SWIFT Code BCITIT61B99 — MEDIOCREDITO ITALIANO SPA, ROMA

About SWIFT Code BCITIT61B99 — MEDIOCREDITO ITALIANO SPA, ROMA

SWIFT code BCITIT61B99 is the official 11-character branch-specific BIC (Bank Identifier Code) for MEDIOCREDITO ITALIANO SPA in ROMA, 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 MEDIOCREDITO ITALIANO SPA for all outward international remittances from ROMA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BCITIT61B99

The code BCITIT61B99 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BCITIT61B99

Receiving International Wire Transfers

To receive money from abroad at your MEDIOCREDITO ITALIANO SPA account in ROMA, share SWIFT code BCITIT61B99 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 MEDIOCREDITO ITALIANO SPA, ROMA must provide SWIFT code BCITIT61B99. 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 MEDIOCREDITO ITALIANO SPA in ROMA rely on SWIFT code BCITIT61B99 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 MEDIOCREDITO ITALIANO SPA →

For cheque clearing or NACH mandates, use the MICR code for MEDIOCREDITO ITALIANO SPA →

For TDS challan deposits, find the BSR code for MEDIOCREDITO ITALIANO SPA →

How SWIFT Code BCITIT61B99 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BCITIT61B99 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 MEDIOCREDITO ITALIANO SPA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MEDIOCREDITO ITALIANO SPA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BCITIT61B99

• Spaces or lowercase letters — Always enter BCITIT61B99 uppercase with no spaces.
• Using the wrong city — This code is for ROMA 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 BCITIT61B99 directly with MEDIOCREDITO ITALIANO SPA's ROMA branch or via the SWIFT BIC Directory.