SWIFT/BIC code SIGPITM1XXX
SIGPITM1XXX belongs to Sisal Group S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | SIGPITM1XXX |
|---|---|
| 8-character code | SIGPITM1 |
| Branch code | XXX |
| Bank | Sisal Group S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Sisal Group S.P.A. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SIGP 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 SIGPITM1XXX?
SIGPITM1XXX identifies the main office of Sisal Group S.P.A. in Milano, Italy. It is the code to use when you send money to an account at Sisal Group S.P.A..
What do the letters in SIGPITM1XXX stand for?
SIGP is the bank code of Sisal Group S.P.A., IT is the ISO code of Italy, M1 is the location code and XXX marks the main office.
What is the best way to send money to Sisal Group S.P.A.?
Banks often add several percent 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.
Are SIGPITM1 and SIGPITM1XXX the same SWIFT code?
Yes, they are. SIGPITM1 is the short version of SIGPITM1XXX. The XXX at the end only means head office, so both routes your payment to Sisal Group S.P.A. in Milano.
What happens if I use SIGPITM1XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check SIGPITM1XXX with the recipient before sending.
Do I need SIGPITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need SIGPITM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.