In global financial transactions, ensuring that funds are transferred accurately and securely to the intended account is a critical concern. One indispensable tool for achieving this is the SWIFT code. Today, we examine the SWIFT/BIC code for Italy’s BANCA NAZIONALE DEL LAVORO S.P.A. and how to use it correctly for international transfers.
Understanding SWIFT Codes
A SWIFT code, also known as a Bank Identifier Code (BIC), is essential for international bank transfers. This alphanumeric combination uniquely identifies a specific bank, ensuring funds are routed safely and efficiently to the correct account. For BANCA NAZIONALE DEL LAVORO S.P.A., the SWIFT code is BNLIITRRANX , with its headquarters in Ancona, Italy.
Bank Name: BANCA NAZIONALE DEL LAVORO S.P.A.
SWIFT/BIC Code: BNLIITRRANX
City: Ancona
Address: CORSO STAMIRA 10, ANCONA, AN, 60122
Country: Italy
Structure of a SWIFT Code
Every SWIFT code consists of 8 to 11 characters:
- The first four characters represent the bank code.
- The next two characters denote the country code.
- The following two characters indicate the location code.
- The final three characters (if present) specify the branch code.
Ensuring Accurate Transfers
To avoid delays or misdirected funds, always verify the correct SWIFT code before initiating an international transfer. When sending or receiving funds with BANCA NAZIONALE DEL LAVORO S.P.A., the SWIFT code BNLIITRRANX must be used.
Before proceeding with any cross-border transaction, it is advisable to confirm all details with your bank or a financial expert. Additionally, understanding the regulations and requirements of the recipient’s country can help prevent complications.
Proper use of SWIFT codes enhances transfer efficiency and safeguards your funds. Whether you are sending money to BANCA NAZIONALE DEL LAVORO S.P.A. or another international institution, ensuring the accuracy of these details is paramount for a seamless transaction.