SWIFT Code BITAITR1244 — BANCA D'ITALIA, PARMA

About SWIFT Code BITAITR1244 — BANCA D'ITALIA, PARMA

SWIFT code BITAITR1244 is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCA D'ITALIA in PARMA, 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 D'ITALIA for all outward international remittances from PARMA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BITAITR1244

The code BITAITR1244 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BITAITR1244

Receiving International Wire Transfers

To receive money from abroad at your BANCA D'ITALIA account in PARMA, share SWIFT code BITAITR1244 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 D'ITALIA, PARMA must provide SWIFT code BITAITR1244. 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 D'ITALIA in PARMA rely on SWIFT code BITAITR1244 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 D'ITALIA →

For cheque clearing or NACH mandates, use the MICR code for BANCA D'ITALIA →

For TDS challan deposits, find the BSR code for BANCA D'ITALIA →

How SWIFT Code BITAITR1244 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BITAITR1244 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 D'ITALIA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCA D'ITALIA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BITAITR1244

• Spaces or lowercase letters — Always enter BITAITR1244 uppercase with no spaces.
• Using the wrong city — This code is for PARMA 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 BITAITR1244 directly with BANCA D'ITALIA's PARMA branch or via the SWIFT BIC Directory.