SWIFT/BIC code ISRSITM1XXX
ISRSITM1XXX belongs to Island Refinancing SRL in Milano, Italy.
Code details
| SWIFT/BIC code | ISRSITM1XXX |
|---|---|
| 8-character code | ISRSITM1 |
| Branch code | XXX |
| Bank | Island Refinancing SRL |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Island Refinancing SRL SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ISRS 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 is behind BIC ISRSITM1XXX?
ISRSITM1XXX identifies the head office of Island Refinancing SRL in Milano, Italy. Use it when a payment to Island Refinancing SRL does not need a specific branch.
Do I need ISRSITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you do need ISRSITM1XXX.
How long does a transfer to Island Refinancing SRL take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Is ISRSITM1 and ISRSITM1XXX the same code?
Yes, they are. ISRSITM1 is the short version of ISRSITM1XXX. XXX simply refers to the head office, so both routes your payment to Island Refinancing SRL in Milano.
What does each part of ISRSITM1XXX mean?
ISRS is the institution code of Island Refinancing SRL, IT stands for Italy, M1 is the location code and XXX marks the main office.
What happens if I enter ISRSITM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check ISRSITM1XXX against the details from Island Refinancing SRL before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.