SWIFT/BIC code RDSSITM1XXX
RDSSITM1XXX belongs to R.d.s. Securities Sim in Milano, Italy.
Code details
| SWIFT/BIC code | RDSSITM1XXX |
|---|---|
| 8-character code | RDSSITM1 |
| Branch code | XXX |
| Bank | R.d.s. Securities Sim |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the R.d.s. Securities Sim SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- RDSS 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 code RDSSITM1XXX?
The code RDSSITM1XXX belongs to the headquarters of R.d.s. Securities Sim in Milano, Italy. Use it when a payment to R.d.s. Securities Sim does not need a specific branch.
How long does it take to send money to R.d.s. Securities Sim in Italy?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 2–4 business days.
Do I need RDSSITM1XXX to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you still need RDSSITM1XXX.
Are RDSSITM1 and RDSSITM1XXX the same code?
Yes. RDSSITM1 is the 8-character version of RDSSITM1XXX. The XXX at the end only refers to the head office, so both routes your payment to R.d.s. Securities Sim in Milano.
What does each part of RDSSITM1XXX stand for?
RDSS is the bank code of R.d.s. Securities Sim, IT is the ISO code of Italy, M1 is the location code and XXX marks the head office.
Does R.d.s. Securities Sim use a single SWIFT/BIC code?
Yes, RDSSITM1XXX is the only SWIFT/BIC code we have for R.d.s. Securities Sim in Italy, so you do not need to pick a branch code.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.