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SWIFT/BIC code MOTIITMMRRG

MOTIITMMRRG belongs to Monte Titoli S.P.A. in Milano, Italy.

MOTIITMMRRG

Code details

SWIFT/BIC codeMOTIITMMRRG
8-character codeMOTIITMM
Branch codeRRG
BankMonte Titoli S.P.A.
BranchReal Time Gross Settlement
CityMilano
CountryItaly

The way 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.
RRG 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 SWIFT code MOTIITMMRRG?

The code MOTIITMMRRG belongs to Real Time Gross Settlement, a unit of Monte Titoli S.P.A. in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

Do I need MOTIITMMRRG for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you do need MOTIITMMRRG.

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 1–3 business days.

Does Monte Titoli S.P.A. have more SWIFT/BIC codes?

Yes, we list 13 SWIFT/BIC codes for Monte Titoli S.P.A. in Italy. You can see them all on the bank page.

What does each part of MOTIITMMRRG mean?

MOTI is the bank code of Monte Titoli S.P.A., IT stands for Italy, MM is the location code and RRG identifies the branch Real Time Gross Settlement.

What is the cheapest way to send money to Monte Titoli S.P.A.?

Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.