SWIFT/BIC code SIMSITM1XXX

SIMSITM1XXX belongs to Siba Sim - Milano in Milano, Italy.

SIMSITM1XXX

Code details

SWIFT/BIC codeSIMSITM1XXX
8-character codeSIMSITM1
Branch codeXXX
BankSiba Sim - Milano
BranchHead office
CityMilano
CountryItaly

How the Siba Sim - Milano SWIFT/BIC is structured

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

SIMS 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/BIC code SIMSITM1XXX?

SIMSITM1XXX is the SWIFT/BIC code of the headquarters of Siba Sim - Milano in Milano, Italy. It is the code to use when a payment to Siba Sim - Milano does not need a specific branch.

Does Siba Sim - Milano have a single SWIFT/BIC code?

Yes – SIMSITM1XXX is the single SWIFT/BIC code listed for Siba Sim - Milano in Italy, so you do not need to pick a branch code.

What happens if I use SIMSITM1XXX with a typo?

Your transfer can bounce, get stuck or cost extra. Double-check SIMSITM1XXX against the details from Siba Sim - Milano before you confirm.

What is the best way to send money to Siba Sim - Milano?

Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.

What does each part of SIMSITM1XXX stand for?

SIMS is the bank code of Siba Sim - Milano, IT stands for Italy, M1 is the location code and XXX means the main office.

How long does it take to send money to Siba Sim - Milano in Italy?

SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 2–4 business days.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.