SWIFT Code BNGPIT21 — BENETTON GROUP S.P.A., PONZANO VENETO

About SWIFT Code BNGPIT21 — BENETTON GROUP S.P.A., PONZANO VENETO

SWIFT code BNGPIT21 is the official 8-character head-office BIC (Bank Identifier Code) for BENETTON GROUP S.P.A. in PONZANO VENETO, 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 BENETTON GROUP S.P.A. for all outward international remittances from PONZANO VENETO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BNGPIT21

The code BNGPIT21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BNGPIT21

Receiving International Wire Transfers

To receive money from abroad at your BENETTON GROUP S.P.A. account in PONZANO VENETO, share SWIFT code BNGPIT21 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 BENETTON GROUP S.P.A., PONZANO VENETO must provide SWIFT code BNGPIT21. 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 BENETTON GROUP S.P.A. in PONZANO VENETO rely on SWIFT code BNGPIT21 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 BENETTON GROUP S.P.A. →

For cheque clearing or NACH mandates, use the MICR code for BENETTON GROUP S.P.A. →

For TDS challan deposits, find the BSR code for BENETTON GROUP S.P.A. →

How SWIFT Code BNGPIT21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BNGPIT21 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 BENETTON GROUP S.P.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BENETTON GROUP S.P.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BNGPIT21

• Spaces or lowercase letters — Always enter BNGPIT21 uppercase with no spaces.
• Using the wrong city — This code is for PONZANO VENETO 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 BNGPIT21 directly with BENETTON GROUP S.P.A.'s PONZANO VENETO branch or via the SWIFT BIC Directory.