A BIC can be combined with the details provided by the IBAN to provide automated international funds transfers. The PIN code is required and refers to the actual branch location. For example, DEUTDEFF500 would direct the payment to an office of Deutsche Bank in Bad Homburg. BIC + IBAN international bank transfers are faster, more efficient, and low-cost as they are sent directly through the SWIFT interbank network without using intermediary banks (who deduct charges or fees for their service).

CountryCityBank NameBranchSWIFT
Italy Biadene Montebelluna Geox SPA Geox SPA GEOXIT22XXX
 
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