SWIFT Code CAHOIT2C — CANDY SPA, MONZA

About SWIFT Code CAHOIT2C — CANDY SPA, MONZA

SWIFT code CAHOIT2C is the official 8-character head-office BIC (Bank Identifier Code) for CANDY SPA in MONZA, 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 CANDY SPA for all outward international remittances from MONZA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CAHOIT2C

The code CAHOIT2C follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CAHOIT2C

Receiving International Wire Transfers

To receive money from abroad at your CANDY SPA account in MONZA, share SWIFT code CAHOIT2C 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 CANDY SPA, MONZA must provide SWIFT code CAHOIT2C. 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 CANDY SPA in MONZA rely on SWIFT code CAHOIT2C 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 CANDY SPA →

For cheque clearing or NACH mandates, use the MICR code for CANDY SPA →

For TDS challan deposits, find the BSR code for CANDY SPA →

How SWIFT Code CAHOIT2C Routes an International Transfer

1. Initiation: The sender provides SWIFT code CAHOIT2C 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 CANDY SPA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CANDY SPA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CAHOIT2C

• Spaces or lowercase letters — Always enter CAHOIT2C uppercase with no spaces.
• Using the wrong city — This code is for MONZA 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 CAHOIT2C directly with CANDY SPA's MONZA branch or via the SWIFT BIC Directory.