SWIFT/BIC codes in Italy: banks starting with T

SWIFT/BIC codes in Italy

For Italy we have 26259 SWIFT/BIC codes. You need such a code mainly when making international transfers.

Each bank has its own page showing the head office code and if there are any, codes for branches and departments. Further down you can read how codes from Italy are built, how to send money to Italy at a fair price and what to check before you pay.

Tracking a payment to Italy

There is no single delivery time for payments to Italy: some arrive within a day, others take several business days. Payments made after the cut-off time or on a weekend or public holiday usually go out the next business day.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every payment gets a unique reference, the UETR. Save the payment confirmation.

Unicredit SPA and its SWIFT codes

Of all banks we list for Italy, Unicredit SPA has the most SWIFT codes. The head office of Unicredit SPA uses UNCRITM1001 and that code covers most payments.

A large number of codes often reflects separate codes for branches, departments or services. If not the recipient asks for a branch, UNCRITM1001 is fine for a payment to Unicredit SPA.

Paying in euros to Italy

Italy is part of the Single Euro Payments Area (SEPA), the zone for uniform euro payments. When you send euros within SEPA, you normally only need the IBAN.

A SWIFT code still come into play when the currency is not euros and when the money comes from outside SEPA. Instant payments in euros have become increasingly supported within SEPA. Provided the payment stays in euros, the transfer is usually cheap.

What the letters in a Italy BIC mean

SWIFT/BIC codes follow one international format: eight characters plus an optional three-character extension. First comes a four-letter bank code, then a two-letter country code and a two-character location code.

You can spot a bank code from Italy from letters five and six: they always show the ISO country code of Italy. If those two letters do not match Italy, you are looking at a bank somewhere else.

The optional last three characters identify a branch or department; XXX means the head office. Use a branch code just if the recipient’s bank asks for it – otherwise stick with the head office.

Getting paid from abroad into an account in Italy

If you are waiting for a payment from another country in Italy, send the payer a complete set of details. Share the account holder’s name, your account number or IBAN, the BIC of your bank and your address, which some banks require.

Your bank’s code is in the list on this page, yet the version on your own statement or in your banking app is leading. Certain banks may also want the name and address of your bank; it does no harm to include it.

What lands in your account is often less than the amount sent. Charges on incoming payments differ from bank to bank; check the price list of your bank. Make clear with the sender who pays which costs, especially for larger amounts.

Sending money to Italy for less

A bank transfer to Italy can cost rather more than the fee suggests. Besides a fixed fee, intermediary banks may take a cut and, if currencies are converted, the bank usually uses a rate below the actual market rate.

That exchange rate margin is often the biggest part of the cost, even though it is not listed as a fee. Compare the bank’s rate against the mid-market rate, the midpoint you see on financial news sites.

Specialised transfer providers frequently use a rate near the mid-market rate with clearer fees. GoldexPay compares transfer services side by side so you can see the amount that reaches the recipient.

The Euro (EUR) and conversion costs

Most accounts in Italy are typically held in EUR, the local currency. When you pay another currency, it gets converted at some point: by your bank, an intermediary or the receiving bank.

Who converts the money makes a difference. Check how much EUR the recipient gets via several services. With bigger transfers, even a small gap in the rate adds up quickly.

Banks in Italy starting with :letter

You are looking at a selection: just banks in Italy whose name begins with :letter. The totals on this page apply to all 3414 banks, not just the ones under :letter.

If a bank does not appear under :letter, try the full list. The full overview for Italy remains available when the letter filter does not help.

About our data and how to check a code

The safest source for the BIC is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. An incorrect BIC can cause delays, a returned payment or extra fees, so compare it with the list on this page.

This list is compiled from public sources and is updated regularly. Institutions reorganise, change names and retire codes – a directory can be a step behind. For any payment of any size, check the code with the recipient’s bank. GoldexPay is an independent comparison site and has no link to the banks in this list.

Watch out for payment requests with a new account – a common fraud method. A valid BIC says nothing about who owns the account – scammers use the codes of real banks.