SWIFT Code SAAUITR1 — SARA ASSICURAZIONI SPA, ROMA

About SWIFT Code SAAUITR1 — SARA ASSICURAZIONI SPA, ROMA

SWIFT code SAAUITR1 is the official 8-character head-office BIC (Bank Identifier Code) for SARA ASSICURAZIONI 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 SARA ASSICURAZIONI 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 SAAUITR1

The code SAAUITR1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SAAUITR1

Receiving International Wire Transfers

To receive money from abroad at your SARA ASSICURAZIONI SPA account in ROMA, share SWIFT code SAAUITR1 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 SARA ASSICURAZIONI SPA, ROMA must provide SWIFT code SAAUITR1. 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 SARA ASSICURAZIONI SPA in ROMA rely on SWIFT code SAAUITR1 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 SARA ASSICURAZIONI SPA →

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

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

How SWIFT Code SAAUITR1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SAAUITR1 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 SARA ASSICURAZIONI SPA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SARA ASSICURAZIONI SPA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SAAUITR1

• Spaces or lowercase letters — Always enter SAAUITR1 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 SAAUITR1 directly with SARA ASSICURAZIONI SPA's ROMA branch or via the SWIFT BIC Directory.