SWIFT/BIC code NEPMITM1XXX
NEPMITM1XXX belongs to Nextam Partners Sim in Milano, Italy.
Code details
| SWIFT/BIC code | NEPMITM1XXX |
|---|---|
| 8-character code | NEPMITM1 |
| Branch code | XXX |
| Bank | Nextam Partners Sim |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Nextam Partners Sim SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- NEPM 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 institution is behind BIC NEPMITM1XXX?
The code NEPMITM1XXX belongs to the head office of Nextam Partners Sim in Milano, Italy. It is the code to use when you send money to an account at Nextam Partners Sim.
What do the letters in NEPMITM1XXX stand for?
NEPM is the institution code of Nextam Partners Sim, IT is the ISO code of Italy, M1 is the location code and XXX marks the main office.
What happens if I use NEPMITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check NEPMITM1XXX with the recipient before sending.
Do I need NEPMITM1XXX to send euros 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 NEPMITM1XXX.
How long does it take to send money to Nextam Partners Sim?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Are NEPMITM1 and NEPMITM1XXX the same code?
Yes. NEPMITM1 is the 8-character version of NEPMITM1XXX. The XXX at the end only means head office, so either version routes your payment to Nextam Partners Sim in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.