SWIFT/BIC code MOTIITMMREL
MOTIITMMREL belongs to Monte Titoli S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | MOTIITMMREL |
|---|---|
| 8-character code | MOTIITMM |
| Branch code | REL |
| Bank | Monte Titoli S.P.A. |
| Branch | Securities Net Settlement |
| City | Milano |
| Country | Italy |
How the Monte Titoli S.P.A. SWIFT/BIC is built up
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.
- REL 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 branch uses BIC MOTIITMMREL?
MOTIITMMREL identifies Securities Net Settlement, a branch or department of Monte Titoli S.P.A. in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Can I use MOTIITMM instead of MOTIITMMREL?
MOTIITMM is the head office of Monte Titoli S.P.A., while MOTIITMMREL is Securities Net Settlement. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention MOTIITMMREL.
What is the best 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 – the difference can be large.
Has Monte Titoli S.P.A. got more SWIFT/BIC codes?
Yes, our database contains 13 SWIFT/BIC codes for Monte Titoli S.P.A. in Italy. You can see them all on the bank page.
What happens if I enter MOTIITMMREL with a typo?
The payment may be delayed, returned or charged extra fees. Double-check MOTIITMMREL with the recipient before you confirm.
How long does a transfer to Monte Titoli S.P.A. take in Italy?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.