SWIFT/BIC code AEELITM1XXX
AEELITM1XXX belongs to Ale1 BV in Milano, Italy.
Code details
| SWIFT/BIC code | AEELITM1XXX |
|---|---|
| 8-character code | AEELITM1 |
| Branch code | XXX |
| Bank | Ale1 BV |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Ale1 BV SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- AEEL Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank uses SWIFT code AEELITM1XXX?
The code AEELITM1XXX belongs to the main office of Ale1 BV in Milano, Italy. Use it when you send money to an account at Ale1 BV.
What is the cheapest way to send money to Ale1 BV in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
What happens if I use AEELITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check AEELITM1XXX against the details from Ale1 BV before sending.
How long does it take to send money to Ale1 BV in Italy?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Do I need AEELITM1XXX to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you still need AEELITM1XXX.
Is AEELITM1 and AEELITM1XXX the same SWIFT code?
Yes, they are. AEELITM1 is the short version of AEELITM1XXX. XXX simply refers to the head office, so either version will reach Ale1 BV in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.