Italy
ALGSITM1 — Aletti Gestielle Sgr Spa
ALGSITM1 is a SWIFT/BIC code for ALETTI GESTIELLE SGR SPA in MILANO. Use it when an international wire needs the receiving bank's SWIFT code.
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SWIFT / BIC code
ALGSITM1
ALGSITM1 breaks down as ALGS for bank, IT for ctry, M1 for city.
MILANO · Italy
International payments
Sending money to Aletti Gestielle Sgr Spa?
A correspondent wire picks up a fee at each bank it passes through, and most of its real cost is buried in the exchange rate. Conversions are quoted at the mid-market rate, with the cost charged as a visible fee rather than buried in the rate.