SWIFT/BIC code REMEITM1XXX
REMEITM1XXX belongs to Reno de Medici in Milano, Italy.
Code details
| SWIFT/BIC code | REMEITM1XXX |
|---|---|
| 8-character code | REMEITM1 |
| Branch code | XXX |
| Bank | Reno de Medici |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Reno de Medici SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- REME 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 SWIFT code REMEITM1XXX?
The code REMEITM1XXX belongs to the head office of Reno de Medici in Milano, Italy. Use it when you send money to an account at Reno de Medici.
Is REMEITM1 and REMEITM1XXX the same SWIFT code?
Yes, they are. REMEITM1 is the 8-character version of REMEITM1XXX. XXX simply means head office, so either version routes your payment to Reno de Medici in Milano.
How long does it take to send money to Reno de Medici in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need REMEITM1XXX for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need REMEITM1XXX.
What happens if I use REMEITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check REMEITM1XXX with the recipient before sending.
What is the cheapest way to send money to Reno de Medici in Italy?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.