SWIFT Code BCVAIT2VPAL — BANCA VALSABBINA S.C.P.A., PALAZZOLO SULL'OGLIO

About SWIFT Code BCVAIT2VPAL — BANCA VALSABBINA S.C.P.A., PALAZZOLO SULL'OGLIO

SWIFT code BCVAIT2VPAL is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCA VALSABBINA S.C.P.A. in PALAZZOLO SULL'OGLIO, 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 VALSABBINA S.C.P.A. for all outward international remittances from PALAZZOLO SULL'OGLIO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BCVAIT2VPAL

The code BCVAIT2VPAL follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BCVAIT2VPAL

Receiving International Wire Transfers

To receive money from abroad at your BANCA VALSABBINA S.C.P.A. account in PALAZZOLO SULL'OGLIO, share SWIFT code BCVAIT2VPAL 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 VALSABBINA S.C.P.A., PALAZZOLO SULL'OGLIO must provide SWIFT code BCVAIT2VPAL. 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 VALSABBINA S.C.P.A. in PALAZZOLO SULL'OGLIO rely on SWIFT code BCVAIT2VPAL 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 VALSABBINA S.C.P.A. →

For cheque clearing or NACH mandates, use the MICR code for BANCA VALSABBINA S.C.P.A. →

For TDS challan deposits, find the BSR code for BANCA VALSABBINA S.C.P.A. →

How SWIFT Code BCVAIT2VPAL Routes an International Transfer

1. Initiation: The sender provides SWIFT code BCVAIT2VPAL 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 VALSABBINA S.C.P.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCA VALSABBINA S.C.P.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BCVAIT2VPAL

• Spaces or lowercase letters — Always enter BCVAIT2VPAL uppercase with no spaces.
• Using the wrong city — This code is for PALAZZOLO SULL'OGLIO 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 BCVAIT2VPAL directly with BANCA VALSABBINA S.C.P.A.'s PALAZZOLO SULL'OGLIO branch or via the SWIFT BIC Directory.