SWIFT/BIC code ARCSITM1XXX
ARCSITM1XXX belongs to Arca Sim S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | ARCSITM1XXX |
|---|---|
| 8-character code | ARCSITM1 |
| Branch code | XXX |
| Bank | Arca Sim S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Arca Sim S.P.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ARCS 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/BIC code ARCSITM1XXX?
The code ARCSITM1XXX belongs to the main office of Arca Sim S.P.A. in Milano, Italy. It is the code to use when you send money to an account at Arca Sim S.P.A..
What happens if I enter ARCSITM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check ARCSITM1XXX with the recipient before sending.
What is the cheapest way to send money to Arca Sim S.P.A. in Italy?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
Do I need ARCSITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need ARCSITM1XXX.
How long does it take to send money to Arca Sim S.P.A.?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Is ARCSITM1 and ARCSITM1XXX the same code?
Yes, they are. ARCSITM1 is the 8-character version of ARCSITM1XXX. The XXX at the end only refers to the head office, so both routes your payment to Arca Sim S.P.A. in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.