SWIFT/BIC code ITFLITM1XXX
ITFLITM1XXX belongs to Italian Finance S.r.l. in Milano, Italy.
Code details
| SWIFT/BIC code | ITFLITM1XXX |
|---|---|
| 8-character code | ITFLITM1 |
| Branch code | XXX |
| Bank | Italian Finance S.r.l. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Italian Finance S.r.l. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ITFL 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 SWIFT/BIC code ITFLITM1XXX?
ITFLITM1XXX is the SWIFT/BIC code of the headquarters of Italian Finance S.r.l. in Milano, Italy. Use it when a payment to Italian Finance S.r.l. does not need a specific branch.
Do I need ITFLITM1XXX for a euro transfer 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 ITFLITM1XXX.
How long does it take to send money to Italian Finance S.r.l. 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.
What does each part of ITFLITM1XXX stand for?
ITFL is the bank code of Italian Finance S.r.l., IT stands for Italy, M1 is the code for the city or region and XXX means the main office.
Is ITFLITM1 and ITFLITM1XXX the same SWIFT code?
Yes, they are. ITFLITM1 is the 8-character version of ITFLITM1XXX. The XXX at the end only means head office, so either version will reach Italian Finance S.r.l. in Milano.
What is the cheapest way to send money to Italian Finance S.r.l.?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.