SWIFT/BIC code INSMITM1XXX
INSMITM1XXX belongs to Intersim SPA in Milano, Italy.
Code details
| SWIFT/BIC code | INSMITM1XXX |
|---|---|
| 8-character code | INSMITM1 |
| Branch code | XXX |
| Bank | Intersim SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Intersim SPA SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- INSM 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 is behind BIC INSMITM1XXX?
INSMITM1XXX identifies the headquarters of Intersim SPA in Milano, Italy. Use it when a payment to Intersim SPA does not need a specific branch.
Are INSMITM1 and INSMITM1XXX the same code?
Yes. INSMITM1 is the short version of INSMITM1XXX. XXX simply refers to the head office, so both will reach Intersim SPA in Milano.
What do the letters in INSMITM1XXX stand for?
INSM is the institution code of Intersim SPA, IT is the ISO code of Italy, M1 is the location code and XXX marks the head office.
How long does a transfer to Intersim SPA take in Italy?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need INSMITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need INSMITM1XXX.
What happens if I enter INSMITM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check INSMITM1XXX with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.