SWIFT/BIC code MOTIITMMDCU
MOTIITMMDCU belongs to Monte Titoli S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | MOTIITMMDCU |
|---|---|
| 8-character code | MOTIITMM |
| Branch code | DCU |
| Bank | Monte Titoli S.P.A. |
| Branch | Direct Custody Payment |
| City | Milano |
| Country | Italy |
How the Monte Titoli S.P.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MOTI Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- MM Location code
- 2 characters for the city or region of the head office.
- DCU 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/BIC code MOTIITMMDCU?
The code MOTIITMMDCU belongs to Direct Custody Payment, part of Monte Titoli S.P.A. in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
Do I need MOTIITMMDCU for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need MOTIITMMDCU.
How long does a transfer to Monte Titoli S.P.A. take in Italy?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
What is the cheapest way to send money to Monte Titoli S.P.A. in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.
What does each part of MOTIITMMDCU mean?
MOTI is the bank code of Monte Titoli S.P.A., IT is the ISO code of Italy, MM is the location code and DCU is the code of the department Direct Custody Payment.
Has Monte Titoli S.P.A. got more SWIFT/BIC codes?
Yes – we list 13 SWIFT/BIC codes for Monte Titoli S.P.A. in Italy. All of them are listed on the page of Monte Titoli S.P.A..
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.