SWIFT/BIC code REOOITM1XXX
REOOITM1XXX belongs to Recordati in Milano, Italy.
Code details
| SWIFT/BIC code | REOOITM1XXX |
|---|---|
| 8-character code | REOOITM1 |
| Branch code | XXX |
| Bank | Recordati |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Recordati SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- REOO 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 REOOITM1XXX?
REOOITM1XXX is the SWIFT/BIC code of the head office of Recordati in Milano, Italy. It is the code to use when you send money to an account at Recordati.
What do the letters in REOOITM1XXX mean?
REOO is the bank code of Recordati, IT stands for Italy, M1 is the code for the city or region and XXX marks the head office.
What is the cheapest way to send money to Recordati?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send.
Does Recordati use only one SWIFT/BIC code?
Yes, REOOITM1XXX is the only SWIFT/BIC code listed for Recordati in Italy, so there is no branch code to choose.
Are REOOITM1 and REOOITM1XXX the same SWIFT code?
Yes, they are. REOOITM1 is the short version of REOOITM1XXX. The XXX at the end only means head office, so either version will reach Recordati in Milano.
How long does it take to send money to Recordati?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.