Banco di San Giorgio S.P.A.(Ubi Banca Group) SWIFT/BIC code

What BPGGITG1 means for a payment to Banco di San Giorgio S.P.A.(Ubi Banca Group)

The short code BPGGITG1 and the full code BPGGITG1XXX refer to the same bank: Banco di San Giorgio S.P.A.(Ubi Banca Group). Every bank on the SWIFT network uses these codes to direct payments between countries to the correct institution. It comes up mainly for payments that cross a border or a currency.

We wrote this page to help anyone who pays into an account at Banco di San Giorgio S.P.A.(Ubi Banca Group) and wants to get the details right. Keep in mind that the BIC just identifies the bank, not the person: the account number or IBAN takes care of that.

International transfers from Banco di San Giorgio S.P.A.(Ubi Banca Group): the real cost

What you pay for an international transfer has more than one component, and the transfer fee is only the most visible one. Besides a fixed fee, correspondent or intermediary banks can deduct a fee, and if currencies are converted, the bank usually applies a rate below the actual market rate.

The real cost is often in the rate, not in the fee: the bank converts using an exchange rate that includes a margin. An easy check: put the bank’s rate against the mid-market rate and look at the difference.

Specialised transfer providers often use a rate near the mid-market rate and lower fees. Next time you send money, it is worth to compare the total cost via GoldexPay. You can always keep your account at Banco di San Giorgio S.P.A.(Ubi Banca Group) to fund the transfer, while a cheaper service handles the conversion.

Receiving money from abroad at Banco di San Giorgio S.P.A.(Ubi Banca Group)

Someone abroad who wants to pay you needs a few details about your account. Give them the account holder’s name, the IBAN or account number, SWIFT code BPGGITG1XXX and your address.

Some banks want the address of Banco di San Giorgio S.P.A.(Ubi Banca Group); it does no harm to include it. Check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

The amount you receive is often less than the amount sent. Correspondent banks can take a fee, Banco di San Giorgio S.P.A.(Ubi Banca Group) may charge for incoming payments, and when currencies differ, a markup on the rate applies. Make clear with the sender who covers the fees.

Do you need BPGGITG1 for a SEPA transfer?

Italy is a member of the SEPA area, where euro transfers follow common rules. For a regular euro transfer within SEPA, the IBAN is usually enough; many banks no longer ask for the BIC.

For anything other than euros and from non-SEPA countries, BPGGITG1XXX or BPGGITG1 is still required. If your banking app has a field for the BIC regardless, entering BPGGITG1 does no harm.

Euro payments within SEPA normally land by the next business day. As long as no currency is converted, the transfer is cheap.

BPGGITG1 or BPGGITG1XXX – which one to use?

The layout of a BIC never changes: four characters for the institution, a two-letter country code and a two-character location code, plus an optional branch code. Combined, these eight characters form BPGGITG1 – the version you usually see online.

XXX at the end of BPGGITG1XXX is not a missing value or a mistake: it indicates the head office of Banco di San Giorgio S.P.A.(Ubi Banca Group). Certain payment forms ask for 11 characters, in which case you can enter XXX behind BPGGITG1.

Enter the code as one block, in capitals and without separators, exactly as shown here. Look out for the letter O and the digit 0 or I versus 1, a common source of typos.

A note on our data

The codes on this page are taken from publicly available data. Even so, banks merge or retire codes and our data may lag behind. The figures we show reflect what is in our directory and not on information from Banco di San Giorgio S.P.A.(Ubi Banca Group) itself.

See our directory on this page as a helpful check, and let the details from the recipient or Banco di San Giorgio S.P.A.(Ubi Banca Group) have the final say. GoldexPay is an independent comparison site for money transfers and not part of Banco di San Giorgio S.P.A.(Ubi Banca Group). Found outdated information? Tell us via our contact form so we can correct it.

Tracking a transfer to or from Banco di San Giorgio S.P.A.(Ubi Banca Group)

A SWIFT payment typically needs anywhere from one to several business days – it depends on currency, route and the banks in between. Weekends and public holidays in the sending or receiving country add extra days, since banks do not process on those days. Sometimes a bank asks what the payment is for.

A growing number of banks use SWIFT gpi. Every gpi transfer carries a unique reference, the UETR. Keep your transfer receipt until the money has arrived; 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. Ask the sender for a copy of the payment confirmation; that often settles the question quickly.

Banco di San Giorgio S.P.A.(Ubi Banca Group): head office code versus branch codes

With 51 codes in 30 locations, Banco di San Giorgio S.P.A.(Ubi Banca Group) belongs to the banks that register individual codes for branches and departments. The main code remains BPGGITG1XXX.

Usually you do not need to look up a branch: payments addressed to BPGGITG1XXX reach Banco di San Giorgio S.P.A.(Ubi Banca Group) correctly. A branch code only makes sense when the recipient’s bank explicitly mentions it.

Unsure which code applies? Check with the recipient, or look at a recent statement from Banco di San Giorgio S.P.A.(Ubi Banca Group). Branch codes can change when banks reorganise, so a code from an old document is not always valid.

Is BPGGITG1 still correct? How to check

The most reliable place for the correct BIC is a document from the bank itself like a bank statement or the account page in online banking. Compare it with BPGGITG1 here.

A wrong SWIFT code may lead to delays, a returned payment or additional charges. A mistake in the account number is a bigger problem, because the money may be credited to someone else, so check that just as carefully.

Most online banking apps check the format of IBANs and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. More and more banks check the payee name with the account; take any warning seriously. Sending a small amount first can be a sensible step for a large first payment.

Changed bank details? Be careful

Scammers often use payment requests with changed bank details. That BPGGITG1 is a real code is no guarantee that the account is genuine – fraudsters use real bank codes as well.

Verify new bank details through a different channel, never via the email that asked for the change. Watch out for time pressure, unusual wording or a sender address that is slightly off. If money was sent to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Fraud also target the receiver. Someone claims to have sent too much and wants you to return the extra. Wait until the money is actually in your account and check with Banco di San Giorgio S.P.A.(Ubi Banca Group) if anything seems off.

Sending EUR to Banco di San Giorgio S.P.A.(Ubi Banca Group)

The local currency in Italy is the Euro (EUR). Money sent in a different currency will be converted into EUR before it reaches the account – and the bank that does it picks the rate. Every conversion eats into the amount, even when no fee is shown.

Which bank converts the payment matters. Often it is cheaper to send EUR straight away through a transfer service with a good rate, so that the receiving bank does not need to convert again.

The EUR rate fluctuates constantly and quotes are often valid only for a short time. If you pay regularly, small differences in the rate add up over a year.