SWIFT Code SRESITM1 — SORGENTE REAL ESTATE SYSTEM S.P.A., MILANO

About SWIFT Code SRESITM1 — SORGENTE REAL ESTATE SYSTEM S.P.A., MILANO

SWIFT code SRESITM1 is the official 8-character head-office BIC (Bank Identifier Code) for SORGENTE REAL ESTATE SYSTEM S.P.A. 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 SORGENTE REAL ESTATE SYSTEM S.P.A. 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 SRESITM1

The code SRESITM1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SRESITM1

Receiving International Wire Transfers

To receive money from abroad at your SORGENTE REAL ESTATE SYSTEM S.P.A. account in MILANO, share SWIFT code SRESITM1 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 SORGENTE REAL ESTATE SYSTEM S.P.A., MILANO must provide SWIFT code SRESITM1. 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 SORGENTE REAL ESTATE SYSTEM S.P.A. in MILANO rely on SWIFT code SRESITM1 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 SORGENTE REAL ESTATE SYSTEM S.P.A. →

For cheque clearing or NACH mandates, use the MICR code for SORGENTE REAL ESTATE SYSTEM S.P.A. →

For TDS challan deposits, find the BSR code for SORGENTE REAL ESTATE SYSTEM S.P.A. →

How SWIFT Code SRESITM1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SRESITM1 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 SORGENTE REAL ESTATE SYSTEM S.P.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SORGENTE REAL ESTATE SYSTEM S.P.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SRESITM1

• Spaces or lowercase letters — Always enter SRESITM1 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 SRESITM1 directly with SORGENTE REAL ESTATE SYSTEM S.P.A.'s MILANO branch or via the SWIFT BIC Directory.