SWIFT/BIC code IBFBITM1XXX
IBFBITM1XXX belongs to Ibf Investment Broker Fin in Milano, Italy.
Code details
| SWIFT/BIC code | IBFBITM1XXX |
|---|---|
| 8-character code | IBFBITM1 |
| Branch code | XXX |
| Bank | Ibf Investment Broker Fin |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Ibf Investment Broker Fin SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IBFB 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 IBFBITM1XXX?
IBFBITM1XXX identifies the headquarters of Ibf Investment Broker Fin in Milano, Italy. It is the code to use when a payment to Ibf Investment Broker Fin does not need a specific branch.
Does Ibf Investment Broker Fin have a single SWIFT/BIC code?
Yes, IBFBITM1XXX is the single SWIFT/BIC code we have for Ibf Investment Broker Fin in Italy, so there is no branch code to choose.
Do I need IBFBITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need IBFBITM1XXX.
How long does a transfer to Ibf Investment Broker Fin take in Italy?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 1–3 business days.
Are IBFBITM1 and IBFBITM1XXX the same code?
Yes, they are. IBFBITM1 is the 8-character version of IBFBITM1XXX. The XXX at the end only refers to the head office, so either version will reach Ibf Investment Broker Fin in Milano.
What does each part of IBFBITM1XXX mean?
IBFB is the bank code of Ibf Investment Broker Fin, IT stands for Italy, M1 is the location code and XXX marks the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.