Telecom Italia Sparkle S.P.A. SWIFT/BIC code

Telecom Italia Sparkle S.P.A. SWIFT code: TISIITRR

The 8-character code TISIITRR and the 11-character code TISIITRRXXX identify the same bank: Telecom Italia Sparkle S.P.A., with its head office in Roma. A SWIFT code shows the banks handling a payment which institution should receive the money, much like a postcode for banks. You will need it mainly for transfers between countries and payments in foreign currencies.

We wrote this page to help anyone who sends money to an account at Telecom Italia Sparkle S.P.A. and wants to get the details right. The SWIFT code on its own does not identify a personal account; that is what the account number or IBAN .

What a transfer from Telecom Italia Sparkle S.P.A. abroad really costs

The price of a payment abroad has more than one component – not just the fee on your screen. There is the fee for the transfer itself, possibly fees charged by intermediary banks along the way and, most importantly, the margin on the exchange rate if the currency changes.

That exchange rate margin is often the largest cost even though it is not listed as a fee. Check the rate you are offered against the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

Specialised transfer providers frequently use rates closer to the mid-market rate. GoldexPay lists these services next to each other, showing what actually arrives for the same amount sent. You can always use your account at Telecom Italia Sparkle S.P.A..

When will the money arrive at Telecom Italia Sparkle S.P.A.?

A SWIFT payment usually needs one to a few 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 often go out the next business day. Occasionally a bank wants to know what the payment is for, which can hold things up.

A growing number of banks use SWIFT gpi for faster and traceable payments. Every payment carries a unique transaction reference, the UETR. Money transfer services often provide tracking in their app so you can see where the payment is.

If a payment has not arrived within the expected time, the person who paid should contact the bank that sent it, not the receiving bank. As a recipient, it helps to look at your statements to see a partial amount because fees can reduce the amount.

SEPA payments and the Telecom Italia Sparkle S.P.A. BIC

Italy is a member of the Single Euro Payments Area (SEPA). For a regular euro transfer within SEPA, you normally only need the IBAN and the BIC is often filled in automatically.

You still need TISIITRRXXX when sending non-euro payments or money from outside the SEPA area. A few forms still show a field for the BIC; if so, enter TISIITRR.

SEPA transfers usually arrive within one business day. Charges on SEPA transfers tend to be low as long as everything stays in euros.

Getting paid from abroad into a Telecom Italia Sparkle S.P.A. account

A sender in another country will ask for a few details from you, and missing ones are a common cause of delays. What they need is: the account holder’s name, account number or IBAN, TISIITRRXXX and often your postal address.

It helps to add Telecom Italia Sparkle S.P.A. and its city too, because some payment forms have separate fields for them. Check the details before you share them – a sender rarely spots a mistake in someone else’s details.

Do not be surprised if the amount credited is smaller than what the sender paid. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the currency changes, a markup on the rate applies. For business payments, it is common to state who bears the costs to avoid a shortfall.

Changed bank details? Be careful

Scammers regularly use payment requests with changed bank details. The fact that TISIITRR exists is no guarantee that the account is legitimate; criminals use the codes of real banks too.

Before paying, verify a change of bank details by phone on a number you know, not one from the message. Pressure or secrecy tend to be red flags; a genuine business can wait for you to check. If a payment has already gone to a fraudster, call your bank right away.

Scams can also target the receiver: someone claims to have sent too much and wants you to refund the difference. A screenshot of a transfer proves nothing; only your own account shows what has arrived.

The Euro and what conversion costs you

Italy uses the Euro (EUR). When you pay another currency, the amount has to be converted at some point – by your bank, by Telecom Italia Sparkle S.P.A. or by a bank in between. Every conversion eats into the amount – usually through the rate rather than a fee.

Who converts the money matters, because each party uses its own rate. Often it is cheaper if you send EUR directly via a provider that converts near the mid-market rate.

The rate for EUR fluctuates throughout the day and quotes are often valid only for a short time. For recurring payments, a slightly better rate add up over time.

Before you send: check the Telecom Italia Sparkle S.P.A. code

Ask the recipient to copy the bank details directly from a recent statement. If the code you have does not match TISIITRR or TISIITRRXXX, do not guess.

If the code is wrong, the payment might be delayed, be returned or end up costing more. A mistake in the IBAN or account number can be more serious, so check that just as carefully.

Most online banking apps check the format of IBANs, but that does not prove the account belongs to the right person. If your bank offers it, a payee name check before sending gives an extra layer of safety. For a first payment, some people send a small amount first.

Telecom Italia Sparkle S.P.A.: head office code versus branch codes

We have 2 SWIFT/BIC codes for Telecom Italia Sparkle S.P.A., spread over 2 cities. Besides the head office code TISIITRRXXX, there are codes for individual branches and departments.

If nobody asks you for a branch code, go with TISIITRRXXX. Branch codes are only needed if the account holder explicitly asks for it, which is more common for business accounts and trade services.

Unsure which code applies? Ask the recipient, or look at a recent statement from Telecom Italia Sparkle S.P.A.. Branch codes are sometimes changed or retired over time, so a code from an old document is not always valid.

A note on our data

We collect SWIFT/BIC codes using public sources and check our list regularly. It can happen that information on this page is out of date after a merger or reorganisation. The number of codes on this page reflect our own data, not official figures from Telecom Italia Sparkle S.P.A..

Before any payment that matters, confirm the BIC with the recipient’s bank or the recipient. GoldexPay is independent of Telecom Italia Sparkle S.P.A.; we are a comparison site for money transfers. If you notice a mistake, we welcome a message via the contact page.

What the XXX in TISIITRRXXX means

Each SWIFT/BIC code has an 8-character core: a four-letter bank code, two letters for the country and two characters for the location. Together, these eight characters form TISIITRR.

The full version adds a three-character extension for a branch or department. When those three characters are XXX, they simply mean the head office.

Enter the code in one piece, in upper case and without spaces, exactly as shown here. Watch for O versus 0 or the letter I and the digit 1; they are easy to mix up.