SWIFT Code OLSAIT21 — OLSA SPA, RIVOLI

About SWIFT Code OLSAIT21 — OLSA SPA, RIVOLI

SWIFT code OLSAIT21 is the official 8-character head-office BIC (Bank Identifier Code) for OLSA SPA in RIVOLI, 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 OLSA SPA for all outward international remittances from RIVOLI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code OLSAIT21

The code OLSAIT21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code OLSAIT21

Receiving International Wire Transfers

To receive money from abroad at your OLSA SPA account in RIVOLI, share SWIFT code OLSAIT21 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 OLSA SPA, RIVOLI must provide SWIFT code OLSAIT21. 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 OLSA SPA in RIVOLI rely on SWIFT code OLSAIT21 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 OLSA SPA →

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

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

How SWIFT Code OLSAIT21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code OLSAIT21 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 OLSA SPA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: OLSA SPA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code OLSAIT21

• Spaces or lowercase letters — Always enter OLSAIT21 uppercase with no spaces.
• Using the wrong city — This code is for RIVOLI 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 OLSAIT21 directly with OLSA SPA's RIVOLI branch or via the SWIFT BIC Directory.