SWIFT/BIC code SIPMITM1XXX
SIPMITM1XXX belongs to Sipcam S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | SIPMITM1XXX |
|---|---|
| 8-character code | SIPMITM1 |
| Branch code | XXX |
| Bank | Sipcam S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Sipcam S.P.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SIPM 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 SIPMITM1XXX?
SIPMITM1XXX identifies the headquarters of Sipcam S.P.A. in Milano, Italy. Use it when you send money to an account at Sipcam S.P.A..
What do the letters in SIPMITM1XXX stand for?
SIPM is the institution code of Sipcam S.P.A., IT is the ISO code of Italy, M1 is the location code and XXX means the head office.
Does Sipcam S.P.A. use only one SWIFT/BIC code?
Yes – SIPMITM1XXX is the single SWIFT/BIC code listed for Sipcam S.P.A. in Italy, so there is no branch code to choose.
What happens if I enter SIPMITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check SIPMITM1XXX with the recipient before sending.
What is the cheapest way to send money to Sipcam S.P.A.?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.
Is SIPMITM1 and SIPMITM1XXX the same SWIFT code?
Yes. SIPMITM1 is the short version of SIPMITM1XXX. The XXX at the end only refers to the head office, so both routes your payment to Sipcam 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.