SWIFT/BIC code ITIVITM1XXX
ITIVITM1XXX belongs to Italia Investimenti S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | ITIVITM1XXX |
|---|---|
| 8-character code | ITIVITM1 |
| Branch code | XXX |
| Bank | Italia Investimenti S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Italia Investimenti S.P.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ITIV 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 ITIVITM1XXX?
The code ITIVITM1XXX belongs to the headquarters of Italia Investimenti S.P.A. in Milano, Italy. It is the code to use when a payment to Italia Investimenti S.P.A. does not need a specific branch.
What happens if I use ITIVITM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check ITIVITM1XXX against the details from Italia Investimenti S.P.A. before sending.
What is the best way to send money to Italia Investimenti S.P.A.?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send – the difference can be large.
Does Italia Investimenti S.P.A. have a single SWIFT/BIC code?
Yes, ITIVITM1XXX is the single SWIFT/BIC code we have for Italia Investimenti S.P.A. in Italy, so there is no branch code to choose.
Is ITIVITM1 and ITIVITM1XXX the same SWIFT code?
Yes, they are. ITIVITM1 is the 8-character version of ITIVITM1XXX. The XXX at the end only means head office, so either version routes your payment to Italia Investimenti S.P.A. in Milano.
Do I need ITIVITM1XXX for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need ITIVITM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.