SWIFT/BIC code FRIPITM1XXX
FRIPITM1XXX belongs to Fitch Italia S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | FRIPITM1XXX |
|---|---|
| 8-character code | FRIPITM1 |
| Branch code | XXX |
| Bank | Fitch Italia S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Fitch Italia S.P.A. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FRIP 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 FRIPITM1XXX?
FRIPITM1XXX identifies the headquarters of Fitch Italia S.P.A. in Milano, Italy. Use it when a payment to Fitch Italia S.P.A. does not need a specific branch.
What does each part of FRIPITM1XXX mean?
FRIP is the bank code of Fitch Italia S.P.A., IT stands for Italy, M1 is the location code and XXX marks the head office.
What happens if I enter FRIPITM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check FRIPITM1XXX with the recipient before sending.
What is the best way to send money to Fitch Italia S.P.A. 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.
Are FRIPITM1 and FRIPITM1XXX the same SWIFT code?
Yes. FRIPITM1 is the short version of FRIPITM1XXX. The XXX at the end only refers to the head office, so both will reach Fitch Italia S.P.A. in Milano.
Do I need FRIPITM1XXX for a euro transfer to Italy?
Italy is part of 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 FRIPITM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.