SWIFT/BIC code MIIPITM1XXX
MIIPITM1XXX belongs to Mid Industry Capital SPA in Milano, Italy.
Code details
| SWIFT/BIC code | MIIPITM1XXX |
|---|---|
| 8-character code | MIIPITM1 |
| Branch code | XXX |
| Bank | Mid Industry Capital SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Mid Industry Capital SPA SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MIIP 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 is behind BIC MIIPITM1XXX?
MIIPITM1XXX identifies the headquarters of Mid Industry Capital SPA in Milano, Italy. It is the code to use when you send money to an account at Mid Industry Capital SPA.
What is the best way to send money to Mid Industry Capital SPA in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
What happens if I use MIIPITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check MIIPITM1XXX against the details from Mid Industry Capital SPA before sending.
How long does a transfer to Mid Industry Capital SPA take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need MIIPITM1XXX to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you still need MIIPITM1XXX.
Is MIIPITM1 and MIIPITM1XXX the same SWIFT code?
Yes. MIIPITM1 is the 8-character version of MIIPITM1XXX. The XXX at the end only means head office, so either version routes your payment to Mid Industry Capital SPA in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.