SWIFT Code BLPIIT21103 — IW BANK PRIVATE INVESTMENTS, PESCARA

About SWIFT Code BLPIIT21103 — IW BANK PRIVATE INVESTMENTS, PESCARA

SWIFT code BLPIIT21103 is the official 11-character branch-specific BIC (Bank Identifier Code) for IW BANK PRIVATE INVESTMENTS in PESCARA, 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 IW BANK PRIVATE INVESTMENTS for all outward international remittances from PESCARA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BLPIIT21103

The code BLPIIT21103 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BLPIIT21103

Receiving International Wire Transfers

To receive money from abroad at your IW BANK PRIVATE INVESTMENTS account in PESCARA, share SWIFT code BLPIIT21103 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 IW BANK PRIVATE INVESTMENTS, PESCARA must provide SWIFT code BLPIIT21103. 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 IW BANK PRIVATE INVESTMENTS in PESCARA rely on SWIFT code BLPIIT21103 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 IW BANK PRIVATE INVESTMENTS →

For cheque clearing or NACH mandates, use the MICR code for IW BANK PRIVATE INVESTMENTS →

For TDS challan deposits, find the BSR code for IW BANK PRIVATE INVESTMENTS →

How SWIFT Code BLPIIT21103 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BLPIIT21103 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 IW BANK PRIVATE INVESTMENTS.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: IW BANK PRIVATE INVESTMENTS receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BLPIIT21103

• Spaces or lowercase letters — Always enter BLPIIT21103 uppercase with no spaces.
• Using the wrong city — This code is for PESCARA 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 BLPIIT21103 directly with IW BANK PRIVATE INVESTMENTS's PESCARA branch or via the SWIFT BIC Directory.