SWIFT/BIC code MFRIITM1XXX
MFRIITM1XXX belongs to Mercati Finanziari Sim in Milano, Italy.
Code details
| SWIFT/BIC code | MFRIITM1XXX |
|---|---|
| 8-character code | MFRIITM1 |
| Branch code | XXX |
| Bank | Mercati Finanziari Sim |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Mercati Finanziari Sim SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MFRI 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 institution is behind BIC MFRIITM1XXX?
MFRIITM1XXX identifies the headquarters of Mercati Finanziari Sim in Milano, Italy. Use it when you send money to an account at Mercati Finanziari Sim.
What happens if I use MFRIITM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check MFRIITM1XXX against the details from Mercati Finanziari Sim before you confirm.
Does Mercati Finanziari Sim have only one SWIFT/BIC code?
Yes, MFRIITM1XXX is the single SWIFT/BIC code we have for Mercati Finanziari Sim in Italy, so there is no branch code to choose.
How long does a transfer to Mercati Finanziari Sim take in Italy?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Do I need MFRIITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you do need MFRIITM1XXX.
Is MFRIITM1 and MFRIITM1XXX the same SWIFT code?
Yes. MFRIITM1 is the 8-character version of MFRIITM1XXX. The XXX at the end only means head office, so both routes your payment to Mercati Finanziari Sim in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.