SWIFT Code SVTUIT21 — BANCA SVILUPPO TUSCIA SPA, VITERBO

About SWIFT Code SVTUIT21 — BANCA SVILUPPO TUSCIA SPA, VITERBO

SWIFT code SVTUIT21 is the official 8-character head-office BIC (Bank Identifier Code) for BANCA SVILUPPO TUSCIA SPA in VITERBO, 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 SVILUPPO TUSCIA SPA for all outward international remittances from VITERBO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SVTUIT21

The code SVTUIT21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SVTUIT21

Receiving International Wire Transfers

To receive money from abroad at your BANCA SVILUPPO TUSCIA SPA account in VITERBO, share SWIFT code SVTUIT21 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 SVILUPPO TUSCIA SPA, VITERBO must provide SWIFT code SVTUIT21. 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 SVILUPPO TUSCIA SPA in VITERBO rely on SWIFT code SVTUIT21 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 SVILUPPO TUSCIA SPA →

For cheque clearing or NACH mandates, use the MICR code for BANCA SVILUPPO TUSCIA SPA →

For TDS challan deposits, find the BSR code for BANCA SVILUPPO TUSCIA SPA →

How SWIFT Code SVTUIT21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SVTUIT21 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 SVILUPPO TUSCIA SPA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCA SVILUPPO TUSCIA SPA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SVTUIT21

• Spaces or lowercase letters — Always enter SVTUIT21 uppercase with no spaces.
• Using the wrong city — This code is for VITERBO 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 SVTUIT21 directly with BANCA SVILUPPO TUSCIA SPA's VITERBO branch or via the SWIFT BIC Directory.