SWIFT Code COHSIT31 — COMUNE DI MARGHERITA DI SAVOIA, MARGHERITA DI SAVOIA

About SWIFT Code COHSIT31 — COMUNE DI MARGHERITA DI SAVOIA, MARGHERITA DI SAVOIA

SWIFT code COHSIT31 is the official 8-character head-office BIC (Bank Identifier Code) for COMUNE DI MARGHERITA DI SAVOIA in MARGHERITA DI SAVOIA, 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 COMUNE DI MARGHERITA DI SAVOIA for all outward international remittances from MARGHERITA DI SAVOIA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code COHSIT31

The code COHSIT31 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code COHSIT31

Receiving International Wire Transfers

To receive money from abroad at your COMUNE DI MARGHERITA DI SAVOIA account in MARGHERITA DI SAVOIA, share SWIFT code COHSIT31 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 COMUNE DI MARGHERITA DI SAVOIA, MARGHERITA DI SAVOIA must provide SWIFT code COHSIT31. 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 COMUNE DI MARGHERITA DI SAVOIA in MARGHERITA DI SAVOIA rely on SWIFT code COHSIT31 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 COMUNE DI MARGHERITA DI SAVOIA →

For cheque clearing or NACH mandates, use the MICR code for COMUNE DI MARGHERITA DI SAVOIA →

For TDS challan deposits, find the BSR code for COMUNE DI MARGHERITA DI SAVOIA →

How SWIFT Code COHSIT31 Routes an International Transfer

1. Initiation: The sender provides SWIFT code COHSIT31 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 COMUNE DI MARGHERITA DI SAVOIA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: COMUNE DI MARGHERITA DI SAVOIA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code COHSIT31

• Spaces or lowercase letters — Always enter COHSIT31 uppercase with no spaces.
• Using the wrong city — This code is for MARGHERITA DI SAVOIA 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 COHSIT31 directly with COMUNE DI MARGHERITA DI SAVOIA's MARGHERITA DI SAVOIA branch or via the SWIFT BIC Directory.