When making international wire transfers, ensuring your funds reach the correct bank account is crucial. For those conducting transactions with Italy's Intesa Sanpaolo SPA, knowing the correct SWIFT/BIC code is essential. The bank's SWIFT code is BCITITMM071 , and using the accurate details helps prevent delays or errors in processing.
Below are the key details associated with this code:
- Bank Name: Intesa Sanpaolo SPA
- City: Assago
- Address: Palazzo B 7 Floor 5, Strada Milanofiori 3, Assago, MI, 20090
- Country: Italy
When Is the SWIFT Code BCITITMM071 Required?
SWIFT codes serve as the global language of financial transactions, ensuring secure and reliable transfers to the intended bank account. Whether you are an individual sending money abroad or a business engaging in international trade, verifying the correct SWIFT code is a critical step. Before initiating a transfer, always double-check that the SWIFT code matches the recipient bank.
Decoding BCITITMM071
The structure of BCITITMM071 follows standard SWIFT/BIC conventions, consisting of 8 to 11 characters. These alphanumeric sequences precisely identify banks and their branches worldwide, minimizing the risk of misdirected payments.
SWIFT/BIC codes play a vital role in financial transactions by enhancing efficiency and reducing potential risks. To ensure smooth and secure fund transfers, always verify banking details before submitting a transaction. Additionally, be aware of any associated fees and processing times to plan accordingly.
In summary, whether you are an individual or a business conducting international transactions with Intesa Sanpaolo SPA, using the correct SWIFT/BIC code is essential for a seamless transfer. To avoid complications, carefully review all details before confirming a transaction, ensuring timely and accurate delivery of funds.