Does Illimity Bank S.p.A. accept SEPA Instant?

Illimity Bank S.p.A. (ITTPIT2MXXX, Milan, Italy) has been registered for SEPA Instant since 9 July 2019 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
Illimity Bank S.p.A.
BIC / SWIFT
ITTPIT2MXXX
City
Milan
Country
Italy

SEPA scheme participation

SchemeStatusReadiness date
SEPA Credit Transfer (SCT)Registered4 April 2011
SEPA Instant (SCT Inst)Registered9 July 2019
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 Illimity Bank S.p.A. accept SEPA Instant transfers?

It has been listed in the EPC SCT Inst register since 9 July 2019.

What is the BIC code of Illimity Bank S.p.A.?

ITTPIT2MXXX.