SWIFT/BIC code SHMLITM1XXX
SHMLITM1XXX belongs to Schema L S.r.l. in Milano, Italy.
Code details
| SWIFT/BIC code | SHMLITM1XXX |
|---|---|
| 8-character code | SHMLITM1 |
| Branch code | XXX |
| Bank | Schema L S.r.l. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Schema L S.r.l. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SHML 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 uses SWIFT/BIC code SHMLITM1XXX?
SHMLITM1XXX identifies the headquarters of Schema L S.r.l. in Milano, Italy. It is the code to use when you send money to an account at Schema L S.r.l..
What happens if I use SHMLITM1XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check SHMLITM1XXX against the details from Schema L S.r.l. before you confirm.
Is SHMLITM1 and SHMLITM1XXX the same code?
Yes. SHMLITM1 is the 8-character version of SHMLITM1XXX. XXX simply means head office, so either version routes your payment to Schema L S.r.l. in Milano.
What does each part of SHMLITM1XXX stand for?
SHML is the bank code of Schema L S.r.l., IT stands for Italy, M1 is the location code and XXX means the head office.
What is the cheapest way to send money to Schema L S.r.l. in Italy?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
How long does it take to send money to Schema L S.r.l. in Italy?
SEPA payments in euros usually arrive within one 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.