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What is an SWIFT/BIC Code?

SWIFT codes means Society of Worldwide Interbank Financial Telecommunication Code. The Swift/BIC code is used to identify a particular branch of a bank or financial institution & it'll help you to transfer money internationaly and executor for cross-border payments.

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Italy Information

About Italy

Italy is part of the continent of Europe. The Capital of Italy is: Rome. Capital timezone is: Europe/Rome. Currency is: Euro.
Language Codes of Italy : it-IT,de-IT,fr-IT,sc,ca,co,sl
Languages speak in Italy : Italian (official), German (parts of Trentino-Alto Adige region are predominantly German-speaking), French (small French-speaking minority in Valle d'Aosta region), Slovene (Slovene-speaking minority in the Trieste-Gorizia area)
ISO Alpha-2 Code of Italy is : IT
ISO Alpha-3 Code of Italy is : ITA
ISO 3166-1 numeric (or numeric-3) Code of Italy is : 380
ISD Code of Italy is : +39
FIPS (Federal Information Processing System) Code is : IT
E.164 (The international telephone numbering plan) : 39
The top label domain of the Italy is : .it
Internet host in Italy is : 25662000
Internet users in Italy is : 29235000
Mobile phones in Italy is : 97225000
Landline phone in Italy is : 21656000
Area of Italy is : 301230 KM2
GEO Name ID Italy is : 3175395
GDP of Italy is : $2068000000000

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SWIFT / BIC Code


What is SWIFT/BIC Code?

SWIFT codes are abbreviations for the Society of Worldwide Interbank Financial Telecommunication Code. A SWIFT code is a code that is used to identify the country, bank, and branch of an account. A SWIFT code is also known as a BIC (Bank Identifier Code), but they are the same thing.


Formation of SWIFT Code

The Swift Code is either eight or eleven digits long and a combination of letters and numbers.

  • The first four characters of the swift code are the bank code.
  • The next two digits are the country code.
  • The next two digits are the location code, and
  • The last three digits are optional and aid in identifying the specific bank branch.

Applications of SWIFT Code/BIC Code

The following are some examples of SWIFT or BIC code applications:

  • The Swift/BIC code is used to identify a specific branch of a bank or financial institution.
  • It aids in international money transfers and acts as an executor for cross-border payments.

Example: Breakdown of SWIFT/BIC Code

A

B

C

D

1

2

3

4

5

6

7

Bank Code

Country ISO Code

Location Code

Branch Code
(Optional)

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