SWIFT/BIC code COMVITM1XXX
COMVITM1XXX belongs to Commivalor Sim in Milano, Italy.
Code details
| SWIFT/BIC code | COMVITM1XXX |
|---|---|
| 8-character code | COMVITM1 |
| Branch code | XXX |
| Bank | Commivalor Sim |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Commivalor Sim SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- COMV 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 bank uses SWIFT/BIC code COMVITM1XXX?
COMVITM1XXX is the SWIFT/BIC code of the head office of Commivalor Sim in Milano, Italy. Use it when you send money to an account at Commivalor Sim.
What is the cheapest way to send money to Commivalor Sim in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.
Is COMVITM1 and COMVITM1XXX the same code?
Yes, they are. COMVITM1 is the 8-character version of COMVITM1XXX. The XXX at the end only means head office, so either version will reach Commivalor Sim in Milano.
How long does a transfer to Commivalor Sim take?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need COMVITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. For other currencies you still need COMVITM1XXX.
Does Commivalor Sim use a single SWIFT/BIC code?
Yes – COMVITM1XXX is the single SWIFT/BIC code listed for Commivalor Sim in Italy, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.