Question 1

What is the SWIFT code for Bank of Italy (Central Bank)?

Accepted Answer

The SWIFT/BIC code for Bank of Italy (Central Bank) is BITAITRR. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to Bank of Italy (Central Bank)?

Accepted Answer

To send money internationally to Bank of Italy (Central Bank), provide your bank with the SWIFT/BIC code BITAITRR (ROMA, Italy) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is Bank of Italy (Central Bank) a SEPA member?

Accepted Answer

Yes, Bank of Italy (Central Bank) is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN — no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code BITAITRR mean?

Accepted Answer

In the BIC code BITAITRR: "BITA" is the institution code identifying Bank of Italy (Central Bank), "IT" is the ISO 3166-1 country code for Italy, and "RR" is the location code indicating the bank's city or timezone zone.

BITAITRR

Frequently Asked Questions