SWIFT/BIC code MONAITM1XXX
MONAITM1XXX belongs to ING Sviluppo Gestioni SPA in Milano, Italy.
Code details
| SWIFT/BIC code | MONAITM1XXX |
|---|---|
| 8-character code | MONAITM1 |
| Branch code | XXX |
| Bank | ING Sviluppo Gestioni SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the ING Sviluppo Gestioni SPA SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MONA 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 MONAITM1XXX?
MONAITM1XXX is the SWIFT/BIC code of the headquarters of ING Sviluppo Gestioni SPA in Milano, Italy. It is the code to use when a payment to ING Sviluppo Gestioni SPA does not need a specific branch.
Is MONAITM1 and MONAITM1XXX the same SWIFT code?
Yes, they are. MONAITM1 is the short version of MONAITM1XXX. XXX simply means head office, so either version routes your payment to ING Sviluppo Gestioni SPA in Milano.
What happens if I enter MONAITM1XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check MONAITM1XXX against the details from ING Sviluppo Gestioni SPA before sending.
Do I need MONAITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need MONAITM1XXX.
How long does it take to send money to ING Sviluppo Gestioni SPA in Italy?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
What is the cheapest way to send money to ING Sviluppo Gestioni SPA in Italy?
Many banks add several percent to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.