SWIFT/BIC code OLSSITM1XXX
OLSSITM1XXX belongs to Olimpia Spv SRL in Milano, Italy.
Code details
| SWIFT/BIC code | OLSSITM1XXX |
|---|---|
| 8-character code | OLSSITM1 |
| Branch code | XXX |
| Bank | Olimpia Spv SRL |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Olimpia Spv SRL SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- OLSS 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 uses BIC OLSSITM1XXX?
OLSSITM1XXX is the SWIFT/BIC code of the headquarters of Olimpia Spv SRL in Milano, Italy. Use it when a payment to Olimpia Spv SRL does not need a specific branch.
How long does a transfer to Olimpia Spv SRL take?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need OLSSITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need OLSSITM1XXX.
Is OLSSITM1 and OLSSITM1XXX the same SWIFT code?
Yes. OLSSITM1 is the short version of OLSSITM1XXX. The XXX at the end only means head office, so either version will reach Olimpia Spv SRL in Milano.
Does Olimpia Spv SRL have only one SWIFT/BIC code?
Yes – OLSSITM1XXX is the single SWIFT/BIC code we have for Olimpia Spv SRL in Italy, so you do not need to pick a branch code.
What is the cheapest way to send money to Olimpia Spv SRL?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive 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.