SWIFT/BIC code SMSMITM1XXX
SMSMITM1XXX belongs to Sempione Sim SPA in Milano, Italy.
Code details
| SWIFT/BIC code | SMSMITM1XXX |
|---|---|
| 8-character code | SMSMITM1 |
| Branch code | XXX |
| Bank | Sempione Sim SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Sempione Sim SPA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SMSM 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 uses BIC SMSMITM1XXX?
SMSMITM1XXX is the SWIFT/BIC code of the headquarters of Sempione Sim SPA in Milano, Italy. Use it when you send money to an account at Sempione Sim SPA.
Does Sempione Sim SPA have a single SWIFT/BIC code?
Yes, SMSMITM1XXX is the only SWIFT/BIC code we have for Sempione Sim SPA in Italy, so there is no branch code to choose.
What does each part of SMSMITM1XXX mean?
SMSM is the institution code of Sempione Sim SPA, IT is the ISO code of Italy, M1 is the code for the city or region and XXX means the main office.
What happens if I use SMSMITM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check SMSMITM1XXX with the recipient before you confirm.
What is the cheapest way to send money to Sempione Sim SPA?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Is SMSMITM1 and SMSMITM1XXX the same code?
Yes, they are. SMSMITM1 is the 8-character version of SMSMITM1XXX. XXX simply refers to the head office, so either version will reach Sempione Sim SPA in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.