SWIFT/BIC code IFILITM1XXX
IFILITM1XXX belongs to Ifitalia in Milano, Italy.
Code details
| SWIFT/BIC code | IFILITM1XXX |
|---|---|
| 8-character code | IFILITM1 |
| Branch code | XXX |
| Bank | Ifitalia |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Ifitalia SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IFIL 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 code IFILITM1XXX?
The code IFILITM1XXX belongs to the head office of Ifitalia in Milano, Italy. Use it when a payment to Ifitalia does not need a specific branch.
What happens if I use IFILITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check IFILITM1XXX with the recipient before you confirm.
Are IFILITM1 and IFILITM1XXX the same code?
Yes. IFILITM1 is the 8-character version of IFILITM1XXX. XXX simply refers to the head office, so either version will reach Ifitalia in Milano.
Do I need IFILITM1XXX 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. For other currencies you do need IFILITM1XXX.
How long does a transfer to Ifitalia take in Italy?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 1–3 business days.
Does Ifitalia use only one SWIFT/BIC code?
Yes, IFILITM1XXX is the single SWIFT/BIC code we have for Ifitalia in Italy, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.