SWIFT/BIC code GMFIITM1XXX
GMFIITM1XXX belongs to Gmfinance SPA in Milano, Italy.
Code details
| SWIFT/BIC code | GMFIITM1XXX |
|---|---|
| 8-character code | GMFIITM1 |
| Branch code | XXX |
| Bank | Gmfinance SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Gmfinance SPA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- GMFI 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 code GMFIITM1XXX?
The code GMFIITM1XXX belongs to the main office of Gmfinance SPA in Milano, Italy. It is the code to use when you send money to an account at Gmfinance SPA.
Does Gmfinance SPA have a single SWIFT/BIC code?
Yes – GMFIITM1XXX is the only SWIFT/BIC code we have for Gmfinance SPA in Italy, so you do not need to pick a branch code.
Do I need GMFIITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you still need GMFIITM1XXX.
How long does a transfer to Gmfinance SPA take in Italy?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Are GMFIITM1 and GMFIITM1XXX the same code?
Yes, they are. GMFIITM1 is the 8-character version of GMFIITM1XXX. The XXX at the end only means head office, so either version will reach Gmfinance SPA in Milano.
What do the letters in GMFIITM1XXX mean?
GMFI is the institution code of Gmfinance SPA, IT is the ISO code of Italy, M1 is the location code and XXX marks the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.