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Italy

Bank account

Service specification

TypeDescription
Direct to Bank methodDirect credit to bank account in EURO (EUR).
Supported beneficiary account type – individual only.
Supported Sender type - Individual only.
Transaction Turnaround Time- Real-time: 24x7 (within 15 minutes).
- If the transactions hit under partner screening, it might take maximum 48 hours to completed (Business hours)
- If the transaction reaches a compliance check on a non-business day, it will be processed on the next working day.
- All transactions are processed via Instant SEPA (real-time), otherwise it will be rerouted to SEPA (T+0) for beneficiary banks that do not support Instant SEPA.
Area availabilityRelated countries offered under SEPA EURO
Validation / Verification· No system validation on account available.
· The account number is using IBAN account number
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitMaximum per Transaction EUR 999,999
Minimum per Transaction EUR 1.00
Compliance accumulated limit EUR 45,000.00 per day per Beneficiary

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will be refunded on best effort basis once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks· Beneficiary address including Beneficiary City (bRegencyCode), and Beneficiary Postcode (bPostcode) are Mandatory Fields.
· Beneficiary address (bAddress) must be the full address registered with the beneficiary bank.
. Sender address including Sender City (sCity), and Sender Postcode (sPostcode) are Mandatory Fields.
· Sender and Beneficiary DOB are Mandatory Fields

· Registers of Participants in SEPA payment and payment related schemes | European Payments Council: https://www.europeanpaymentscouncil.eu/what-we-do/be-involved/register-participants/registers-participants-sepa-payment-schemes > (please refer SCT Inst and SCT)

There are list of industries that might lead the transaction screening:
· Pharmacies selling copy products without proper authority approval, incl. e-pharmacies
· Pornography industry (dating pages is as such acceptable)
· Tobacco industry
· Cannabis or other drugs in any form
· Weapons in any forms, including dual-use goods.
· Atomic power
· Extractive industries
· Precious metals and stones
· Companies selling counterfeit or infringed products
· Companies selling, storing or trading in Crypto currencies
· Binary Option Traders
· Pyramid schemes in any form
· Unregulated charities
· File sharing companies
· Shell banks
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer Code
1SEPA ITALY PAYOUT390001

Telegraphic Transfer

Service Specification

TypeDescription
Direct to bank method Direct credit to bank accounts in US Dollar (USD) and Euro (EUR).
Supported beneficiary account type – Individual & company
Supported sender account type - Individual & company
Transaction turnaround time *T+1 business days for USD transaction processed and credited before 6pm (Mon-Fri) GMT +8.

*T+1 business days for EUR transaction processed and credited before 6pm (Mon-Fri) GMT +8.

Transaction sent on Saturdays, Sundays or public holidays will be processed on next Belgian business day.

*Processing time may vary based on the beneficiary bank’s cut-off time.
Area availability Related countries offered under SEPA EURO
Validation / Verification No system validation on account available.
Amount received Beneficiary received net amount as specified by sender.
Transaction limit
Types of limitAmount
Maximum per transactionN/A
Compliance accumulated limit per day per beneficiary (USD)USD 50,000.00
Compliance accumulated limit per day per beneficiary (EUR)EUR 45,000.00
Maximum beneficiary No restriction
Service charge The transaction fee will be refunded on a best-effort basis after the transaction is accepted by the gloRemit® and forwarded to the payout channel.
Cancellation process Cancellation is on best-effort basis.
Remarks Beneficiary account currency must be the same with the currency of the transaction (USD or EUR).

Branch code is optional. If included, please enter exactly 3 characters to avoid the transaction being rejected.
Do_Transfer bAccType Value 11

List of Swift Code

NoNameSwift Code
1AFV ACCIAIERIE BELTRAME S.P.A.AABMIT22
2AGAVE SPE S.R.L.AAERITM2
3ALBA 8 SPV S.R.L.AAPLIT21
4ALBA 7 SPV SRLAAPRIT21
5ALBA 6 SPV S.R.L.AAPSIT21
6AAREAL BANK AG, ROMA BRANCHAARBITR1
7ALBA 9 SPV S.R.L.AAVRIT21
8AGAVE SPV S.R.L.AAVSIT21
9ABBEY NATIONAL PLCABBYITT1
102019 POPOLARE BARI SME S.R.L.ABMLITM1
11ALBA 11 WH S.R.L.ABRLIT22
122019 POPOLARE BARI RMBS S.R.L.ABRRIT21
13A.B.P. SIM MILANOABSMITM1
14ABITARE IN SPAABTAITM1
15ABRAMO CUSTOMER CARE SPAABUAITR2
16ACCIAIERIE D'ITALIA HOLDING S.P.A.ACDHITMM
17ACOMEA SGR S.P.A.ACEAIT21
18ACOMEA SGR S.P.A.ACEAITMM
19ACOTEL GROUP SPAACGOITR1
20ACQUE DEL CHIAMPO S.P.A.ACHHIT21
21ACCUEIL SRLACLLIT31
22ACERBIS ITALIA S.P.A.ACLTIT21
23ACQUE POTABILI S.P.A.ACPOITT1
24ACSM-AGAM SPAACSMIT21
25ACQUE VERONESIACVEIT21
26ADRIATICA FINANCE SRLADFLITR1
27ADVICE GROUP SPAADGRIT21
28ADIGE JEWELS SPAADJWITM1
29ADVICORP PLCADVCITR1
30ACEA SPAAEEAITR1
31ABILITY REAL ESTATE S.R.L.AEERITM1
32ADRIANO LEASE SEC S.R.L.AEESIT21
33AEFFE SPAAEFFIT21
34ACME S.P.A.AEMEIT21
35AEROPORTI DI ROMA SPAAERRIT31
36AERO SEKURAESEIT31
37A2A SPAAETSITM1
38AIR EUROPEAEURIT21
39AFONE PAIEMENT SAAFOPITM2
40AFONE PAIEMENT SAAFPAITM2
41ADRIATICO FINANCE SME SRLAFSSITM1
42ABSOLUTE FUNDING S.R.L.AFULITM1
43AFRODITE SPV S.R.L.AFVSIT21
44AGRUMARIA REGGINAAGEGIT31
45AGATHOS FINANCE SRLAGFRITM1
46A.G.I.E. S.R.L.AGLRIT21
47AEROPORTO GUGLIELMO MARCONI DI BOLOAGMBIT21
48AGRIMASTER SPAAGMTIT21
49AGRONOMIA SPAAGOMIT21
50AGOS-DUCATO SPAAGOUITM1
51AGORA INVESTMENTS- SOCIETA' DI GESTAGSGITR1
52AGSM VERONA SPAAGVEIT21
53AGRESTI 6 SPV SRLAGVLIT21
54AGROBRESCIANO SPV SRLAGVRIT21
55ACHILLE SPV S.R.L.AHSSIT21
56AIDEXA S.P.AAIDEITM2
574AIM SICAFAIMFITM1
58AICON SPAAIONITM1
59AILANTO SPV S.R.L.AIPSITM1
60AIO'N RENEWABLES SPAAIRNITM1
61ALBIONE SPV SRLAISRITM1
62ALBA LEASING S.P.AALEGITM1
63ALBERGO D'INGHILTERRA SOCIETA' A REALNHITR1
64ALBA 9 WH S.R.L.ALRLIT21
65ALBINI GROUP S.P.A.ALURIT21
66AIMAG SPAAMGAIT21
67AFAM SPAAMMMIT21
68A.P.A.C. S.R.L.APRRIT21
69A-TONO PAYMENT INSTITUTE S.P.A.ATPIITM1
70A-TONOATPIITM7
71AEB SPABCHHITM1
722I RETE GAS S.P.A.CAUZITM1
73ACQUEVENETE S.P.A.CEVSIT21
74A. C. CHIEVO - VERONA S.R.L.CHVSIT21
75ALBA S.R.L.CLILITM1
762017 POPOLARE BARI SME S.R.L.CNPSITM1
77130 FINANCE SRLFCRRITM1
7824-7 FINANCEFNEEIT21
79A.C. GIRARDI E C. SIMGIRDITM1
808A+ INVESTIMENTI SGR S.P.A.IVGGIT21
81ALBA 10 SPV S.R.L.LLSRIT21
824 MADONNE CASEIFICIO DELL EMILIAMAOLIT21
83AIR ITALY S.P.A. - IN LIQUIDAZIONEMEFYIT21
84A.C. MILANMINAITM1
85A.M.A. SPAMMAAIT21
864MORI SARDEGNA S.R.L.MODSIT21
87A AND A MARKETING SERVICE SRLMRERITM1
88AHLSTROM-MUNKSJOE ITALIA S.P.A.MUITIT21
89ADMIRAL PAY IP S.R.L.NIPSITR1
902RPLUS SPV S.R.L.NUFSIT21
912017 POPOLARE BARI RMBS S.R.L.PBBLIT21
922019 POPOLARE BARI SME S.R.L.PBERIT22
932018 POPOLARE BARI RMBS S.R.L.PIMRIT21
94A.S. ROMA SPARMMAITR1
95AEDES SOCIETA' DI INVESTIMENTO IMMOSESQITM1
962M S.R.L.SRLLIT21
97AGATOS S.P.A.WISRITM1
982WORLDS S.R.L.WOSRIT21