SWIFT Code GRPPIT21 — QS GROUP SPA, CERRETO D'ESI

About SWIFT Code GRPPIT21 — QS GROUP SPA, CERRETO D'ESI

SWIFT code GRPPIT21 is the official 8-character head-office BIC (Bank Identifier Code) for QS GROUP SPA in CERRETO D'ESI, 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 QS GROUP SPA for all outward international remittances from CERRETO D'ESI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GRPPIT21

The code GRPPIT21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GRPPIT21

Receiving International Wire Transfers

To receive money from abroad at your QS GROUP SPA account in CERRETO D'ESI, share SWIFT code GRPPIT21 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 QS GROUP SPA, CERRETO D'ESI must provide SWIFT code GRPPIT21. 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 QS GROUP SPA in CERRETO D'ESI rely on SWIFT code GRPPIT21 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 QS GROUP SPA →

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

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

How SWIFT Code GRPPIT21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code GRPPIT21 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 QS GROUP SPA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: QS GROUP SPA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GRPPIT21

• Spaces or lowercase letters — Always enter GRPPIT21 uppercase with no spaces.
• Using the wrong city — This code is for CERRETO D'ESI 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 GRPPIT21 directly with QS GROUP SPA's CERRETO D'ESI branch or via the SWIFT BIC Directory.