SWIFT/BIC code AMRCITM1XXX
AMRCITM1XXX belongs to ING Sviluppo Gestioni SPA in Milano, Italy.
Code details
| SWIFT/BIC code | AMRCITM1XXX |
|---|---|
| 8-character code | AMRCITM1 |
| Branch code | XXX |
| Bank | ING Sviluppo Gestioni SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the ING Sviluppo Gestioni SPA SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- AMRC 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
What bank uses SWIFT code AMRCITM1XXX?
The code AMRCITM1XXX belongs to the headquarters of ING Sviluppo Gestioni SPA in Milano, Italy. Use it when a payment to ING Sviluppo Gestioni SPA does not need a specific branch.
What do the letters in AMRCITM1XXX mean?
AMRC is the bank code of ING Sviluppo Gestioni SPA, IT is the ISO code of Italy, M1 is the location code and XXX marks the head office.
Do I need AMRCITM1XXX to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need AMRCITM1XXX.
How long does it take to send money to ING Sviluppo Gestioni SPA?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Is AMRCITM1 and AMRCITM1XXX the same code?
Yes, they are. AMRCITM1 is the 8-character version of AMRCITM1XXX. XXX simply means head office, so both will reach ING Sviluppo Gestioni SPA in Milano.
What is the best way to send money to ING Sviluppo Gestioni SPA in Italy?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.