SWIFT/BIC code CABOITMHCAL
CABOITMHCAL belongs to Banca Imi S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | CABOITMHCAL |
|---|---|
| 8-character code | CABOITMH |
| Branch code | CAL |
| Bank | Banca Imi S.P.A. |
| Branch | Derivatives Department |
| City | Milano |
| Country | Italy |
How the Banca Imi S.P.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CABO Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- MH Location code
- 2 characters for the city or region of the head office.
- CAL 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 branch is behind SWIFT code CABOITMHCAL?
CABOITMHCAL is the SWIFT/BIC code of Derivatives Department, a branch or department of Banca Imi S.P.A. in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
Can I use CABOITMH instead of CABOITMHCAL?
CABOITMH is the head office of Banca Imi S.P.A., while CABOITMHCAL is Derivatives Department. Most international transfers work with the head office code, but use CABOITMHCAL if the recipient asks for it.
What is the best way to send money to Banca Imi S.P.A.?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send – the difference can be large.
What happens if I enter CABOITMHCAL incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check CABOITMHCAL with the recipient before you confirm.
How long does it take to send money to Banca Imi S.P.A.?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need CABOITMHCAL to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need CABOITMHCAL.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.