SWIFT/BIC code CIPBITMMXXX
CIPBITMMXXX belongs to Nexi S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | CIPBITMMXXX |
|---|---|
| 8-character code | CIPBITMM |
| Branch code | XXX |
| Bank | Nexi S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Nexi S.P.A. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CIPB Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- MM 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 SWIFT code CIPBITMMXXX?
The code CIPBITMMXXX belongs to the main office of Nexi S.P.A. in Milano, Italy. It is the code to use when a payment to Nexi S.P.A. does not need a specific branch.
What is the best way to send money to Nexi S.P.A. in Italy?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send.
Does Nexi S.P.A. have more SWIFT/BIC codes?
Yes – our database contains 2 SWIFT/BIC codes for Nexi S.P.A. in Italy, for the head office and several branches or departments. You can see them all on the bank page.
Is CIPBITMM and CIPBITMMXXX the same SWIFT code?
Yes, they are. CIPBITMM is the 8-character version of CIPBITMMXXX. The XXX at the end only means head office, so either version will reach Nexi S.P.A. in Milano.
Do I need CIPBITMMXXX 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 CIPBITMMXXX.
What does each part of CIPBITMMXXX mean?
CIPB is the bank code of Nexi S.P.A., IT stands for Italy, MM 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.