot see a payment that has not arrived. Request from the sender the payment receipt.

Sending EUR to Banca del Piemonte

The local currency in Italy is the Euro (EUR). When you pay another currency gets converted at some point – by your bank, by Banca del Piemonte or by a bank in between. There is rarely a separate line for that conversion; it is built into the rate.

Who does the conversion affects how much arrives, as rates and margins differ per bank. Sending the money directly in EUR usually avoids an extra conversion by Banca del Piemonte – as long as your own rate is good.

Exchange rates change all the time, and some providers let you lock in a rate. For recurring payments, a slightly better rate make a real difference over a year.

Protect yourself against fake payment requests

Be wary if a contact suddenly wants you to send money to a different account. A real SWIFT code tells you nothing about whether the request is genuine: scammers use real codes of real banks.

Do not trust a phone number from the same email that announces the change. Be suspicious of time pressure, unusual wording or an email address that differs by one letter. If money has already gone to a fraudster, call your bank right away – speed improves the chance of getting it back.

Scams can also target the receiver. Someone claims to have sent too much and wants you to return the extra via a different route. A payment confirmation from the sender proves nothing – check your own account.

About this information

We gather SWIFT/BIC codes from public sources and update them from time to time. Even so, banks merge, rename themselves or change codes and our data may lag behind. The number of codes on this page are based on our own data, not official figures from Banca del Piemonte.

See our directory on this page as a handy check and rely on the recipient or Banca del Piemonte for the final confirmation. GoldexPay is independent of Banca del Piemonte. Should you notice something that is out of date, we appreciate a message.