SWIFT Code POSOIT2109M — BANCA POPOLARE DI SONDRIO, CREMA

About SWIFT Code POSOIT2109M — BANCA POPOLARE DI SONDRIO, CREMA

SWIFT code POSOIT2109M is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCA POPOLARE DI SONDRIO in CREMA, 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 POPOLARE DI SONDRIO for all outward international remittances from CREMA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code POSOIT2109M

The code POSOIT2109M follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code POSOIT2109M

Receiving International Wire Transfers

To receive money from abroad at your BANCA POPOLARE DI SONDRIO account in CREMA, share SWIFT code POSOIT2109M 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 POPOLARE DI SONDRIO, CREMA must provide SWIFT code POSOIT2109M. 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 POPOLARE DI SONDRIO in CREMA rely on SWIFT code POSOIT2109M 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 POPOLARE DI SONDRIO →

For cheque clearing or NACH mandates, use the MICR code for BANCA POPOLARE DI SONDRIO →

For TDS challan deposits, find the BSR code for BANCA POPOLARE DI SONDRIO →

How SWIFT Code POSOIT2109M Routes an International Transfer

1. Initiation: The sender provides SWIFT code POSOIT2109M 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 POPOLARE DI SONDRIO.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCA POPOLARE DI SONDRIO receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code POSOIT2109M

• Spaces or lowercase letters — Always enter POSOIT2109M uppercase with no spaces.
• Using the wrong city — This code is for CREMA 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 POSOIT2109M directly with BANCA POPOLARE DI SONDRIO's CREMA branch or via the SWIFT BIC Directory.