SWIFT/BIC code MCISITR1XXX

MCISITR1XXX belongs to Microcredito Italiano SPA in Roma, Italy.

MCISITR1XXX

Code details

SWIFT/BIC codeMCISITR1XXX
8-character codeMCISITR1
Branch codeXXX
BankMicrocredito Italiano SPA
BranchHead office
CityRoma
CountryItaly

The way the Microcredito Italiano SPA SWIFT/BIC works

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

MCIS Bank code
4 letters that identify the bank.
IT Country code
2 letters for the country (ISO 3166).
R1 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 BIC MCISITR1XXX?

MCISITR1XXX is the SWIFT/BIC code of the headquarters of Microcredito Italiano SPA in Roma, Italy. It is the code to use when a payment to Microcredito Italiano SPA does not need a specific branch.

Is MCISITR1 and MCISITR1XXX the same code?

Yes. MCISITR1 is the 8-character version of MCISITR1XXX. The XXX at the end only means head office, so either version routes your payment to Microcredito Italiano SPA in Roma.

How long does it take to send money to Microcredito Italiano SPA in Italy?

SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.

Do I need MCISITR1XXX to send euros to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need MCISITR1XXX.

What is the best way to send money to Microcredito Italiano SPA?

Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.

What do the letters in MCISITR1XXX mean?

MCIS is the bank code of Microcredito Italiano SPA, IT stands for Italy, R1 is the code for the city or region and XXX marks the main office.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.