SWIFT/BIC code CBCMITM1XXX
CBCMITM1XXX belongs to Cbi Capital Markets SPA in Milano, Italy.
Code details
| SWIFT/BIC code | CBCMITM1XXX |
|---|---|
| 8-character code | CBCMITM1 |
| Branch code | XXX |
| Bank | Cbi Capital Markets SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Cbi Capital Markets SPA SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CBCM 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 is behind SWIFT/BIC code CBCMITM1XXX?
CBCMITM1XXX is the SWIFT/BIC code of the headquarters of Cbi Capital Markets SPA in Milano, Italy. Use it when a payment to Cbi Capital Markets SPA does not need a specific branch.
Are CBCMITM1 and CBCMITM1XXX the same SWIFT code?
Yes, they are. CBCMITM1 is the 8-character version of CBCMITM1XXX. XXX simply refers to the head office, so both routes your payment to Cbi Capital Markets SPA in Milano.
How long does it take to send money to Cbi Capital Markets SPA in Italy?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need CBCMITM1XXX for a euro transfer 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 do need CBCMITM1XXX.
Does Cbi Capital Markets SPA use only one SWIFT/BIC code?
Yes – CBCMITM1XXX is the only SWIFT/BIC code we have for Cbi Capital Markets SPA in Italy, so there is no branch code to choose.
What does each part of CBCMITM1XXX stand for?
CBCM is the bank code of Cbi Capital Markets SPA, IT is the ISO code of Italy, M1 is the code for the city or region and XXX marks the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.