SWIFT Code QUASITM1 — QUARZO LEASE S.R.L., MILANO

About SWIFT Code QUASITM1 — QUARZO LEASE S.R.L., MILANO

SWIFT code QUASITM1 is the official 8-character head-office BIC (Bank Identifier Code) for QUARZO LEASE S.R.L. in MILANO, 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 QUARZO LEASE S.R.L. for all outward international remittances from MILANO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code QUASITM1

The code QUASITM1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code QUASITM1

Receiving International Wire Transfers

To receive money from abroad at your QUARZO LEASE S.R.L. account in MILANO, share SWIFT code QUASITM1 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 QUARZO LEASE S.R.L., MILANO must provide SWIFT code QUASITM1. 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 QUARZO LEASE S.R.L. in MILANO rely on SWIFT code QUASITM1 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 QUARZO LEASE S.R.L. →

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

For TDS challan deposits, find the BSR code for QUARZO LEASE S.R.L. →

How SWIFT Code QUASITM1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code QUASITM1 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 QUARZO LEASE S.R.L..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: QUARZO LEASE S.R.L. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code QUASITM1

• Spaces or lowercase letters — Always enter QUASITM1 uppercase with no spaces.
• Using the wrong city — This code is for MILANO 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 QUASITM1 directly with QUARZO LEASE S.R.L.'s MILANO branch or via the SWIFT BIC Directory.