SWIFT/BIC code RSSMITM1XXX
RSSMITM1XXX belongs to Rasfin Societa' di Intermediazione Mobiliare SPA in Milano, Italy.
Code details
| SWIFT/BIC code | RSSMITM1XXX |
|---|---|
| 8-character code | RSSMITM1 |
| Branch code | XXX |
| Bank | Rasfin Societa' di Intermediazione Mobiliare SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Rasfin Societa' di Intermediazione Mobiliare SPA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- RSSM 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 RSSMITM1XXX?
RSSMITM1XXX is the SWIFT/BIC code of the headquarters of Rasfin Societa' di Intermediazione Mobiliare SPA in Milano, Italy. It is the code to use when a payment to Rasfin Societa' di Intermediazione Mobiliare SPA does not need a specific branch.
Do I need RSSMITM1XXX for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need RSSMITM1XXX.
How long does a transfer to Rasfin Societa' di Intermediazione Mobiliare SPA take in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Is RSSMITM1 and RSSMITM1XXX the same SWIFT code?
Yes, they are. RSSMITM1 is the 8-character version of RSSMITM1XXX. The XXX at the end only refers to the head office, so either version routes your payment to Rasfin Societa' di Intermediazione Mobiliare SPA in Milano.
What does each part of RSSMITM1XXX mean?
RSSM is the bank code of Rasfin Societa' di Intermediazione Mobiliare SPA, IT is the ISO code of Italy, M1 is the code for the city or region and XXX means the main office.
What is the cheapest way to send money to Rasfin Societa' di Intermediazione Mobiliare SPA in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive 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.