SWIFT/BIC code OLIPITM1XXX
OLIPITM1XXX belongs to Olimpia SPA in Milano, Italy.
Code details
| SWIFT/BIC code | OLIPITM1XXX |
|---|---|
| 8-character code | OLIPITM1 |
| Branch code | XXX |
| Bank | Olimpia SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Olimpia SPA SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- OLIP 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
What bank uses SWIFT code OLIPITM1XXX?
OLIPITM1XXX is the SWIFT/BIC code of the head office of Olimpia SPA in Milano, Italy. It is the code to use when a payment to Olimpia SPA does not need a specific branch.
Do I need OLIPITM1XXX to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough. For other currencies you still need OLIPITM1XXX.
How long does it take to send money to Olimpia SPA?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Is OLIPITM1 and OLIPITM1XXX the same SWIFT code?
Yes. OLIPITM1 is the 8-character version of OLIPITM1XXX. The XXX at the end only means head office, so either version will reach Olimpia SPA in Milano.
Does Olimpia SPA have only one SWIFT/BIC code?
Yes, OLIPITM1XXX is the only SWIFT/BIC code we have for Olimpia SPA in Italy, so there is no branch code to choose.
What do the letters in OLIPITM1XXX mean?
OLIP is the bank code of Olimpia SPA, IT stands for Italy, M1 is the code for the city or region 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.