SWIFT Code VEBHIT21289 — VENETO BANCA SCPA, MAGENTA

About SWIFT Code VEBHIT21289 — VENETO BANCA SCPA, MAGENTA

SWIFT code VEBHIT21289 is the official 11-character branch-specific BIC (Bank Identifier Code) for VENETO BANCA SCPA in MAGENTA, 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 VENETO BANCA SCPA for all outward international remittances from MAGENTA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code VEBHIT21289

The code VEBHIT21289 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code VEBHIT21289

Receiving International Wire Transfers

To receive money from abroad at your VENETO BANCA SCPA account in MAGENTA, share SWIFT code VEBHIT21289 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 VENETO BANCA SCPA, MAGENTA must provide SWIFT code VEBHIT21289. 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 VENETO BANCA SCPA in MAGENTA rely on SWIFT code VEBHIT21289 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 VENETO BANCA SCPA →

For cheque clearing or NACH mandates, use the MICR code for VENETO BANCA SCPA →

For TDS challan deposits, find the BSR code for VENETO BANCA SCPA →

How SWIFT Code VEBHIT21289 Routes an International Transfer

1. Initiation: The sender provides SWIFT code VEBHIT21289 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 VENETO BANCA SCPA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VENETO BANCA SCPA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code VEBHIT21289

• Spaces or lowercase letters — Always enter VEBHIT21289 uppercase with no spaces.
• Using the wrong city — This code is for MAGENTA 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 VEBHIT21289 directly with VENETO BANCA SCPA's MAGENTA branch or via the SWIFT BIC Directory.