SWIFT/BIC code FERBITM1XXX
FERBITM1XXX belongs to Finanziaria Ernesto Breda SPA - Obb in Milano, Italy.
Code details
| SWIFT/BIC code | FERBITM1XXX |
|---|---|
| 8-character code | FERBITM1 |
| Branch code | XXX |
| Bank | Finanziaria Ernesto Breda SPA - Obb |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Finanziaria Ernesto Breda SPA - Obb SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FERB 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 FERBITM1XXX?
FERBITM1XXX is the SWIFT/BIC code of the main office of Finanziaria Ernesto Breda SPA - Obb in Milano, Italy. It is the code to use when a payment to Finanziaria Ernesto Breda SPA - Obb does not need a specific branch.
What happens if I use FERBITM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check FERBITM1XXX with the recipient before sending.
What is the cheapest way to send money to Finanziaria Ernesto Breda SPA - Obb in Italy?
Many banks 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 – the difference can be large.
Are FERBITM1 and FERBITM1XXX the same SWIFT code?
Yes. FERBITM1 is the 8-character version of FERBITM1XXX. The XXX at the end only means head office, so both will reach Finanziaria Ernesto Breda SPA - Obb in Milano.
Do I need FERBITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need FERBITM1XXX.
How long does it take to send money to Finanziaria Ernesto Breda SPA - Obb in Italy?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.