When sending money internationally, ensuring funds reach the correct bank is crucial. Understanding SWIFT/BIC codes helps prevent complications during cross-border transfers. This guide provides detailed information about Intesa Sanpaolo SPA's SWIFT/BIC code and its proper usage.
Why SWIFT Codes Matter for International Transfers
Many individuals and businesses face challenges with international wire transfers, including delays or misdirected funds. The solution lies in correctly using the bank's SWIFT/BIC code—a unique identifier within the global financial network.
For Intesa Sanpaolo SPA, the official SWIFT/BIC code is BCITITMM 029 . This alphanumeric combination serves as the bank's international address, ensuring accurate routing of transactions.
Bank Details for Precise Transfers
The financial institution operates from its branch at VIA LICINIO REFICE 75, FROSINONE, FR, 03100, Italy. These precise details, combined with the correct SWIFT code, guarantee that funds reach their intended destination without errors.
Whether processing personal remittances or corporate transactions, using BCITITMM 029 significantly improves transfer efficiency and security. This standardized approach has become fundamental for international banking operations worldwide.
Best Practices for International Transfers
Before initiating any cross-border payment, always verify the recipient's SWIFT code. While this guide provides Intesa Sanpaolo's primary code, some branches may use variations. Confirming these details with the receiving party prevents potential issues.
The SWIFT network has revolutionized global finance by providing a secure, standardized method for international money movement. By correctly implementing these protocols, users benefit from faster, more reliable transactions.
Understanding and properly using Intesa Sanpaolo's SWIFT/BIC code BCITITMM 029 simplifies international banking operations. This knowledge empowers individuals and businesses to conduct cross-border transactions with confidence and precision.