SWIFT/BIC code COFSITM1XXX
COFSITM1XXX belongs to Cofilp Sim SPA in Milano, Italy.
Code details
| SWIFT/BIC code | COFSITM1XXX |
|---|---|
| 8-character code | COFSITM1 |
| Branch code | XXX |
| Bank | Cofilp Sim SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Cofilp Sim SPA SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- COFS 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 SWIFT/BIC code COFSITM1XXX?
COFSITM1XXX is the SWIFT/BIC code of the main office of Cofilp Sim SPA in Milano, Italy. Use it when a payment to Cofilp Sim SPA does not need a specific branch.
What happens if I use COFSITM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check COFSITM1XXX with the recipient before you confirm.
What is the cheapest way to send money to Cofilp Sim SPA?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.
Does Cofilp Sim SPA use a single SWIFT/BIC code?
Yes – COFSITM1XXX is the only SWIFT/BIC code we have for Cofilp Sim SPA in Italy, so you do not need to pick a branch code.
What do the letters in COFSITM1XXX mean?
COFS is the bank code of Cofilp Sim SPA, IT is the ISO code of Italy, M1 is the code for the city or region and XXX means the main office.
Is COFSITM1 and COFSITM1XXX the same SWIFT code?
Yes, they are. COFSITM1 is the short version of COFSITM1XXX. XXX simply refers to the head office, so either version routes your payment to Cofilp Sim SPA in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.