SWIFT/BIC code MEDOITM1XXX
MEDOITM1XXX belongs to Mediosim SPA in Milano, Italy.
Code details
| SWIFT/BIC code | MEDOITM1XXX |
|---|---|
| 8-character code | MEDOITM1 |
| Branch code | XXX |
| Bank | Mediosim SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Mediosim SPA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MEDO 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 uses BIC MEDOITM1XXX?
MEDOITM1XXX identifies the main office of Mediosim SPA in Milano, Italy. It is the code to use when you send money to an account at Mediosim SPA.
What does each part of MEDOITM1XXX mean?
MEDO is the institution code of Mediosim SPA, IT is the ISO code of Italy, M1 is the code for the city or region and XXX means the main office.
What happens if I use MEDOITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check MEDOITM1XXX against the details from Mediosim SPA before you confirm.
Does Mediosim SPA have only one SWIFT/BIC code?
Yes – MEDOITM1XXX is the only SWIFT/BIC code we have for Mediosim SPA in Italy, so there is no branch code to choose.
How long does it take to send money to Mediosim SPA in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need MEDOITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need MEDOITM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.