Epsilon Sgr S.P.A. SWIFT/BIC code

What EPSGIT41 means for a payment to Epsilon Sgr S.P.A.

If an invoice shows EPSGIT41 or EPSGIT41XXX, you are looking at the identical identifier for Epsilon Sgr S.P.A. in Italy. The code has a single purpose: it makes sure that money from abroad reaches the right bank. In daily life you mostly see the code on international invoices, in payment forms and in the bank details that Epsilon Sgr S.P.A. provides.

Below we go through the practical side: money coming in from abroad, paying someone in another country and how to verify the code before you confirm a payment. The SWIFT code alone does not identify an individual account holder; that is what the account number or IBAN .

Incoming international payments to Epsilon Sgr S.P.A.

When you are waiting for money from abroad, give the sender everything they need in one go. The basics are: the account holder’s name, IBAN or account number, EPSGIT41XXX or EPSGIT41 and in many cases your home address.

It helps to include Epsilon Sgr S.P.A. and Milano too. Double-check every detail before you send them, because the sender’s bank usually copies them as is.

An incoming payment will not always land for the full amount. Fees for incoming transfers vary per bank; check the price list of Epsilon Sgr S.P.A.. Agree with the sender who pays which costs, especially for larger amounts.

SEPA payments and the Epsilon Sgr S.P.A. BIC

Italy belongs to the SEPA area. When you send euros from another SEPA country, you normally only need the IBAN and the BIC is often filled in automatically.

A SWIFT code like EPSGIT41 does matter for payments in other currencies. A few forms still ask for the BIC out of habit; if so, fill in EPSGIT41 or EPSGIT41XXX.

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

Sending money abroad from Epsilon Sgr S.P.A.

What you pay for a payment abroad is made up of more than one component – not just the fee on your screen. You pay the fee for the transfer itself, possibly charges from correspondent banks in between and, most importantly, the exchange rate markup if the currency changes.

The real cost is often in the rate, not in the fee: many banks convert at a rate that includes a margin. An easy check: put the rate you get next to the mid-market rate and work out the difference on your amount.

For many routes, a transfer service turns out to be cheaper than a bank. GoldexPay lists transfer providers next to each other, showing what actually arrives. Using a transfer service does not mean leaving Epsilon Sgr S.P.A. – you pay the provider from your own account.

Tracking a transfer to or from Epsilon Sgr S.P.A.

There is no fixed delivery time for every transfer: many land within a day. Transfers sent after the cut-off time or just before a weekend or public holiday usually start a business day later. Sometimes a bank wants to know what the payment is for before releasing it.

Many banks are connected to SWIFT gpi. Every gpi transfer carries a unique 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 should start with their own bank rather than Epsilon Sgr S.P.A.. On the receiving end, it helps to check your statements to see a slightly lower amount because fees can reduce the amount.

Protect yourself against fake payment requests

One of the most common tricks works like this: an email arrives with a request saying that a contact now has new bank details. The fact that EPSGIT41 exists is no guarantee that the account is genuine; criminals use the codes of real banks too.

Do not rely on contact details from the same email that announces the change. Watch out for time pressure, odd spelling or a sender address that is slightly off. Acted too fast? Contact your bank straight away and ask them to start a recall.

Scams can also work the other way: someone claims to have sent too much and wants you to return the difference. A payment confirmation from the sender is no proof.

EPSGIT41 or EPSGIT41XXX – which one to use?

The structure of every SWIFT code is always the same: a bank code of four letters, a two-letter country code and a two-character location code. Combined, these eight characters make up EPSGIT41, the code most people search for.

Many payment forms accept both lengths. If yours requires eleven characters, enter EPSGIT41XXX; if it wants eight, use EPSGIT41.

Type the code in one piece, in capitals and without spaces. Pasting the code is safer than typing it by hand, because one wrong letter changes the bank.

About this information

Our SWIFT/BIC directory draws on publicly available sources and is updated regularly. Banks reorganise, change names and retire codes, and a directory never catches every change immediately. Counts and locations are from our directory.

Use our data as a reference, rather than as the final word: the recipient’s bank details come first. GoldexPay is a comparison service and not affiliated with Epsilon Sgr S.P.A.. Spotted outdated information? Let us know through the contact page.

The Euro and what conversion costs you

Italy uses the Euro, code EUR. Money sent in a different currency will be exchanged into EUR before it reaches the account. Each conversion eats into something, even when no fee is shown.

Where the conversion happens affects how much arrives. Often it is cheaper if you send EUR straight away through a transfer service that converts near the mid-market rate rather than letting the receiving bank convert.

Exchange rates change during the day, and some providers let you lock in a rate. For regular payments, a slightly better rate add up over a year.

Before you send: check the Epsilon Sgr S.P.A. code

Ask the recipient to copy their bank details straight from a recent statement. Compare that code with EPSGIT41 on this page; if they differ, ask before you pay.

Errors in the BIC are annoying more than fatal – usually the money comes back, minus fees and time lost. Do not forget the IBAN: a mistake there is harder to correct than a wrong BIC.

An automatic check in your banking app merely confirms that the IBAN is valid – not that it belongs to the person you mean to pay. If your bank offers it, a payee name check before sending gives extra certainty. A small test payment can be a sensible step for large sums.

Which of the 2 codes of Epsilon Sgr S.P.A. do you need?

Epsilon Sgr S.P.A. has 2 different SWIFT/BIC codes across 1 cities. One of them is the head office code; the others belong to branches or departments, and sometimes internal departments.

If nobody asks you for a branch code, use EPSGIT41XXX. Branch codes are only needed if the account holder explicitly asks for it.

If you are not sure, ask the person you are paying for the exact BIC in their bank details. Codes for branches are more likely to change than EPSGIT41XXX when a bank merges or closes offices.