In global financial transactions, selecting the right bank and correct SWIFT/BIC codes is crucial for ensuring safe and efficient fund transfers. Many individuals experience anxiety about potential delays or errors when uncertain about transfer information. Understanding the components of BANK CODE, COUNTRY CODE, LOCATION CODE, and BRANCH CODE is essential for successful international transactions.
Understanding SWIFT/BIC Codes
SWIFT/BIC codes consist of 8 to 11 alphanumeric characters that uniquely identify banks and their branches worldwide. The first four characters represent the bank code (for example, BNLI for BANCA NAZIONALE DEL LAVORO S.P.A.), followed by two characters indicating the country (IT for Italy). The next two characters (RR) specify the location, while the final three digits (ANX) identify a specific branch. Codes ending with "XXX" typically represent a bank's primary office.
Verifying Correct SWIFT/BIC Codes
Using accurate SWIFT codes prevents transfer issues and ensures fund security. Before sending money, verify these critical details:
- Bank confirmation: Double-check that the bank name matches the recipient's financial institution.
- Branch verification: When using branch-specific SWIFT codes, confirm the exact branch matches the recipient's location.
- Country alignment: Ensure the SWIFT code corresponds to the correct country for both sending and receiving banks.
SWIFT Information for BANCA NAZIONALE DEL LAVORO S.P.A.
- Bank Name: BANCA NAZIONALE DEL LAVORO S.P.A.
- SWIFT Code: BNLIITRRANX
- Bank Code: BNLI
- Country Code: IT
- Location Code: RR
- Branch Code: ANX
- Address: CORSO STAMIRA 10
- City: ANCONA
Efficient International Money Transfer Services
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With millions of satisfied users worldwide, these services have become the preferred choice for secure and efficient international money movement.