Does BANCA SISTEMA SPA accept SEPA Instant?

BANCA SISTEMA SPA (BSISITMMXXX, MILANO, Italy) has been registered for SEPA Instant since 4 November 2024 according to the EPC register.

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Registered for SEPA Instant

Listed in the EPC SCT Inst register. Registration does not guarantee every transfer will be accepted.

Institution
BANCA SISTEMA SPA
BIC / SWIFT
BSISITMMXXX
City
MILANO
Country
Italy

SEPA scheme participation

SchemeStatusReadiness date
SEPA Credit Transfer (SCT)Registered28 January 2008
SEPA Instant (SCT Inst)Registered4 November 2024
SEPA Direct Debit CoreRegistered1 November 2010
SEPA Direct Debit B2BRegistered1 November 2010

Italy is in the euro area. Under Regulation (EU) 2024/886, its banks must be able to receive instant euro transfers since 9 January 2025 and send them since 9 October 2025. Payment and e-money institutions have until 9 April 2027.

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Frequently asked questions

Does BANCA SISTEMA SPA accept SEPA Instant transfers?

It has been listed in the EPC SCT Inst register since 4 November 2024.

What is the BIC code of BANCA SISTEMA SPA?

BSISITMMXXX.