SWIFT Code BITAITR1247 — BANCA D'ITALIA, REGGIO NELL'EMILIA

About SWIFT Code BITAITR1247 — BANCA D'ITALIA, REGGIO NELL'EMILIA

SWIFT code BITAITR1247 is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCA D'ITALIA in REGGIO NELL'EMILIA, 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 REGGIO NELL'EMILIA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BITAITR1247

The code BITAITR1247 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BITAITR1247

Receiving International Wire Transfers

To receive money from abroad at your BANCA D'ITALIA account in REGGIO NELL'EMILIA, share SWIFT code BITAITR1247 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, REGGIO NELL'EMILIA must provide SWIFT code BITAITR1247. 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 REGGIO NELL'EMILIA rely on SWIFT code BITAITR1247 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 BITAITR1247 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BITAITR1247 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 BITAITR1247

• Spaces or lowercase letters — Always enter BITAITR1247 uppercase with no spaces.
• Using the wrong city — This code is for REGGIO NELL'EMILIA 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 BITAITR1247 directly with BANCA D'ITALIA's REGGIO NELL'EMILIA branch or via the SWIFT BIC Directory.