SWIFT/BIC code MELYITM1XXX
MELYITM1XXX belongs to Merrill Lynch International Bank Limited in Milano, Italy.
Code details
| SWIFT/BIC code | MELYITM1XXX |
|---|---|
| 8-character code | MELYITM1 |
| Branch code | XXX |
| Bank | Merrill Lynch International Bank Limited |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Merrill Lynch International Bank Limited SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MELY 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 code MELYITM1XXX?
MELYITM1XXX is the SWIFT/BIC code of the headquarters of Merrill Lynch International Bank Limited in Milano, Italy. Use it when a payment to Merrill Lynch International Bank Limited does not need a specific branch.
What does each part of MELYITM1XXX mean?
MELY is the bank code of Merrill Lynch International Bank Limited, IT is the ISO code of Italy, M1 is the code for the city or region and XXX marks the main office.
How long does it take to send money to Merrill Lynch International Bank Limited?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Do I need MELYITM1XXX for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need MELYITM1XXX.
Is MELYITM1 and MELYITM1XXX the same code?
Yes. MELYITM1 is the 8-character version of MELYITM1XXX. The XXX at the end only refers to the head office, so both will reach Merrill Lynch International Bank Limited in Milano.
What happens if I use MELYITM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check MELYITM1XXX against the details from Merrill Lynch International Bank Limited before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.