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 bank code
5 digit code for the bank branch
12 digit code for the bank account number

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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.

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