SWIFT/BIC code MSIBITM1XXX
MSIBITM1XXX belongs to Meda Sim Bipiemme in Milano, Italy.
Code details
| SWIFT/BIC code | MSIBITM1XXX |
|---|---|
| 8-character code | MSIBITM1 |
| Branch code | XXX |
| Bank | Meda Sim Bipiemme |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Meda Sim Bipiemme SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MSIB 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 uses SWIFT/BIC code MSIBITM1XXX?
MSIBITM1XXX identifies the main office of Meda Sim Bipiemme in Milano, Italy. It is the code to use when you send money to an account at Meda Sim Bipiemme.
What happens if I enter MSIBITM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check MSIBITM1XXX against the details from Meda Sim Bipiemme before sending.
Do I need MSIBITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need MSIBITM1XXX.
How long does a transfer to Meda Sim Bipiemme take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Is MSIBITM1 and MSIBITM1XXX the same code?
Yes. MSIBITM1 is the short version of MSIBITM1XXX. XXX simply means head office, so both routes your payment to Meda Sim Bipiemme in Milano.
What do the letters in MSIBITM1XXX stand for?
MSIB is the institution code of Meda Sim Bipiemme, IT stands for Italy, M1 is the location code and XXX means the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.