SWIFT/BIC code MACQITM1XXX
MACQITM1XXX belongs to Macquarie Bank Limited in Milano, Italy.
Code details
| SWIFT/BIC code | MACQITM1XXX |
|---|---|
| 8-character code | MACQITM1 |
| Branch code | XXX |
| Bank | Macquarie Bank Limited |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Macquarie Bank Limited SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MACQ 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 MACQITM1XXX?
MACQITM1XXX identifies the headquarters of Macquarie Bank Limited in Milano, Italy. It is the code to use when a payment to Macquarie Bank Limited does not need a specific branch.
Is MACQITM1 and MACQITM1XXX the same code?
Yes. MACQITM1 is the short version of MACQITM1XXX. XXX simply refers to the head office, so either version will reach Macquarie Bank Limited in Milano.
What is the cheapest way to send money to Macquarie Bank Limited?
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.
Do I need MACQITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need MACQITM1XXX.
How long does it take to send money to Macquarie Bank Limited in Italy?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Does Macquarie Bank Limited have a single SWIFT/BIC code?
Yes – MACQITM1XXX is the only SWIFT/BIC code we have for Macquarie Bank Limited 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.