SWIFT Code BORFIT21 — BORMIOLI ROCCO E FIGLIO SPA, PARMA

About SWIFT Code BORFIT21 — BORMIOLI ROCCO E FIGLIO SPA, PARMA

SWIFT code BORFIT21 is the official 8-character head-office BIC (Bank Identifier Code) for BORMIOLI ROCCO E FIGLIO SPA in PARMA, 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 BORMIOLI ROCCO E FIGLIO SPA for all outward international remittances from PARMA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BORFIT21

The code BORFIT21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BORFIT21

Receiving International Wire Transfers

To receive money from abroad at your BORMIOLI ROCCO E FIGLIO SPA account in PARMA, share SWIFT code BORFIT21 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 BORMIOLI ROCCO E FIGLIO SPA, PARMA must provide SWIFT code BORFIT21. 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 BORMIOLI ROCCO E FIGLIO SPA in PARMA rely on SWIFT code BORFIT21 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 BORMIOLI ROCCO E FIGLIO SPA →

For cheque clearing or NACH mandates, use the MICR code for BORMIOLI ROCCO E FIGLIO SPA →

For TDS challan deposits, find the BSR code for BORMIOLI ROCCO E FIGLIO SPA →

How SWIFT Code BORFIT21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BORFIT21 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 BORMIOLI ROCCO E FIGLIO SPA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BORMIOLI ROCCO E FIGLIO SPA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BORFIT21

• Spaces or lowercase letters — Always enter BORFIT21 uppercase with no spaces.
• Using the wrong city — This code is for PARMA 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 BORFIT21 directly with BORMIOLI ROCCO E FIGLIO SPA's PARMA branch or via the SWIFT BIC Directory.