SWIFT/BIC code SHMIITM1XXX
SHMIITM1XXX belongs to Shine Sim S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | SHMIITM1XXX |
|---|---|
| 8-character code | SHMIITM1 |
| Branch code | XXX |
| Bank | Shine Sim S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Shine Sim S.P.A. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SHMI 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 uses SWIFT code SHMIITM1XXX?
The code SHMIITM1XXX belongs to the head office of Shine Sim S.P.A. in Milano, Italy. Use it when you send money to an account at Shine Sim S.P.A..
What happens if I use SHMIITM1XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Always check SHMIITM1XXX against the details from Shine Sim S.P.A. before you confirm.
What is the cheapest way to send money to Shine Sim S.P.A. in Italy?
Many banks 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 – the difference can be large.
How long does a transfer to Shine Sim S.P.A. take?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need SHMIITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need SHMIITM1XXX.
Are SHMIITM1 and SHMIITM1XXX the same SWIFT code?
Yes, they are. SHMIITM1 is the 8-character version of SHMIITM1XXX. XXX simply means head office, so both will reach Shine Sim S.P.A. in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.