SWIFT/BIC code SKNDITM1XXX
SKNDITM1XXX belongs to Old Mutual Wealth Italy S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | SKNDITM1XXX |
|---|---|
| 8-character code | SKNDITM1 |
| Branch code | XXX |
| Bank | Old Mutual Wealth Italy S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Old Mutual Wealth Italy S.P.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SKND 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 code SKNDITM1XXX?
SKNDITM1XXX is the SWIFT/BIC code of the headquarters of Old Mutual Wealth Italy S.P.A. in Milano, Italy. Use it when you send money to an account at Old Mutual Wealth Italy S.P.A..
What does each part of SKNDITM1XXX mean?
SKND is the bank code of Old Mutual Wealth Italy S.P.A., IT is the ISO code of Italy, M1 is the code for the city or region and XXX marks the main office.
Does Old Mutual Wealth Italy S.P.A. have only one SWIFT/BIC code?
Yes, SKNDITM1XXX is the single SWIFT/BIC code listed for Old Mutual Wealth Italy S.P.A. in Italy, so you do not need to pick a branch code.
Do I need SKNDITM1XXX to send euros to Italy?
Italy is part of 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 SKNDITM1XXX.
How long does a transfer to Old Mutual Wealth Italy S.P.A. take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Is SKNDITM1 and SKNDITM1XXX the same code?
Yes. SKNDITM1 is the short version of SKNDITM1XXX. XXX simply means head office, so both will reach Old Mutual Wealth Italy 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.