SWIFT/BIC code SCEMITM1XXX
SCEMITM1XXX belongs to Solutions Capital Management Sim in Milano, Italy.
Code details
| SWIFT/BIC code | SCEMITM1XXX |
|---|---|
| 8-character code | SCEMITM1 |
| Branch code | XXX |
| Bank | Solutions Capital Management Sim |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Solutions Capital Management Sim SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SCEM 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 is behind BIC SCEMITM1XXX?
SCEMITM1XXX is the SWIFT/BIC code of the main office of Solutions Capital Management Sim in Milano, Italy. It is the code to use when a payment to Solutions Capital Management Sim does not need a specific branch.
What do the letters in SCEMITM1XXX mean?
SCEM is the institution code of Solutions Capital Management Sim, 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 best way to send money to Solutions Capital Management Sim?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send – the difference can be large.
Does Solutions Capital Management Sim have a single SWIFT/BIC code?
Yes – SCEMITM1XXX is the single SWIFT/BIC code we have for Solutions Capital Management Sim in Italy, so there is no branch code to choose.
Are SCEMITM1 and SCEMITM1XXX the same SWIFT code?
Yes, they are. SCEMITM1 is the short version of SCEMITM1XXX. The XXX at the end only refers to the head office, so either version routes your payment to Solutions Capital Management Sim in Milano.
How long does it take to send money to Solutions Capital Management Sim?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.