SWIFT/BIC code BIMVITM1XXX
BIMVITM1XXX belongs to Bit Market Services S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | BIMVITM1XXX |
|---|---|
| 8-character code | BIMVITM1 |
| Branch code | XXX |
| Bank | Bit Market Services S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Bit Market Services S.P.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BIMV 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 is behind SWIFT/BIC code BIMVITM1XXX?
BIMVITM1XXX identifies the headquarters of Bit Market Services S.P.A. in Milano, Italy. It is the code to use when a payment to Bit Market Services S.P.A. does not need a specific branch.
What happens if I use BIMVITM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check BIMVITM1XXX against the details from Bit Market Services S.P.A. before you confirm.
What is the cheapest way to send money to Bit Market Services S.P.A. in Italy?
Many banks add several percent to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.
How long does a transfer to Bit Market Services S.P.A. take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need BIMVITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need BIMVITM1XXX.
Are BIMVITM1 and BIMVITM1XXX the same code?
Yes, they are. BIMVITM1 is the 8-character version of BIMVITM1XXX. XXX simply refers to the head office, so either version will reach Bit Market Services 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.