IBAN in Italy

To make an IBAN, banks combine local account details into one string of characters. This means you can calculate an IBAN using these account details.

What is the IBAN format in Italy ?

An IBAN (International Bank Account Number) is an internationally-agreed code made up of up to 34 letters and numbers that helps banks make sure that international transfers are processed correctly.

Each set of characters represents a different detail for your bank account. You can see the breakdown of this IBAN below.

What is the IBAN code in Italy?

IBAN in Italy consists of 27 characters:

  • 2 letter country code
  • 2 digit check number
  • 1 digit code for national code
  • 5 characters from the bank's SWIFT/BIC
  • 5 digit code for the bank branch
  • 12 digit code for the bank account number

Already have an IBAN code?

Check IBAN
IBAN example in Italy IT60X0542811101000000123456
IBAN in print format IT60 X054 2811 1010 0000 0123 456
Country code IT
Check digits 60
National check digit X
Bank code 05428
Branch code 11101
Bank account number 000000123456

Do you need an IBAN in Italy?

Yes. If you’re making – or expecting to receive – an international money transfer to a bank account in Italy, then just a standard bank account number isn’t enough. If you want your money to arrive quickly and safely, you’ll usually need to give the bank a few extra details, such as an IBAN or SWIFT code.

Banks assign IBANs to each of their accounts to make sure that international transfers are processed correctly.

IBANs contain all of the country, bank, and account details you need to send or receive money internationally. This system is used throughout Europe, and also recognised in some areas of the Middle East, North Africa and the Caribbean.

Calculate IBAN

Compare prices for sending money abroad

Banks and other transfer services have a dirty little secret. They add hidden markups to their exchange rates - charging you more without your knowledge. And if they have a fee, they charge you twice.

TransferWise never hides fees in the exchange rate. We give you the real rate, independently provided by Reuters. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself.

Sending 1000.00 HKD withRecipient gets(Total after fees)Transfer feeExchange rate(1 HKD → EUR)
TransferWiseCheapest117.15 EURSave up to 7.80 EUR9.18 HKD0.118239
Hang Seng110.02 EUR- 7.13 EUR65.00 HKD0.117670
HSBC HK109.35 EUR- 7.80 EUR65.00 HKD0.116949
6 million happy customers
Regulated by FCA

We have a 4.6 out of 5 rating on Trustpilot

It’s your money. You can trust us to get it where it needs to be, but don’t take our word for it. Read our reviews at Trustpilot.com

Good, fast and secured
Alexander Atta Karikari
Published 5 minutes ago

Great, the best platform in sending money compared to paypal and other platforms
Rechelle Tago Dela Cruz
Published 5 minutes ago

Very professional, promptly, easy for everybody, with or without experience. Good job, TransferWise! My best regards, Dana L.
Mihaela Dana Lacatus
Published 22 minutes ago

A cheaper, faster way to send money abroad

Join over 6 million people who get the real exchange rate with TransferWise. We’re up to 8x cheaper than banks.

Get started now for free

FAQs

Top banks in Italy