SWIFT / BIC Code

PIRLITM1

SEPA Member

Nexi Payments S.p.A.

PIRLITM1 is the BIC (SWIFT code) of Nexi Payments S.p.A., based in Milan. Its IBANs are 27 characters long. The bank receives SEPA Instant transfers and answers Verification of Payee name checks.

Check an IBAN from Nexi Payments S.p.A.

Paste an IBAN from Italy to check its check digits and see which bank it belongs to.

IT

BIC Breakdown

PIRL
Bank code
IT
Country
M1
Location

PIRL: institution identifier (4 letters)

IT: country code per ISO 3166-1

M1: location code (city / timezone)

Bank Details

Legal nameNexi Payments S.p.A.EPC register of participants
BIC / SWIFT codePIRLITM1EPC register of participants
Address in the EPC registerCorso Sempione 55, MilanEPC register of participants
Official websitenexigroup.com โ†—
Country๐Ÿ‡ฎ๐Ÿ‡น Italy

Payments it can receive

Nexi Payments S.p.A.'s participation in the European payment schemes, from the EPC register of participants.

SEPA Credit TransferYes, since 8 October 2018
SEPA Instant Credit TransferYes, since 4 May 2026
SEPA Direct Debit CoreNot listed
SEPA Direct Debit B2BNot listed
Verification of PayeeAnswers name checks, since 5 October 2025

Verification of Payee lets the payer's bank compare the name typed on a euro transfer with the account holder's name. This page shows whether the bank takes part; ibanchecker.cash does not check names.

Sending money to an account at Nexi Payments S.p.A.?

Wise shows the exchange rate and its fee before you send.

Partner link. If you open a Wise account through it and send money between two currencies, Wise pays ibanchecker.cash a commission; what you pay does not change. How this works

IBAN format for ๐Ÿ‡ฎ๐Ÿ‡น Italy

Italy IBANs are 27 characters long.

View format โ†’

Frequently Asked Questions

What is the SWIFT code for Nexi Payments S.p.A.?

PIRLITM1. Written with the head-office branch code it is PIRLITM1XXX; both forms reach the same bank. A euro transfer within SEPA needs only the IBAN.

What does PIRLITM1 mean?

"PIRL" identifies Nexi Payments S.p.A., "IT" is the country code for Italy, "M1" is the location code.

How long are Nexi Payments S.p.A. IBANs?

27 characters, like every IBAN from Italy: the country code IT, two check digits, the CIN (1 letter), the ABI (5 digits), the CAB (5 digits) and the account number (12 characters).

Can I send an instant transfer to Nexi Payments S.p.A.?

Yes. The European Payments Council lists Nexi Payments S.p.A. in SEPA Instant Credit Transfer since 4 May 2026, so an instant euro transfer from a participating bank reaches its accounts in seconds.

Does Nexi Payments S.p.A. confirm the payee's name?

Yes. It answers Verification of Payee requests (since 5 October 2025), so the payer's bank can compare the name entered with the account holder's name before a euro transfer is sent.