Cassa Lombarda SPA SWIFT/BIC code

Cassa Lombarda SPA SWIFT code: LOMCIT21

The 8-character code LOMCIT21 and the full code LOMCIT21XXX identify one and the same institution: Cassa Lombarda SPA in Milano, Italy. Banks worldwide use these codes to direct international transfers to the right bank. It comes up mainly when dealing with transfers between countries.

This page is meant to help people who receives money at an account at Cassa Lombarda SPA. The SWIFT code alone does not identify a personal account; that is what the IBAN or account number .

Paying someone abroad from your Cassa Lombarda SPA account

The price of a payment abroad has several parts. On top of a fixed fee, banks in between can take a cut, and when currencies are converted the bank often uses a rate below the real market rate.

Banks rarely list the margin on the rate separately – you only notice it if you compare. An easy check: set the bank’s rate next to the mid-market rate and work out the difference on your amount.

Specialist money transfer services frequently use a rate near the mid-market rate. GoldexPay compares these services next to each other so you can see the amount the recipient gets. Using a transfer service does not require closing your account at Cassa Lombarda SPA – you pay the provider from your own account.

Protect yourself against fake payment requests

Be alert when a contact unexpectedly wants you to pay into a different account abroad. A correct SWIFT code tells you nothing about who owns the account – scammers simply use real codes.

Verify new bank details through a separate channel like a call to a number from an earlier contract. Urgency or requests to keep it quiet are warning signs – a real supplier can wait a day. When money was sent to the wrong account, contact your bank immediately.

People receiving money are targeted too: a classic trick is an overpayment followed by a request to send back the difference. A payment confirmation from the sender is no proof – check your own account.

Transfer times and tracking a payment to Cassa Lombarda SPA

How quickly a payment arrives at Cassa Lombarda SPA depends on several factors: the currency, how many intermediary banks are involved, cut-off times and differences in time zone. Weekends and public holidays in the sending or receiving country can add a day or more. Compliance checks on larger or unusual payments may also add some delay.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer gets a unique transaction reference, the UETR. Keep the payment confirmation; it contains the details a bank needs to start a trace.

A delayed transfer has to be investigated by the sending bank. Request from the sender a copy of the payment confirmation – it helps your own bank look for the money.

Why Cassa Lombarda SPA has an 8- and an 11-character code

Each SWIFT/BIC code has an 8-character core: a four-letter bank code, a two-letter country code and two characters for the location. Combined, those parts form LOMCIT21 – the version you usually see online.

Many payment forms work with both lengths. If a form requires eleven characters, use LOMCIT21XXX.

Do not add spaces, dots when you type LOMCIT21; the code is always written in one block. A wrong letter may route the money to a different institution, so copy it carefully.

Head office or branch code at Cassa Lombarda SPA?

Having 7 codes in 5 cities, Cassa Lombarda SPA belongs to the banks that register individual codes for parts of the organisation. The main code is LOMCIT21XXX.

For the vast majority of payments to a private or business account, the head office code LOMCIT21XXX works fine. Branch codes are only needed if the account holder specifically asks for it, which is more common for business accounts and specialised services.

The safest approach is to copy the code directly from the account holder’s bank details. Branch codes are more prone to change than the head office code.

About this information

The details here come from public sources which we refresh regularly. It is possible that information on this page is out of date after a merger or reorganisation. Figures such as the number of codes come from our directory and may differ from what Cassa Lombarda SPA publishes.

Before any payment of any size, check the BIC with Cassa Lombarda SPA or the recipient. GoldexPay is independent of Cassa Lombarda SPA; we are a comparison site for money transfers. If you notice something that is out of date, we appreciate a short note.

Euro (EUR) and conversion costs

Italy uses the Euro (EUR). A payment in a foreign currency will be exchanged into EUR – and the bank that does it picks the rate. You rarely see a separate charge for the conversion.

Which bank converts the payment matters, because each party uses its own rate. Compare how much EUR arrives with several providers; the difference between options can be larger than you expect.

The EUR rate fluctuates throughout the day, so the amount you see is usually only valid for a short time. If you pay regularly, a slightly better rate add up over a year.

Paying Cassa Lombarda SPA in euros within SEPA

Since Italy is in SEPA, a euro payment to Cassa Lombarda SPA from within the SEPA area normally only needs an IBAN. Many banks no longer ask for the BIC in that case or fill it in for you.

You still need LOMCIT21XXX for non-euro payments or transfers from countries outside SEPA. If a payment form asks for the BIC anyway, entering LOMCIT21 does no harm.

Instant payments in euros are increasingly available across SEPA; check with Cassa Lombarda SPA whether it applies to your account. As long as no currency is converted, a SEPA transfer is cheap.

Getting paid from abroad into a Cassa Lombarda SPA account

Someone abroad who wants to pay you needs a few details about your account, and missing ones are a common cause of delays. In practice that means: your full name as registered with Cassa Lombarda SPA, your IBAN or account number, the SWIFT/BIC code LOMCIT21XXX and, often, your postal address.

The sender’s bank may also ask for the address of your bank; the head office in Milano is usually fine. Double-check each detail before you share them.

Money from abroad will not always land in full. Fees for incoming transfers differ per bank – the price list of Cassa Lombarda SPA tells you what applies. For business payments, you can agree who bears the costs.

Verifying the SWIFT code of Cassa Lombarda SPA

Ask the recipient to send you their account details directly from a recent statement. If the code you have does not match LOMCIT21 or LOMCIT21XXX, stop and ask.

Mistakes in the BIC are annoying more than fatal. An error in the account number is more serious, because the money may be credited to someone else, so check that just as carefully.

A validity check by your bank only tells you that the IBAN exists. More and more banks check the name with the account before you confirm; take any warning seriously. A small test payment can be a sensible step for large sums, even if it costs an extra fee.