SWIFT Code CMREIT31 — COMUNE DI MERCATO S. SEVERINO, MERCATO SAN SEVERINO

About SWIFT Code CMREIT31 — COMUNE DI MERCATO S. SEVERINO, MERCATO SAN SEVERINO

SWIFT code CMREIT31 is the official 8-character head-office BIC (Bank Identifier Code) for COMUNE DI MERCATO S. SEVERINO in MERCATO SAN SEVERINO, 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 MERCATO S. SEVERINO for all outward international remittances from MERCATO SAN SEVERINO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CMREIT31

The code CMREIT31 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CMREIT31

Receiving International Wire Transfers

To receive money from abroad at your COMUNE DI MERCATO S. SEVERINO account in MERCATO SAN SEVERINO, share SWIFT code CMREIT31 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 MERCATO S. SEVERINO, MERCATO SAN SEVERINO must provide SWIFT code CMREIT31. 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 MERCATO S. SEVERINO in MERCATO SAN SEVERINO rely on SWIFT code CMREIT31 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 MERCATO S. SEVERINO →

For cheque clearing or NACH mandates, use the MICR code for COMUNE DI MERCATO S. SEVERINO →

For TDS challan deposits, find the BSR code for COMUNE DI MERCATO S. SEVERINO →

How SWIFT Code CMREIT31 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CMREIT31 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 MERCATO S. SEVERINO.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: COMUNE DI MERCATO S. SEVERINO receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CMREIT31

• Spaces or lowercase letters — Always enter CMREIT31 uppercase with no spaces.
• Using the wrong city — This code is for MERCATO SAN SEVERINO 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 CMREIT31 directly with COMUNE DI MERCATO S. SEVERINO's MERCATO SAN SEVERINO branch or via the SWIFT BIC Directory.