SWIFT/BIC code BICKITM1XXX
BICKITM1XXX belongs to Binck Bank N.V. in Milano, Italy.
Code details
| SWIFT/BIC code | BICKITM1XXX |
|---|---|
| 8-character code | BICKITM1 |
| Branch code | XXX |
| Bank | Binck Bank N.V. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Binck Bank N.V. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BICK 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 institution uses BIC BICKITM1XXX?
The code BICKITM1XXX belongs to the headquarters of Binck Bank N.V. in Milano, Italy. It is the code to use when you send money to an account at Binck Bank N.V..
What do the letters in BICKITM1XXX stand for?
BICK is the institution code of Binck Bank N.V., IT is the ISO code of Italy, M1 is the location code and XXX means the main office.
What is the best way to send money to Binck Bank N.V.?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.
What happens if I use BICKITM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check BICKITM1XXX against the details from Binck Bank N.V. before sending.
Do I need BICKITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need BICKITM1XXX.
How long does it take to send money to Binck Bank N.V. in Italy?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.