When conducting international money transfers, have you ever struggled to locate the correct SWIFT/BIC code? For many, accurate banking codes are crucial to ensuring swift and secure fund transfers. For clients looking to transact with Italy's BANCA NAZIONALE DEL LAVORO S.P.A., knowing its correct SWIFT/BIC code is particularly important.
Key Banking Information
The SWIFT/BIC code for BANCA NAZIONALE DEL LAVORO S.P.A. is BNLIITRRANX . This financial institution, located in Ancona, Italy, operates from CORSO STAMIRA 10 . The code consists of 8 to 11 alphanumeric characters that identify the bank, country, location, and sometimes branch information.
Why Accuracy Matters
In international transactions, details make all the difference. Entering an incorrect SWIFT/BIC code may result in funds being routed to the wrong account or experiencing significant delays. Such errors not only disrupt transaction efficiency but could also lead to unnecessary financial complications. Therefore, always verify the bank name and all relevant details before initiating cross-border transfers.
Understanding SWIFT/BIC Structure
Recognizing how SWIFT/BIC codes are structured can provide valuable insight into international banking operations. Typically, the first four letters represent the bank code, followed by two letters identifying the country. The next one or two characters indicate the bank's location within a city, while the final three characters (optional) may specify a particular branch.
Whether you're an individual or a business conducting international transactions, confirming BANCA NAZIONALE DEL LAVORO S.P.A.'s SWIFT/BIC code is a critical step in ensuring smooth financial operations. Maintaining vigilance during every transfer helps guarantee secure and efficient movement of funds while building trust through error-free transactions.