SWIFT/BIC code SCETITM1XXX
SCETITM1XXX belongs to Istituto Centrale Delle Banche Popolari Italiane SPA in Milano, Italy.
Code details
| SWIFT/BIC code | SCETITM1XXX |
|---|---|
| 8-character code | SCETITM1 |
| Branch code | XXX |
| Bank | Istituto Centrale Delle Banche Popolari Italiane SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Istituto Centrale Delle Banche Popolari Italiane SPA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SCET 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
What bank is behind BIC SCETITM1XXX?
SCETITM1XXX identifies the headquarters of Istituto Centrale Delle Banche Popolari Italiane SPA in Milano, Italy. It is the code to use when a payment to Istituto Centrale Delle Banche Popolari Italiane SPA does not need a specific branch.
What is the cheapest way to send money to Istituto Centrale Delle Banche Popolari Italiane SPA?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
Does Istituto Centrale Delle Banche Popolari Italiane SPA use a single SWIFT/BIC code?
Yes – SCETITM1XXX is the only SWIFT/BIC code listed for Istituto Centrale Delle Banche Popolari Italiane SPA in Italy, so you do not need to pick a branch code.
How long does a transfer to Istituto Centrale Delle Banche Popolari Italiane SPA take in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need SCETITM1XXX for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough. For other currencies you do need SCETITM1XXX.
Is SCETITM1 and SCETITM1XXX the same code?
Yes. SCETITM1 is the 8-character version of SCETITM1XXX. XXX simply refers to the head office, so either version will reach Istituto Centrale Delle Banche Popolari Italiane SPA in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.