SWIFT Code INGCITM1 — INTESA GESTIONE CREDITI S.P.A., MILANO

About SWIFT Code INGCITM1 — INTESA GESTIONE CREDITI S.P.A., MILANO

SWIFT code INGCITM1 is the official 8-character head-office BIC (Bank Identifier Code) for INTESA GESTIONE CREDITI S.P.A. in MILANO, 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 INTESA GESTIONE CREDITI S.P.A. for all outward international remittances from MILANO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code INGCITM1

The code INGCITM1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code INGCITM1

Receiving International Wire Transfers

To receive money from abroad at your INTESA GESTIONE CREDITI S.P.A. account in MILANO, share SWIFT code INGCITM1 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 INTESA GESTIONE CREDITI S.P.A., MILANO must provide SWIFT code INGCITM1. 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 INTESA GESTIONE CREDITI S.P.A. in MILANO rely on SWIFT code INGCITM1 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 INTESA GESTIONE CREDITI S.P.A. →

For cheque clearing or NACH mandates, use the MICR code for INTESA GESTIONE CREDITI S.P.A. →

For TDS challan deposits, find the BSR code for INTESA GESTIONE CREDITI S.P.A. →

How SWIFT Code INGCITM1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code INGCITM1 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 INTESA GESTIONE CREDITI S.P.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: INTESA GESTIONE CREDITI S.P.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code INGCITM1

• Spaces or lowercase letters — Always enter INGCITM1 uppercase with no spaces.
• Using the wrong city — This code is for MILANO 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 INGCITM1 directly with INTESA GESTIONE CREDITI S.P.A.'s MILANO branch or via the SWIFT BIC Directory.