SWIFT/BIC code FRANITM1XXX
FRANITM1XXX belongs to Franfinance S.A. Succursale In Italia in Milano, Italy.
Code details
| SWIFT/BIC code | FRANITM1XXX |
|---|---|
| 8-character code | FRANITM1 |
| Branch code | XXX |
| Bank | Franfinance S.A. Succursale In Italia |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Franfinance S.A. Succursale In Italia SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FRAN 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
What bank uses BIC FRANITM1XXX?
FRANITM1XXX identifies the head office of Franfinance S.A. Succursale In Italia in Milano, Italy. Use it when a payment to Franfinance S.A. Succursale In Italia does not need a specific branch.
How long does a transfer to Franfinance S.A. Succursale In Italia take in Italy?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Do I need FRANITM1XXX to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need FRANITM1XXX.
Are FRANITM1 and FRANITM1XXX the same SWIFT code?
Yes. FRANITM1 is the short version of FRANITM1XXX. XXX simply means head office, so both routes your payment to Franfinance S.A. Succursale In Italia in Milano.
What does each part of FRANITM1XXX mean?
FRAN is the institution code of Franfinance S.A. Succursale In Italia, IT stands for Italy, M1 is the code for the city or region and XXX means the head office.
What happens if I enter FRANITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check FRANITM1XXX against the details from Franfinance S.A. Succursale In Italia before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.