Sanfelice 1893 Banca Popolare SWIFT/BIC code

SFSPIT22 – the SWIFT/BIC code of Sanfelice 1893 Banca Popolare

The 8-character code SFSPIT22 and the full code SFSPIT22XXX refer to one and the same institution: Sanfelice 1893 Banca Popolare in San Felice Sul Panaro, Italy. Every bank on the SWIFT network uses BIC codes to direct payments between countries to the correct institution. You will need it mostly for payments that cross a border or a currency.

On this page you will find what the code is put together, when you need it and which other details you need for a transfer to or from Sanfelice 1893 Banca Popolare. Remember that the BIC only identifies the bank, not the account: the IBAN or account number takes care of that.

Sanfelice 1893 Banca Popolare: head office code versus branch codes

Sanfelice 1893 Banca Popolare uses 25 different SWIFT/BIC codes. Only one is the head office code, SFSPIT22XXX; the rest identify branches or departments.

Usually there is no need to pick a branch: payments sent to SFSPIT22XXX reach Sanfelice 1893 Banca Popolare without problems. When you receive a branch code, stick to it rather than swapping it for the head office code.

The best way is to take the code directly from the account holder’s statement. Codes for branches are more prone to change than SFSPIT22XXX.

Protect yourself against fake payment requests

Scammers often send fake invoices with changed bank details. A real SWIFT code says nothing about whether the request is genuine.

Verify new bank details via a different channel, such as a phone number you already know, never via the email that asked for the change. Be suspicious of time pressure, odd spelling or a sender address that is slightly off. Acted too fast? Call the bank you paid from straight away and have them start a recall and report the fraud.

People receiving money can be targeted as well: a classic trick is an overpayment and then sends a request to refund the difference. A payment confirmation from the sender is no proof – check your own account.

Paying Sanfelice 1893 Banca Popolare in euros within SEPA

Within the SEPA zone, euro transfers to Sanfelice 1893 Banca Popolare use the same rules. The BIC field is usually optional or missing for those payments.

For anything other than euros and for senders outside SEPA, SFSPIT22XXX or SFSPIT22 remains required. If your banking app asks for the BIC anyway, entering SFSPIT22 does no harm.

Instant euro transfers have become increasingly available within SEPA; check with Sanfelice 1893 Banca Popolare whether it applies to your account. Provided no currency is converted, the transfer is cheap.

Verifying the SWIFT code of Sanfelice 1893 Banca Popolare

The most reliable source for a SWIFT code is the bank details provided by the recipient. Compare that code against SFSPIT22 here; if they differ, ask before you pay.

With a wrong code, the transfer may be delayed, be returned or end up costing more. Remember the account number: an error there can be more difficult to correct than a wrong BIC.

An automatic check in your banking app only tells you that the IBAN exists. Where available, a payee name check before sending gives extra certainty. Sending a small amount first is a sensible step for large sums despite the extra fee.

About this information

We gather bank codes from publicly available data and check them regularly. Even so, banks merge or change codes. The figures we show reflect what is in our directory.

Treat the information on this page as a helpful check. GoldexPay is a comparison service for money transfers and not part of Sanfelice 1893 Banca Popolare. Found outdated information? Tell us via our contact form.

Euro (EUR) and conversion costs

Italy uses the Euro, code EUR. When you pay money in a different currency, the amount has to be converted somewhere along the way – by your bank, by Sanfelice 1893 Banca Popolare or by a bank in between. You rarely see a separate line for the conversion; it is built into the rate.

Where the conversion happens has an effect on the final amount, since every bank sets its own rate. In many cases it is cheaper if you send EUR straight away via a provider that converts near the mid-market rate.

The rate for EUR changes constantly. If you pay regularly, small differences in the rate add up over time.

8 or 11 characters: SFSPIT22 versus SFSPIT22XXX

Each SWIFT/BIC code has the same eight core characters: four letters for the bank, two letters for the country and two characters for the location. The result is SFSPIT22.

Most banks and apps work with either length. If a form requires eleven characters, enter SFSPIT22XXX; if it wants eight, use SFSPIT22.

Do not add spaces, dots when you enter SFSPIT22. Look out for O versus 0 or the letter I and the digit 1.

Receiving money from abroad at Sanfelice 1893 Banca Popolare

To receive a transfer from abroad into your account at Sanfelice 1893 Banca Popolare, the person paying you needs more than the BIC. That means: your name exactly as it appears on the account, your IBAN or account number, the BIC SFSPIT22XXX (or SFSPIT22) and, often, your postal address.

It helps to include the bank name and its city too. A typo in your account number is harder to fix than you might think.

What lands in your account can be less than the amount sent. Intermediary banks may deduct a fee, Sanfelice 1893 Banca Popolare may charge for incoming payments, and when currencies differ, an exchange rate margin applies. On invoices, it is common to state how the fees are split to avoid a shortfall.

What a transfer from Sanfelice 1893 Banca Popolare abroad really costs

The price of an international transfer has more than one component, and the transfer fee is only the most visible one. Besides a fixed fee, banks in between may take a cut, and when the money changes currency the bank often uses a rate that is less favourable than the real market rate.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert using an exchange rate that includes a margin. An easy check: put the rate you get against the mid-market rate and look at the difference.

For many routes, a specialist provider is cheaper than a traditional bank transfer, mainly because of the exchange rate. On GoldexPay you can compare the amount that arrives with different services, so you can pick the cheapest route. Using a transfer service does not mean leaving Sanfelice 1893 Banca Popolare: you simply pay the service from your account.

Tracking a transfer to or from Sanfelice 1893 Banca Popolare

An international transfer typically takes anywhere from one to several business days – it depends on currency, route and the banks in between. Payments made after the cut-off time or on a weekend or public holiday usually start the next business day. Compliance checks by one of the banks can also cause a delay.

A growing number of 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, which your bank can use to see where the money is. Money transfer services usually provide tracking online showing how far the payment is.

If the money does not arrive after a few business days, the person who paid needs to contact their own bank rather than Sanfelice 1893 Banca Popolare. As a recipient, it helps to look at your account to see a partial amount.