SWIFT Code BAMAIT31357 — BANCA DELLE MARCHE SPA, OSTRA

About SWIFT Code BAMAIT31357 — BANCA DELLE MARCHE SPA, OSTRA

SWIFT code BAMAIT31357 is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCA DELLE MARCHE SPA in OSTRA, Italy. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BANCA DELLE MARCHE SPA for all outward international remittances from OSTRA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BAMAIT31357

The code BAMAIT31357 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BAMAIT31357

Receiving International Wire Transfers

To receive money from abroad at your BANCA DELLE MARCHE SPA account in OSTRA, share SWIFT code BAMAIT31357 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BANCA DELLE MARCHE SPA, OSTRA must provide SWIFT code BAMAIT31357. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BANCA DELLE MARCHE SPA in OSTRA rely on SWIFT code BAMAIT31357 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANCA DELLE MARCHE SPA →

For cheque clearing or NACH mandates, use the MICR code for BANCA DELLE MARCHE SPA →

For TDS challan deposits, find the BSR code for BANCA DELLE MARCHE SPA →

How SWIFT Code BAMAIT31357 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BAMAIT31357 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BANCA DELLE MARCHE SPA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCA DELLE MARCHE SPA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BAMAIT31357

• Spaces or lowercase letters — Always enter BAMAIT31357 uppercase with no spaces.
• Using the wrong city — This code is for OSTRA only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Italy.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BAMAIT31357 directly with BANCA DELLE MARCHE SPA's OSTRA branch or via the SWIFT BIC Directory.