Last reviewed: · Curated by Ohmyfin Organisation editorial.
Italy's banking system runs on TARGET2 and SEPA Instant. The country's currency is the EUR. The major banks below handle the vast majority of inbound and outbound SWIFT payments to Italy.
Italy runs its domestic interbank settlement on TARGET2 and SEPA Instant. International SWIFT payments arrive at one of the major correspondents listed below before being credited via the domestic system.
Top banks in Italy: Intesa Sanpaolo (BCITITMM, Milan), UniCredit (UNCRITMM, Milan), BPER Banca (BPMOIT22, Modena), Mediobanca (MEDBITMM, Milan).
Intesa Sanpaolo — SWIFT/BIC BCITITMM, headquartered in Milan. Italy's largest bank; major eurozone player.
UniCredit — SWIFT/BIC UNCRITMM, headquartered in Milan. Pan-European bank; strong CEE presence.
BPER Banca — SWIFT/BIC BPMOIT22, headquartered in Modena. Top-five Italian bank; cooperative origins.
Mediobanca — SWIFT/BIC MEDBITMM, headquartered in Milan. Investment / wholesale banking focus.
If you have sent or received a SWIFT payment routed through any of these banks, you can verify it for free on Ohmyfin. Paste the 36-character UETR (from your MT103 or pacs.008 confirmation) into the homepage tracker to see the latest available SWIFT status — settled, in flight, pending compliance, or rejected.
The largest banks in Italy include Intesa Sanpaolo, UniCredit, BPER Banca, Mediobanca.
Intesa Sanpaolo's primary SWIFT/BIC is BCITITMM (head office in Milan). Branches use 11-character extensions of this code.
TARGET2 and SEPA Instant
Paste the UETR into the Ohmyfin tracker. You will see the latest available SWIFT status in seconds — including which correspondent bank in Italy (or the international intermediary) is currently holding the payment.
No card needed. Free for ordinary users — 5 IP-based lookups per day, plus 100 credits instantly when you sign up with email. Use them on any international wire across 11,000+ banks.
Sign up free — get 100 credits Or try the tracker now →