SWIFT/BIC code SDITITM1XXX
SDITITM1XXX belongs to Simcredit in Milano, Italy.
Code details
| SWIFT/BIC code | SDITITM1XXX |
|---|---|
| 8-character code | SDITITM1 |
| Branch code | XXX |
| Bank | Simcredit |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Simcredit SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SDIT 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 SDITITM1XXX?
SDITITM1XXX is the SWIFT/BIC code of the headquarters of Simcredit in Milano, Italy. Use it when a payment to Simcredit does not need a specific branch.
What does each part of SDITITM1XXX stand for?
SDIT is the institution code of Simcredit, IT stands for Italy, M1 is the code for the city or region and XXX marks the head office.
Does Simcredit use a single SWIFT/BIC code?
Yes – SDITITM1XXX is the single SWIFT/BIC code listed for Simcredit in Italy, so there is no branch code to choose.
What is the cheapest way to send money to Simcredit?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send.
What happens if I use SDITITM1XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check SDITITM1XXX against the details from Simcredit before sending.
How long does it take to send money to Simcredit?
Euro transfers within SEPA normally arrive the next business day. 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.