SWIFT/BIC code RETIITM1XXX
RETIITM1XXX belongs to Retelit SPA in Milano, Italy.
Code details
| SWIFT/BIC code | RETIITM1XXX |
|---|---|
| 8-character code | RETIITM1 |
| Branch code | XXX |
| Bank | Retelit SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Retelit SPA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- RETI 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/BIC code RETIITM1XXX?
RETIITM1XXX identifies the main office of Retelit SPA in Milano, Italy. Use it when you send money to an account at Retelit SPA.
What happens if I use RETIITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check RETIITM1XXX against the details from Retelit SPA before sending.
Does Retelit SPA have a single SWIFT/BIC code?
Yes, RETIITM1XXX is the only SWIFT/BIC code listed for Retelit SPA in Italy, so there is no branch code to choose.
What is the best way to send money to Retelit SPA in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.
What do the letters in RETIITM1XXX stand for?
RETI is the institution code of Retelit SPA, IT is the ISO code of Italy, M1 is the code for the city or region and XXX means the head office.
Is RETIITM1 and RETIITM1XXX the same SWIFT code?
Yes, they are. RETIITM1 is the 8-character version of RETIITM1XXX. The XXX at the end only refers to the head office, so both routes your payment to Retelit SPA in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.