SWIFT Code KTFSIT21 — KTM FARIOLI S.R.L., BERGAMO

About SWIFT Code KTFSIT21 — KTM FARIOLI S.R.L., BERGAMO

SWIFT code KTFSIT21 is the official 8-character head-office BIC (Bank Identifier Code) for KTM FARIOLI S.R.L. in BERGAMO, 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 KTM FARIOLI S.R.L. for all outward international remittances from BERGAMO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code KTFSIT21

The code KTFSIT21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code KTFSIT21

Receiving International Wire Transfers

To receive money from abroad at your KTM FARIOLI S.R.L. account in BERGAMO, share SWIFT code KTFSIT21 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 KTM FARIOLI S.R.L., BERGAMO must provide SWIFT code KTFSIT21. 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 KTM FARIOLI S.R.L. in BERGAMO rely on SWIFT code KTFSIT21 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 KTM FARIOLI S.R.L. →

For cheque clearing or NACH mandates, use the MICR code for KTM FARIOLI S.R.L. →

For TDS challan deposits, find the BSR code for KTM FARIOLI S.R.L. →

How SWIFT Code KTFSIT21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code KTFSIT21 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 KTM FARIOLI S.R.L..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: KTM FARIOLI S.R.L. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code KTFSIT21

• Spaces or lowercase letters — Always enter KTFSIT21 uppercase with no spaces.
• Using the wrong city — This code is for BERGAMO 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 KTFSIT21 directly with KTM FARIOLI S.R.L.'s BERGAMO branch or via the SWIFT BIC Directory.