IBAN in Italy
Italy IBANs are 27 characters long, starting with IT. Below you'll find the format, an example, and 5 major banks with SWIFT codes.
Italy IBAN Format
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Italy IBAN Structure
2-letter country code + 2 check digits + 1 CIN letter + 5-digit ABI bank code + 5-digit CAB branch code + 12-char account number
How Bitwage Pays Italy
Bitwage routes Italy contractor payments via SEPA instant transfer โ typically free and settling in under 10 seconds. You enter the contractor's IBAN and SWIFT code; Bitwage handles FX conversion and routing.
See all Italy payment railsMajor Banks in Italy with SWIFT Codes
Click any bank for a bank-specific IBAN example and payment instructions.
| Bank | SWIFT / BIC | |
|---|---|---|
| Intesa Sanpaolo | BCITITMM | IBAN guide |
| UniCredit | UNCRITMM | IBAN guide |
| Banca Monte dei Paschi di Siena | PASCITMM | IBAN guide |
| BNL (BNP Paribas Italy) | BNLIITRRXXX | IBAN guide |
| FinecoBank | SELBIT2B | IBAN guide |
Skip the SWIFT fee. Pay via Bitwage.
Route Italy contractor payments via SEPA โ same-day, near-zero fees.
Italy IBAN FAQ
Common questions about Italy IBAN format, validation, and international payments.
Italy IBANs are 27 characters long and always start with IT. The structure is: 2-letter country code + 2 check digits + 1 CIN letter + 5-digit ABI bank code + 5-digit CAB branch code + 12-char account number. An example Italy IBAN looks like: IT60 X054 2811 1010 0000 0123 456.
For SEPA payments within the EU/EEA โ including to Italy โ the IBAN alone is sufficient. For international SWIFT international wire transfer wires from outside the SEPA zone, you will also need the bank's BIC/SWIFT code.
Italy is in the SEPA bank transfer zone, so Bitwage routes your payment via SEPA โ typically for free or a fraction of a percent. No $25โ50 SWIFT wire fee. Just enter the contractor's IBAN and Bitwage handles the rest via {{link:products/contractor-payments}}.
A valid Italy IBAN is exactly 27 characters, starts with IT, and passes the mod-97 check digit algorithm. Bitwage validates all IBANs automatically before routing any payment โ preventing misdirected funds. For batch payments, use {{link:products/masspay}} with CSV upload.
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