SWIFT/BIC code SIMTITM1XXX
SIMTITM1XXX belongs to Simcomit in Milano, Italy.
Code details
| SWIFT/BIC code | SIMTITM1XXX |
|---|---|
| 8-character code | SIMTITM1 |
| Branch code | XXX |
| Bank | Simcomit |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Simcomit SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SIMT 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 is behind SWIFT code SIMTITM1XXX?
SIMTITM1XXX is the SWIFT/BIC code of the main office of Simcomit in Milano, Italy. It is the code to use when you send money to an account at Simcomit.
Does Simcomit have a single SWIFT/BIC code?
Yes – SIMTITM1XXX is the single SWIFT/BIC code we have for Simcomit in Italy, so there is no branch code to choose.
How long does it take to send money to Simcomit?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 1–3 business days.
Do I need SIMTITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need SIMTITM1XXX.
Is SIMTITM1 and SIMTITM1XXX the same code?
Yes. SIMTITM1 is the short version of SIMTITM1XXX. XXX simply refers to the head office, so either version routes your payment to Simcomit in Milano.
What happens if I enter SIMTITM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check SIMTITM1XXX with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.